v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and Cash Equivalents $ 113,396 $ 40,246
Restricted Cash 11,813 13,426
Accounts Receivable, Net 24,421 21,354
Inventories 57,323 46,405
Prepaid Expenses 3,027 2,870
Other Current Assets 1,038 3,052
Total Current Assets 211,018 127,352
Long-Term Assets    
Restricted Cash 422 425
Property, Plant, and Equipment, Net 30,583 30,043
Operating lease right of use assets, net 96,554 93,586
Goodwill 246,781 244,743
Other Assets 12,338 13,676
Total Long-Term Assets 404,648 400,840
Total Assets 615,667 528,193
Current Liabilities    
Accounts Payable 30,789 22,586
Accrued Expenses 12,369 10,562
Deferred Revenue 13,200 10,051
Contingent Consideration 2,686 3,151
Short-Term Debt and Current Portion of Long-Term Debt 207,193 200,147
Current portion of operating lease obligations 8,952 8,524
Other Current Liabilities 13,687 9,893
Total Current Liabilities 288,876 264,913
Long-Term Liabilities    
Warrant Liability 0 2,922
Contingent Consideration 6,313 6,044
Long-Term Debt, Net 70,742 91,399
Long-term operating lease obligations 89,203 88,144
Other Long-Term Liabilities 5,817 8,687
Total Long-Term Liabilities 219,583 197,196
Total Liabilities 508,459 462,109
Redeemable Noncontrolling Interests 1,890 2,451
Stockholders’ Equity    
Common Stock, $0.0001 par value, 450,000,000 shares authorized, 71,985,735 issued and outstanding as of June 30, 2026; 97,899,711 shares authorized, 49,180,937 shares issued and outstanding as of December 31, 2025 7 5
Additional Paid-In Capital 385,873 327,839
Accumulated Deficit (275,484) (261,775)
Accumulated Other Comprehensive Loss (1,875) (128)
Total Stockholders’ Equity 108,521 65,941
Noncontrolling Interests (3,204) (2,308)
Total Equity 105,318 63,633
Total Liabilities and Stockholders’ Equity 615,667 528,193
Earnout Shares and Deferred Founder Shares    
Long-Term Liabilities    
Derivative liability, noncurrent 37,118 0
Forward Purchase Agreement    
Long-Term Liabilities    
Derivative liability, noncurrent 10,390 0
Internally developed software    
Long-Term Assets    
Intangible Asset, Finite-Lived, after Accumulated Amortization 5,464 6,769
Trade names    
Long-Term Assets    
Intangible Asset, Finite-Lived, after Accumulated Amortization $ 12,506 $ 11,598