Summary of Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| Summary of Property and Equipment Estimated Useful Lives |
Depreciation is recognized on a straight-line method, based on the following estimated useful lives:
|
|
|
Furniture and equipment |
|
5 years |
Computers and software |
|
3-5 years |
Vehicles |
|
5 years |
Leasehold improvements |
|
Lesser of useful life or lease term |
|
| Reconciliation of Activity Related to Accounts Receivable and Notes Receivable Allowance for Credit Losses |
The following table provides a reconciliation of the activity related to the Company’s accounts receivable and notes receivable allowance for credit losses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
|
Notes receivable |
|
|
Total |
|
Balance at December 31, 2022 |
|
$ |
865 |
|
|
$ |
719 |
|
|
$ |
1,584 |
|
Bad debt expense recognized during the period |
|
|
914 |
|
|
|
1,536 |
|
|
|
2,450 |
|
Write-off of uncollectible amounts |
|
|
(426 |
) |
|
|
(71 |
) |
|
|
(497 |
) |
Balance at December 31, 2023 |
|
$ |
1,353 |
|
|
$ |
2,184 |
|
|
$ |
3,537 |
|
Bad debt expense recognized during the year |
|
|
2,888 |
|
|
|
214 |
|
|
|
3,102 |
|
Write-off of uncollectible amounts |
|
|
(1,731 |
) |
|
|
(2,193 |
) |
|
|
(3,924 |
) |
Balance at December 31, 2024 |
|
$ |
2,510 |
|
|
$ |
205 |
|
|
$ |
2,715 |
|
Bad debt expense recognized during the year |
|
|
2,786 |
|
|
|
58 |
|
|
|
2,844 |
|
Write-off of uncollectible amounts |
|
|
(3,623 |
) |
|
|
(220 |
) |
|
|
(3,843 |
) |
Balance at December 31, 2025 |
|
$ |
1,673 |
|
|
$ |
43 |
|
|
$ |
1,716 |
|
|
| Summary of Prepaid Expenses and Other Current Assets |
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Prepaid expenses and other current assets |
|
|
|
|
|
|
Prepaid expenses and other |
|
$ |
6,989 |
|
|
$ |
2,210 |
|
Contingent consideration receivable, current portion |
|
|
694 |
|
|
|
— |
|
Insurance receivable |
|
|
5,000 |
|
|
|
— |
|
Tax receivables |
|
|
2,708 |
|
|
|
2,659 |
|
Gift card receivable |
|
|
8,760 |
|
|
|
5,809 |
|
Total prepaid expenses and other current assets |
|
$ |
24,151 |
|
|
$ |
10,678 |
|
|
| Summary of Accrued Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued expenses |
|
|
|
|
|
|
Accrued compensation |
|
$ |
4,464 |
|
|
$ |
1,914 |
|
Contingent consideration from acquisitions, current portion |
|
|
500 |
|
|
|
581 |
|
Sales tax accruals |
|
|
711 |
|
|
|
1,197 |
|
Legal accruals, current portion |
|
|
33,047 |
|
|
|
13,835 |
|
Other accruals |
|
|
12,480 |
|
|
|
13,796 |
|
Total accrued expenses |
|
$ |
51,202 |
|
|
$ |
31,323 |
|
|
| Summary of Other Current Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other current liabilities |
|
|
|
|
|
|
Lease liabilities, current portion |
|
$ |
4,701 |
|
|
$ |
5,276 |
|
Promissory note |
|
|
— |
|
|
|
3,350 |
|
Tax receivable agreement liability, current portion |
|
|
— |
|
|
|
2,090 |
|
Gift card liability |
|
|
8,760 |
|
|
|
5,809 |
|
Other current liabilities |
|
|
456 |
|
|
|
1,719 |
|
Total other current liabilities |
|
$ |
13,917 |
|
|
$ |
18,244 |
|
|
| Summary of Other Liabilities |
|
|
|
|
|
|
|
|
|
Other liabilities |
|
|
|
|
|
|
Legal accruals, net of current portion |
|
$ |
6,833 |
|
|
$ |
— |
|
Tax receivable agreement liability, net of current portion |
|
|
— |
|
|
|
11 |
|
Other liabilities |
|
|
160 |
|
|
|
240 |
|
Total other liabilities |
|
$ |
6,993 |
|
|
$ |
251 |
|
Supplemental statement of operations information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
Impairment of goodwill and other noncurrent assets |
|
|
|
|
|
|
|
|
|
Goodwill |
|
$ |
7,451 |
|
|
$ |
37,807 |
|
|
$ |
6,737 |
|
Indefinite-lived intangible assets |
|
|
3,499 |
|
|
|
251 |
|
|
|
— |
|
Definite-lived intangible assets |
|
|
12,650 |
|
|
|
15,244 |
|
|
|
8,936 |
|
Property and equipment assets |
|
|
2,306 |
|
|
|
2,237 |
|
|
|
985 |
|
Right-of-use assets |
|
|
6,812 |
|
|
|
7,012 |
|
|
|
92 |
|
Total impairment of goodwill and other noncurrent assets |
|
$ |
32,718 |
|
|
$ |
62,551 |
|
|
$ |
16,750 |
|
|
| Summary of Supplemental Statement of Operations Information |
Supplemental statement of operations information
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
Impairment of goodwill and other noncurrent assets |
|
|
|
|
|
|
|
|
|
Goodwill |
|
$ |
7,451 |
|
|
$ |
37,807 |
|
|
$ |
6,737 |
|
Indefinite-lived intangible assets |
|
|
3,499 |
|
|
|
251 |
|
|
|
— |
|
Definite-lived intangible assets |
|
|
12,650 |
|
|
|
15,244 |
|
|
|
8,936 |
|
Property and equipment assets |
|
|
2,306 |
|
|
|
2,237 |
|
|
|
985 |
|
Right-of-use assets |
|
|
6,812 |
|
|
|
7,012 |
|
|
|
92 |
|
Total impairment of goodwill and other noncurrent assets |
|
$ |
32,718 |
|
|
$ |
62,551 |
|
|
$ |
16,750 |
|
|