v3.26.1
Stockholders' Deficit (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following table shows the components of accumulated other comprehensive loss, net of income taxes, (“AOCI”) in the stockholders’ deficit section of the condensed consolidated balance sheets at the dates indicated (in thousands):
June 30, 2026December 31, 2025
Unrealized foreign currency translation adjustment, net of realized amounts reclassified into loss from divestitures of businesses$(16,535)$(15,223)
Unrealized translation losses on intercompany loans with foreign subsidiaries, net of taxes(2,521)(2,605)
Unrealized gains on interest rate swaps, net of amounts reclassified into interest expense, net442 2,690 
Total accumulated other comprehensive loss$(18,614)$(15,138)
Schedule of PRSU Activity
The following table summarizes all PSU and RSU activity during the six months ended June 30, 2026:
Number of UnitsWeighted-Average Grant Date Fair Value
Unvested restricted units outstanding as of December 31, 2025194,978 $48.84 
Granted181,833 8.98 
Vested(68,236)34.16 
Forfeited(56,632)72.01 
Unvested restricted units outstanding as of June 30, 2026251,943 $18.84 
Schedule of RSU activity
The following table summarizes all PSU and RSU activity during the six months ended June 30, 2026:
Number of UnitsWeighted-Average Grant Date Fair Value
Unvested restricted units outstanding as of December 31, 2025194,978 $48.84 
Granted181,833 8.98 
Vested(68,236)34.16 
Forfeited(56,632)72.01 
Unvested restricted units outstanding as of June 30, 2026251,943 $18.84 
Schedule of Valuation Assumptions
The significant assumptions used in the Monte Carlo simulation model for the PSUs granted during the six months ended June 30, 2026 were as follows:
Expected volatility90.8%
Risk-free interest rate4.0%
Remaining performance period (in years)2.91
Dividend yield—
Schedule of Allocated Share-Based Compensation Expense
The Company recognizes stock-based compensation expense from all awards in the following expense categories included in the condensed consolidated statements of income (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$72 $143 $158 $264 
Research and development57 318 140 608 
Sales and marketing13 52 43 304 
General and administrative688 2,561 1,450 4,573 
Total$830 $3,074 $1,791 $5,749