v3.26.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Common stock
AOCI
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interest
Total
Beginning balance at Dec. 31, 2024 $ 5 $ (3,902) $ 292,173 $ (124,618) $ 11,751 $ 175,409
Beginning balance (shares) at Dec. 31, 2024 53,936,411          
Issuance of shares - RSUs, net of tax     (111)     (111)
Issuance of shares - RSUs, net of tax (in shares) 50,658          
Issuance of common stock (in shares) 100          
Share based compensation     464     464
Net loss       (4,552) 1,766 (2,786)
Other comprehensive income (loss)   (329)     11 (318)
Ending balance at Mar. 31, 2025 $ 5 (4,231) 292,526 (129,170) 13,528 172,658
Ending balance (shares) at Mar. 31, 2025 53,987,169          
Beginning balance at Dec. 31, 2024 $ 5 (3,902) 292,173 (124,618) 11,751 175,409
Beginning balance (shares) at Dec. 31, 2024 53,936,411          
Net loss           (12,676)
Ending balance at Jun. 30, 2025 $ 5 (2,156) 292,744 (139,476) 14,351 165,468
Ending balance (shares) at Jun. 30, 2025 54,113,036          
Beginning balance at Mar. 31, 2025 $ 5 (4,231) 292,526 (129,170) 13,528 172,658
Beginning balance (shares) at Mar. 31, 2025 53,987,169          
Issuance of shares - RSUs, net of tax     (10)     (10)
Issuance of shares - RSUs, net of tax (in shares) 125,867          
Share based compensation     228     228
Net loss       (10,306) 416 (9,890)
Other comprehensive income (loss)   2,075     407 2,482
Ending balance at Jun. 30, 2025 $ 5 (2,156) 292,744 (139,476) 14,351 165,468
Ending balance (shares) at Jun. 30, 2025 54,113,036          
Beginning balance at Dec. 31, 2025 $ 5 (3,018) 293,237 (431,158) 8,428 (132,506)
Beginning balance (shares) at Dec. 31, 2025 54,113,036          
Issuance of shares - RSUs, net of tax     (30)     (30)
Issuance of shares - RSUs, net of tax (in shares) 85,184          
Distributions to members         (217) (217)
Share based compensation     530     530
Net loss       (28,352) 174 (28,178)
Other comprehensive income (loss)   (156)     (82) (238)
Ending balance at Mar. 31, 2026 $ 5 (3,174) 293,737 (459,510) 8,303 (160,639)
Ending balance (shares) at Mar. 31, 2026 54,198,220          
Beginning balance at Dec. 31, 2025 $ 5 (3,018) 293,237 (431,158) 8,428 (132,506)
Beginning balance (shares) at Dec. 31, 2025 54,113,036          
Net loss           (115,326)
Ending balance at Jun. 30, 2026 $ 5 (3,783) 294,022 (543,777) 5,349 (248,184)
Ending balance (shares) at Jun. 30, 2026 54,435,257          
Beginning balance at Mar. 31, 2026 $ 5 (3,174) 293,737 (459,510) 8,303 (160,639)
Beginning balance (shares) at Mar. 31, 2026 54,198,220          
Issuance of shares - RSUs, net of tax (in shares) 237,037          
Share based compensation     285     285
Net loss       (84,267) (2,881) (87,148)
Other comprehensive income (loss)   (609)     (73) (682)
Ending balance at Jun. 30, 2026 $ 5 $ (3,783) $ 294,022 $ (543,777) $ 5,349 $ (248,184)
Ending balance (shares) at Jun. 30, 2026 54,435,257