XML 19 R3.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net product revenue $ 315.5 $ 284.8 $ 276.4
Machine lease revenue 53.4 51.5 50.1
Net revenue 368.9 336.3 326.5
Cost of product sales 202.9 181.3 192.6
Cost of leased machines 26.2 31.7 34.3
Gross profit 139.8 123.3 99.6
Selling, general and administrative expenses 111.9 91.8 105.5
Depreciation and amortization expense 35.1 33.8 32.1
Other operating expense, net 5.6 5.2 4.5
Loss from operations (12.8) (7.5) (42.5)
Interest expense 28.6 24.3 20.7
Foreign currency gain (1.6) (0.3) (2.2)
Loss on extinguishment of debt 4.8 0.0 0.0
Other non-operating income, net (20.9) (0.2) (4.3)
Total (23.7) (31.3) (56.7)
Income tax benefit (2.2) (4.2) (15.3)
Net loss $ (21.5) $ (27.1) $ (41.4)
Basic and diluted loss per share      
Basic (in usd per share) $ (0.26) $ (0.33) $ (0.51)
Diluted (in usd per share) $ (0.26) $ (0.33) $ (0.51)
Weighted average number of shares outstanding – Class A and C – basic and diluted      
Basic (in shares) 83,059,187 82,374,605 81,877,334
Diluted (in shares) 83,059,187 82,374,605 81,877,334
Other comprehensive income (loss), before tax      
Foreign currency translation adjustments $ (4.2) $ 2.0 $ (7.2)
Interest rate swap adjustments (3.4) (7.9) 14.1
Total other comprehensive income (loss), before tax (7.6) (5.9) 6.9
Provision (benefit) for income taxes related to other comprehensive income (loss) 0.7 (2.8) 4.3
Total other comprehensive income (loss), net of tax (8.3) (3.1) 2.6
Comprehensive loss, net of tax $ (29.8) $ (30.2) $ (38.8)