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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities      
Net income $ 33,574 $ 24,127 $ 42,661
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 13,817 12,626 10,529
Amortization/write off of deferred financing costs 622 3,093 2,165
Equity-based compensation 9,902 14,230 20,862
Provision for credit losses 0 0 296
Provision for obsolete or slow-moving inventory 1,206 2,670 5,041
Provision for warranty expense 522 15,203 59,556
Deferred taxes 16,132 14,035 11,334
Other 1,049 0 0
Changes in assets and liabilities:      
Accounts receivable (50,612) 28,937 (56,839)
Unbilled receivables (1,299) 19,302 (23,423)
Inventory (35,107) (5,843) 15,009
Other assets 1,822 (9,767) 1,355
Accounts payable 43,320 5,636 5,171
Accrued expenses and other 4,790 (11,247) 4,471
Warranty liability (40,965) (29,123) (5,202)
Deferred revenue 18,294 (3,491) (1,031)
Net Cash Provided by Operating Activities 17,067 80,388 91,955
Cash Flows from Investing Activities      
Purchases of property, plant and equipment (33,043) (8,393) (10,578)
Proceeds from sale of property, plant and equipment 5,088 0 0
Other 0 0 (269)
Net Cash Used in Investing Activities (27,955) (8,393) (10,847)
Cash Flows from Financing Activities      
Distributions to non-controlling interests 0 0 (2,628)
Employee withholding taxes related to net settled equity awards (362) (1,222) (3,880)
Deferred financing costs 0 (2,638) 0
Proceeds from revolving credit facility 60,000 148,750 45,000
Repurchase of Class A common stock 0 (25,331) 0
Excise taxes on treasury stock transactions 59 0 0
Deferred offering costs 0 0 (1,159)
Net Cash Used in Financing Activities (5,303) (71,191) (67,167)
Net Increase (Decrease) in Cash, Cash Equivalents (16,191) 804 13,941
Cash, Cash Equivalents—Beginning of Period 23,511 22,707 8,766
Cash, Cash Equivalents—End of Period 7,320 23,511 22,707
Supplemental Cash Flows Information:      
Cash paid for interest 9,110 16,287 23,104
Cash paid for taxes (183) 109 1,324
Non-cash investing and financing activities:      
Purchased equipment not yet paid for 1,523 0 0
Right of use operating lease assets obtained in exchange for lease obligations 46,168 0 0
Right of use operating lease liabilities obtained in exchange for lease assets 41,336 0 0
Recording of deferred tax assets related to exchanges of Class B common stock to Class A common stock 0 0 187,648
Capital contribution related to tax receivable agreement exchanges of Class B common stock to Class A common stock 0 0 187,648
Term Loan Facility      
Cash Flows from Financing Activities      
Payments on/ repayments of credit facilities 0 (143,750) (51,500)
Revolving line of credit      
Cash Flows from Financing Activities      
Payments on/ repayments of credit facilities $ (65,000) $ (47,000) $ (53,000)