Mandatorily Redeemable Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2025

Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]

Summary of Key Assumptions

Key assumptions in the analysis included the following as of December 31, 2025:

	Contingent Consideration
Discount rate		12.5	%
Gross revenue risk adjustment		2.9	%
Gross revenue volatility		15.0	%
Risk-free rate		3.5	%
Weighted average cost of capital		10.5	%

Key assumptions in the analysis included the following as of December 31, 2024:

	Contingent Consideration
Discount rate		11.8	%
Gross revenue risk adjustment		4.4	%
Gross revenue volatility		17.5	%
Risk-free rate		4.3	%
Weighted average cost of capital		12.5	%

Mandatorily Redeemable Preferred Stock

Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]

Summary of Key Assumptions

Key assumptions in the analysis included the following as of the date of issuance:

	Mandatorily Redeemable Preferred Stock
Yield Volatility		20.0	%
Risk-free Rate		3.9	%
Selected Credit Spread		29.3	%
Term	1.92 years