Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
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, 2025

 

$

1,673

 

 

$

43

 

 

$

1,716

 

Bad debt expense recognized during the year

 

 

89

 

 

 

—

 

 

 

89

 

Write-off of uncollectible amounts

 

 

(7

)

 

 

—

 

 

 

(7

)

Balance at June 30, 2026

 

$

1,755

 

 

$

43

 

 

$

1,798

 
Summary of Prepaid Expenses and Other Current Assets

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Prepaid expenses and other current assets

 

 

 

 

 

 

Prepaid expenses and other

 

$

8,128

 

 

$

6,989

 

Contingent consideration receivable, current portion

 

 

—

 

 

 

694

 

Insurance receivable

 

 

—

 

 

 

5,000

 

Tax receivables

 

 

3,144

 

 

 

2,708

 

Gift card receivable

 

 

8,897

 

 

 

8,760

 

Total prepaid expenses and other current assets

 

$

20,169

 

 

$

24,151
Summary of Accrued Expenses

 

 

 

 

 

 

Accrued expenses

 

 

 

 

 

 

Accrued compensation

 

$

2,243

 

 

$

4,464

 

Contingent consideration from acquisitions, current portion

 

 

—

 

 

 

500

 

Sales tax accruals

 

 

620

 

 

 

711

 

Legal accruals, current portion

 

 

16,982

 

 

 

33,047

 

Other accruals

 

 

11,281

 

 

 

12,480

 

Total accrued expenses

 

$

31,126

 

 

$

51,202
Summary of Other Current liabilities

 

 

 

 

 

 

Other current liabilities

 

 

 

 

 

 

Lease liabilities, current portion

 

$

4,112

 

 

$

4,701

 

Gift card liability

 

 

8,897

 

 

 

8,760

 

Other current liabilities

 

 

321

 

 

 

456

 

Total other current liabilities

 

$

13,330

 

 

$

13,917
Summary of Other liabilities

Other liabilities

 

 

 

 

 

 

Legal accruals, net of current portion

 

$

8,657

 

 

$

6,833

 

Other liabilities

 

 

160

 

 

 

160

 

Total other liabilities

 

$

8,817

 

 

$

6,993

 

 

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Impairment of goodwill and other noncurrent assets

 

 

 

 

 

 

Goodwill

 

$

—

 

 

$

7,451

 

Indefinite-lived intangible assets

 

 

—

 

 

 

3,449

 

Definite-lived intangible assets

 

 

—

 

 

 

—

 

Property and equipment assets

 

 

—

 

 

 

1,470

 

Right-of-use assets

 

 

—

 

 

 

2,473

 

Total impairment of goodwill and other noncurrent assets

 

$

—

 

 

$

14,843

 
Summary of Supplemental Statement of Operations Information

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Impairment of goodwill and other noncurrent assets

 

 

 

 

 

 

Goodwill

 

$

—

 

 

$

7,451

 

Indefinite-lived intangible assets

 

 

—

 

 

 

3,449

 

Definite-lived intangible assets

 

 

—

 

 

 

—

 

Property and equipment assets

 

 

—

 

 

 

1,470

 

Right-of-use assets

 

 

—

 

 

 

2,473

 

Total impairment of goodwill and other noncurrent assets

 

$

—

 

 

$

14,843