Quarterly report [Sections 13 or 15(d)]

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

v3.26.3
Segment Information - Schedule of Financial Information for the Company's One Reportable and Operating Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]                
Total revenue, net $ 62,261     $ 78,824     $ 188,943 $ 231,915
Marketing and promotion 951     757     4,711 3,323
Salary and wages 8,783     11,324     28,033 33,351
Professional services (including legal and accounting) 10,492     2,885     30,859 27,556
Rent and occupancy 1,104     1,526     3,379 4,805
Marketing fund expense 9,565     8,983     32,679 27,195
Acquisition and transaction expense (income) (3,843)     3,071     (5,591) (7,482)
Other segment items [1] 4,842     4,001     17,576 17,115
Equity-based compensation 2,033     2,394     5,720 8,341
Depreciation and amortization 1,329     3,679     5,346 9,608
Impairment of goodwill and other noncurrent assets 0     17,568     0 32,411
Interest income (684)     (1,094)     (1,989) (2,414)
Interest expense 15,195     12,917     44,637 37,280
Income taxes 123     266     194 1,063
Net income (loss) 4,908 $ (4,831) $ (820) (6,746) $ 1,346 $ (2,659) (743) (8,059)
Product revenue                
Segment Reporting [Line Items]                
Costs of revenue 3,140     10,246     12,349 32,723
Franchise and service revenue                
Segment Reporting [Line Items]                
Costs of revenue $ 4,323     $ 7,047     $ 11,783 $ 15,099
[1] Other segment items include restructuring expenses (recovery) of $679 and $1,353 for the three and nine months ended September 30, 2026, respectively, and $1,318 and $2,376 for the three and nine months ended September 30, 2025, respectively. Other segment items also include travel expenses, insurance expenses, TRA expenses, and other selling, general and administrative expenses.