v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total
Balance at beginning of period at Dec. 31, 2024 $ 942 $ 519,878 $ (442,922) $ 19,584 $ 97,482
Balance at beginning of year (in shares) at Dec. 31, 2024 94,221        
Net income (loss)     (48,781)   (48,781)
Amortization of Series A Convertible Preferred Shares   172     172
Other comprehensive income (loss)       (37,142) (37,142)
Equity-based compensation $ 5 8,075     8,080
Equity-based compensation (in shares) 487        
Net share settlement of equity awards   (1,564)     (1,564)
Balance at end of year (in shares) at Jun. 30, 2025 94,708        
Balance at end of period at Jun. 30, 2025 $ 947 526,561 (491,703) (17,558) 18,247
Balance at beginning of period at Mar. 31, 2025 $ 946 521,742 (470,140) 18,863 71,411
Balance at beginning of year (in shares) at Mar. 31, 2025 94,622        
Net income (loss)     (21,563)   (21,563)
Amortization of Series A Convertible Preferred Shares   86     86
Other comprehensive income (loss)       (36,421) (36,421)
Equity-based compensation $ 1 4,749     4,750
Equity-based compensation (in shares) 86        
Net share settlement of equity awards   (16)     (16)
Balance at end of year (in shares) at Jun. 30, 2025 94,708        
Balance at end of period at Jun. 30, 2025 $ 947 526,561 (491,703) (17,558) 18,247
Balance at beginning of period at Dec. 31, 2025 $ 969 544,567 (534,370) (13,034) $ (1,868)
Balance at beginning of year (in shares) at Dec. 31, 2025 96,866       96,866
Net income (loss)     (22,190)   $ (22,190)
Amortization of Series A Convertible Preferred Shares   173     173
Other comprehensive income (loss)       (9,728) (9,728)
Equity-based compensation $ 7 3,289     3,296
Equity-based compensation (in shares) 761        
Net share settlement of equity awards   (956)     $ (956)
Balance at end of year (in shares) at Jun. 30, 2026 97,627       97,627
Balance at end of period at Jun. 30, 2026 $ 976 547,073 (556,560) (22,762) $ (31,273)
Balance at beginning of period at Mar. 31, 2026 $ 976 545,438 (542,903) (23,740) (20,229)
Balance at beginning of year (in shares) at Mar. 31, 2026 97,541        
Net income (loss)     (13,657)   (13,657)
Amortization of Series A Convertible Preferred Shares   87     87
Other comprehensive income (loss)       978 978
Equity-based compensation   1,565     1,565
Equity-based compensation (in shares) 86        
Net share settlement of equity awards   (17)     $ (17)
Balance at end of year (in shares) at Jun. 30, 2026 97,627       97,627
Balance at end of period at Jun. 30, 2026 $ 976 $ 547,073 $ (556,560) $ (22,762) $ (31,273)