v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 41,104 $ 49,875
Restricted cash 13,707 21,164
Accounts receivable, net of allowance for credit losses of $2,279 and $2,750, respectively 91,281 94,099
Inventories 186,983 199,802
Derivative assets 22,531 15,049
Prepaid expenses and other current assets 12,672 16,370
Total current assets 368,278 396,359
Property, plant and equipment, net 447,381 483,606
Goodwill 116,111 116,111
Intangible assets, net 101,327 107,141
Operating lease right-of-use assets 59,879 60,310
Other long-term assets 14,562 12,451
Total Assets 1,107,538 1,175,978
LIABILITIES, CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)    
Current maturities of long-term debt 44,077 19,281
Short-term debt 77,860 82,640
Accounts payable 83,837 91,175
Supply chain finance program 99,863 96,594
Derivative liabilities 4,221 28,600
Accrued expenses and other current liabilities 104,833 95,340
Total current liabilities 414,691 413,630
Long-term debt, net 319,479 356,788
Convertible notes payable - related party, net 64,883 64,754
Deferred income taxes 11,982 10,160
Operating lease liabilities 57,343 58,146
Other long-term liabilities 866 865
Total liabilities 869,244 904,343
Commitments and contingencies (Note 18)
Shareholders' Equity (Deficit)    
Preferred stock, $0.01 par value, 26,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value, 300,000 shares authorized, 97,631 shares and 96,866 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 976 969
Additional paid-in-capital 549,247 544,567
Accumulated deficit (566,536) (534,370)
Accumulated other comprehensive income (loss) (18,636) (13,034)
Total shareholders' equity (deficit) (34,949) (1,868)
Total Liabilities, Convertible Preferred Shares and Shareholders' Equity (Deficit) 1,107,538 1,175,978
Series A Redeemable Common Equivalent Preferred Shares    
LIABILITIES, CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)    
Series A Convertible Preferred Shares, $0.01 par value, 24,000 shares authorized, 23,511 shares and 23,511 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively, $11.50 liquidation value $ 273,243 $ 273,503