Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes to Stockholders' Equity (Deficit) (Unaudited)

v3.26.1
Condensed Consolidated Statements of Changes to Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock Member
Class A Common Stock
Common Stock Member
Class B Common Stock
Treasury Stock
Additional Paid-In Capital
Receivable from Shareholder
Accumulated Deficit
Noncontrolling Interests
Beginning Balance at Dec. 31, 2024 $ (310,815) $ 3 $ 1 $ (1,697) $ 503,850 $ (16,891) $ (701,837) $ (94,244)
Beginning balance, Shares at Dec. 31, 2024   33,660,000 14,739,000          
Beginning balance, Shares at Dec. 31, 2024       75,000        
Equity-based compensation 3,281       3,281     0
Net income (loss) (2,659)           (1,923) (736)
Conversion of Class B shares to Class A shares         (6,784)     6,784
Conversion of Class B shares to Class A shares, Shares   1,000,000 (1,000,000)          
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes, Shares   118,000            
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes (919)       919      
Loan to shareholder and accumulated interest (384)         (384)    
Distributions paid to Pre-IPO LLC Members (315)             (315)
Preferred stock dividend (1,898)       (1,898)      
Ending Balance at Mar. 31, 2025 (313,709) $ 3 $ 1 $ (1,697) 497,530 (17,275) (703,760) (88,511)
Ending balance, Shares at Mar. 31, 2025   34,778,000 13,739,000          
Ending balance, Shares at Mar. 31, 2025       75,000        
Beginning Balance at Dec. 31, 2025 $ (371,953) $ 3 $ 1 $ (1,697) 489,732 (16,603) (740,520) (102,869)
Beginning balance, Shares at Dec. 31, 2025   35,256,000 13,738,000          
Beginning balance, Shares at Dec. 31, 2025 75,000     75,000        
Equity-based compensation $ 1,984       1,984      
Net income (loss) (820)           (725) (95)
Conversion of Class B shares to Class A shares   $ 1 $ (1)   (47,449)     47,449
Conversion of Class B shares to Class A shares, Shares   6,435,000 (6,435,000)          
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes, Shares   121,000            
Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes (632)       (632)      
Loan to shareholder and accumulated interest (413)         (413)    
Distributions paid to Pre-IPO LLC Members (138)             (138)
Ending Balance at Mar. 31, 2026 $ (371,972) $ 4 $ 0 $ (1,697) $ 443,635 $ (17,016) $ (741,245) $ (55,653)
Ending balance, Shares at Mar. 31, 2026   41,812,000 7,303,000          
Ending balance, Shares at Mar. 31, 2026 75,000     75,000