v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 2.2 $ (41.9)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 3.8 4.3
Stock-based compensation 1.4 0.5
Amortization of debt discount and issuance costs 3.2 5.0
Interest paid-in-kind capitalized in debt principal 1.7 1.3
Impairment of franchise rights 0.0 34.0
Changes in operating assets and liabilities:    
Accounts receivable 1.0 1.5
Inventory (50.9) (34.3)
Prepaid expenses and other assets 1.1 1.1
Other liabilities 1.0 1.7
Accounts payable and accrued liabilities 2.9 2.3
Floor plan trade note borrowings, net 4.9 28.5
Net cash (used in) provided by operating activities (27.7) 4.0
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (2.1) (2.9)
Capitalization of internal-use software costs (0.3) 0.0
Net cash used in investing activities (2.4) (2.9)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of debt (0.2) (39.0)
Net proceeds on non-trade floor plan facilities 50.6 1.8
Shares redeemed for employee tax obligations (0.1) 0.0
Other 0.0 (0.8)
Net cash provided by (used in) financing activities 50.3 (38.0)
NET CHANGE IN CASH AND RESTRICTED CASH 20.2 (36.9)
Cash and restricted cash at beginning of period 42.9 96.7
Cash and restricted cash at end of period $ 63.1 $ 59.8