Failed sale leaseback arrangements (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of sale leaseback arrangements

As of December 31, 2025 and 2024, the Company’s failed sale and leaseback arrangements were recognized in the Consolidated Balance Sheets as follows:

	As of
	December 31, 2025		December 31, 2024
Property, plant and equipment, net:
Financed property and equipment, net of accumulated depreciation of $76.1 million and $59.1 million, respectively	$	124,708	$	143,923
Financial obligations:
Financial obligation - current	7,238		7,208
Financial obligation - net of current	202,901		201,687
Total financial obligations	$	210,139	$	208,895

For the years ended December 31, 2025 and 2024, the expenses incurred by the Company related to its failed sale and leaseback arrangements were recognized on the Consolidated Statements of Operations as follows:

	Years Ended
	December 31, 2025		December 31, 2024
Other income (expense):
Interest on financial obligations	$	26,450	$	23,726
Operating expenses:
Depreciation on financed property, plant and equipment	12,953		17,143
Total expense associated with failed sale and leaseback arrangements	$	39,403	$	40,869

As of December 31, 2025, maturities of the Company’s financial obligations associated with its failed sale and leaseback arrangements were as follows:

Fiscal Year	Financial Obligations
2026	$	33,139
2027	31,006
2028	31,841
2029	30,497
2030	29,459
2031 and thereafter	327,183
Total undiscounted remaining minimum lease payments	483,125
Less: imputed interest	(272,986)
Total discounted remaining minimum lease payments	$	210,139

Schedule of components of lease cost

The components of the Company’s lease expenses for the years ended December 31, 2025 and 2024 were as follows:

	Years Ended
	December 31, 2025		December 31, 2024
Finance lease expense:
Amortization of ROU assets
Cost of goods sold	$	6,686	$	10,257
Operating expenses	5,599		28,787
Total amortization of ROU assets	12,285		39,044
Interest on finance lease liabilities	17,626		17,537
Total finance lease expense	29,911		56,581
Operating lease expense(1)	32,092		30,446
Short-term lease expense	2,467		2,589
Total lease expense	$	64,470	$	89,616
(1) Includes $0.1 million of sublease income as a net reduction of rent expense for the years ended December 31, 2025 and 2024.

For the years ended December 31, 2025 and 2024, cash flows associated with the Company’s failed sale and leaseback arrangements were recognized in the Consolidated Statements of Cash Flows as follows:

	Years Ended
	December 31, 2025		December 31, 2024
Cash flows from operating activities:
Operating cash flows from failed sale and leaseback arrangements	$	(26,450)	$	(23,726)
Cash flows from financing activities:
Financing cash flows from failed sale and leaseback financial obligations	(5,843)		(5,777)
Net cash flows from failed sale and leaseback arrangements	$	(32,293)	$	(29,503)