Quarterly report [Sections 13 or 15(d)]

Segment Information - Schedule of Financial Information for the Company's One Reportable and Operating Segment (Details)

v3.25.2
Segment Information - Schedule of Financial Information for the Company's One Reportable and Operating Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]            
Total revenue, net $ 76,208   $ 76,903   $ 153,091 $ 156,596
Marketing and promotion 1,205   2,091   2,566 4,224
Salary and wages 10,555   11,040   22,027 22,239
Professional services (including legal and accounting) 1,841   9,429   24,671 15,186
Rent and occupancy 1,642   3,030   3,279 8,187
Marketing fund expense 8,855   7,847   18,212 14,362
Acquisition and transaction expenses (income) (1,915)   (1,217)   (10,553) 3,298
Other segment items [1] 7,066   7,456   13,114 16,497
Equity-based compensation 2,666   4,196   5,947 8,138
Depreciation and amortization 2,973   4,517   5,929 8,953
Impairment of goodwill and other assets 12,928   12,089   14,843 12,089
Interest income (701)   (387)   (1,320) (750)
Interest expense 12,975   11,256   24,363 22,801
Income taxes 312   132   797 85
Net income (loss) 1,346 $ (2,659) (14,343) $ (3,750) (1,313) (18,093)
Product revenue            
Segment Reporting Information [Line Items]            
Costs of revenue 10,505   13,933   22,477 28,499
Franchise and service revenue            
Segment Reporting Information [Line Items]            
Costs of revenue $ 3,955   $ 5,834   $ 8,052 $ 10,881
[1] Other segment items include restructuring expenses of $907 and $1,058 for the three and six months ended June 30, 2025, respectively, and $487 and $4,930 for the three and six months ended June 30, 2024, respectively. Other segment items also include travel expenses, insurance expense, TRA expense, and other selling, general and administrative expenses.