Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash, cash equivalents, and restricted cash (Note 2)	$ 158,941	$ 144,342
Accounts receivable, net of allowance of $15,359 in 2023 and $19,280 in 2024	62,465	50,973
Prepaid expenses	13,748	13,032
Income tax receivable	949	474
Assets held for sale (Note 6)	24,469	8,561
Total current assets	260,572	217,382
Property and equipment, net	73,383	87,503
Operating lease assets, net	94,776	100,023
Deferred income taxes	47,311	51,360
Intangible assets, net	28,221	31,539
Goodwill	59,593	59,593
Other assets, net	6,247	9,986
Total assets	570,103	557,386
Current liabilities:
Accounts payable	7,847	8,663
Accrued compensation and benefits	20,546	16,711
Accrued liabilities	13,735	11,476
Deferred revenue and student deposits	23,474	23,830
Lease liabilities, current	13,553	13,309
Total current liabilities	79,155	73,989
Lease liabilities, long term	93,645	96,739
Long-term debt, net	93,424	94,682
Total liabilities	266,224	265,410
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred Stock, $.01 par value; authorized shares – 10,000,000; Series A Senior Preferred Stock, 400 shares issued or outstanding in 2023 and 2024, respectively. ($138,132 and $117,439 liquidation preference per share, $55,253 and $46,976 in aggregate, for 2023 and 2024, respectively) (Note 13)	39,691	39,691
Common Stock, $.01 par value; authorized shares – 100,000,000; 17,604,371 issued and outstanding in 2023; 17,712,575 issued and outstanding in 2024	177	176
Additional paid-in capital	305,823	299,561
Accumulated other comprehensive income	(7)	1,644
Accumulated deficit	(41,805)	(49,096)
Total stockholders’ equity	303,879	291,976
Total liabilities and stockholders’ equity	$ 570,103	$ 557,386