v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT - USD ($)
$ in Thousands
Total
Preferred Stock
APIC
Accumulated Deficit
Noncontrolling Interest
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Balance at beginning of period (in shares) at Dec. 31, 2024           24,775 49,400
Balance at beginning of period at Dec. 31, 2024 $ (19,730)   $ 3,786 $ (8,774) $ (14,742) $ 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 705   705        
Issuance related to vesting of restricted stock units, net of tax withholdings (in shares)           635  
Issuance pursuant to the Equity Reserve Facility (in shares)           27,543  
Issuance pursuant to the Equity Reserve Facility 4,580   4,580        
Conversion of Class B to Class A Common Stock (in shares)           1,909 (1,909)
Conversion of Class B to Class A Common Stock 0   (613)   613    
Net loss (10,136)     (4,604) (5,532)    
Noncontrolling interest rebalancing 0   (5,660)   5,660    
Balance at end of period (in shares) at Jun. 30, 2025           54,862 47,491
Balance at end of period at Jun. 30, 2025 (24,581)   2,798 (13,378) (14,001) $ 0 $ 0
Balance at beginning of period (in shares) at Dec. 31, 2024           24,775 49,400
Balance at beginning of period at Dec. 31, 2024 (19,730)   3,786 (8,774) (14,742) $ 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance pursuant to the Equity Reserve Facility 11,700            
Balance at end of period (in shares) at Jun. 30, 2026   27,077       740,119 42,160
Balance at end of period at Jun. 30, 2026 (13,825) $ 0 27,899 (36,365) (5,360) $ 1 $ 0
Balance at beginning of period (in shares) at Mar. 31, 2025           32,243 49,082
Balance at beginning of period at Mar. 31, 2025 (23,315)   3,794 (11,129) (15,980) $ 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 389   389        
Issuance related to vesting of restricted stock units, net of tax withholdings (in shares)           482  
Issuance pursuant to the Equity Reserve Facility (in shares)           20,546  
Issuance pursuant to the Equity Reserve Facility 2,541   2,541        
Conversion of Class B to Class A Common Stock (in shares)           1,591 (1,591)
Conversion of Class B to Class A Common Stock 0   (518)   518    
Net loss (4,196)     (2,249) (1,947)    
Noncontrolling interest rebalancing 0   (3,408)   3,408    
Balance at end of period (in shares) at Jun. 30, 2025           54,862 47,491
Balance at end of period at Jun. 30, 2025 (24,581)   2,798 (13,378) (14,001) $ 0 $ 0
Balance at beginning of period (in shares) at Dec. 31, 2025   27,077       331,076 42,160
Balance at beginning of period at Dec. 31, 2025 (7,023) $ 0 25,812 (27,720) (5,115) $ 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 267   267        
Issuance related to vesting of restricted stock units, net of tax withholdings (in shares)           2,464  
Issuance pursuant to the Equity Reserve Facility (in shares)           216,250  
Issuance pursuant to the Equity Reserve Facility 1,119   1,118     $ 1  
Issuance pursuant to the Committed Equity Facility (in shares)           38,288  
Issuance pursuant to the Committed Equity Facility 107   107        
Settlement of accounts payable through issuance of common stock (in shares)           152,041  
Settlement of accounts payable through issuance of common stock 2,028   2,028        
Preferred dividends accrued (1,163)   (1,163)        
Net loss (9,160)     (8,645) (515)    
Noncontrolling interest rebalancing 0   (270)   270    
Balance at end of period (in shares) at Jun. 30, 2026   27,077       740,119 42,160
Balance at end of period at Jun. 30, 2026 (13,825) $ 0 27,899 (36,365) (5,360) $ 1 $ 0
Balance at beginning of period (in shares) at Mar. 31, 2026   27,077       700,759 42,160
Balance at beginning of period at Mar. 31, 2026 (9,721) $ 0 28,403 (32,970) (5,155) $ 1 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation 84   84        
Issuance related to vesting of restricted stock units, net of tax withholdings (in shares)           1,072  
Issuance pursuant to the Committed Equity Facility (in shares)           38,288  
Issuance pursuant to the Committed Equity Facility 107   107        
Preferred dividends accrued (706)   (706)        
Net loss (3,589)     (3,395) (194)    
Noncontrolling interest rebalancing 0   11   (11)    
Balance at end of period (in shares) at Jun. 30, 2026   27,077       740,119 42,160
Balance at end of period at Jun. 30, 2026 $ (13,825) $ 0 $ 27,899 $ (36,365) $ (5,360) $ 1 $ 0