Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash Flows from Operating Activities
Net income (loss)	$ (139,879)	$ (102,592)
Net income (loss) from discontinued operations, net of income tax	(30,846)	(64,663)
Net income (loss) from continuing operations	(109,033)	(37,929)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities from continuing operations:
Depreciation and amortization	13,682	10,877
Amortization of debt discounts and deferred financing costs	0	1,666
Unrealized (gain) loss on investments	(3,702)	(4,899)
Realized (gain) loss on investments	816	(10,719)
Impairment loss on goodwill and intangible assets	35,000	74,267
Fair value (gain) loss on TRA	1,389	(3,786)
(Income) loss on equity method investments	5	197
Fair value (gain) loss on earnout liability	(9,939)	(41,922)
Fair value gain (loss) on preferred stock tranche liability	(2,290)	(1,140)
Deferred income tax (benefit) expense	22,664	(16,786)
Equity-settled share-based payments	26,497	13,892
Unrealized foreign currency (gains)/losses	0	14
Cash flows due to changes in operating assets and liabilities
(Increase) decrease in fees receivable	(4,380)	38,960
(Increase) decrease in other assets	(3,651)	(13,474)
Operating cash flow from operating leases	2,600	3,514
Increase (decrease) in accounts payable and accrued expenses	(3,555)	344
Increase (decrease) in accrued compensation and profit sharing	(14,822)	(39,370)
Increase (decrease) in other liabilities	(4,977)	9,759
Other operating activities	0	(72)
Net cash provided by (used in) operating activities from continuing operations	(53,528)	(16,448)
Cash Flows from Investing Activities
Receipt of payments of notes receivable from members	0	66
Purchases of investments	(28)	(102)
Cash payment for delayed share purchase agreement	0	(1,818)
Acquisition of Kontora, net of cash acquired	(6,556)	0
Acquisition of EEA, net of cash acquired	0	(69,182)
Acquisition of PW, net of cash acquired	0	(1,467)
Acquisition of Envoi	0	(25,258)
Sales of investments	171	818
Proceeds from sale of FOS	0	16,683
Proceeds from sale of equity method investment	20,449	0
Loss on disposal of intangible assets	(9)	0
Sale of fixed assets	0	144
Purchases of fixed assets	(806)	(5,772)
Net cash provided by (used in) investing activities from continuing operations	13,221	(85,888)
Cash Flows from Financing Activities
Proceeds from issuance of preferred stock and Constellation Warrants	18,471	305,340
Proceeds from issuance of common stock	0	94,660
Member contribution (distribution)	0	(6,764)
Payments on term notes and lines of credit	(164)	(89,862)
Borrowings on term notes and lines of credit	0	32,258
Cash payment for earnout	(7,551)	(7,249)
Payments of debt issuance costs	0	(1,519)
Taxes paid on net settled share-based compensation awards	0	(4,037)
Tax payments on behalf of Umbrella partners	0	(379)
Payment of preferred stock tranche right liability issuance costs	0	(512)
Cash payment of earn-in liability	(1,300)	(754)
Net cash provided by (used in) financing activities from continuing operations	9,456	306,711
Cash Flows from Discontinued Operations:
Net cash provided by (used in) operating activities from discontinued operations	422	(34,144)
Net cash provided by (used in) investing activities from discontinued operations	(1,590)	32,441
Net cash provided by (used in) financing activities from discontinued operations	0	(6)
Net cash provided by discontinued operations	(1,168)	(1,709)
Net increase (decrease) in cash and cash equivalents, including discontinued operations	(32,019)	202,666
Effect of exchange rate changes on cash and cash equivalents, including discontinued operations	2,379	1,225
Cash and cash equivalents, including discontinued operations, at beginning of the period	65,487	18,246
Cash and cash equivalents, including discontinued operations, at end of the period	35,847	222,137
Less: Cash and cash equivalents of discontinued operations, at end of the period		1,545
Cash and cash equivalents	35,847	220,592
Supplemental Disclosure of Cash Flow Information
Income taxes	209	983
Interest payments on term notes and lines of credit	20	12,900
Preferred Stock
Cash Flows from Financing Activities
Payment of issuance costs	0	(10,235)
Common Stock
Cash Flows from Financing Activities
Payment of issuance costs	0	(4,236)
Member Notes Receivable
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities from continuing operations:
Forgiveness of debt of notes receivable from members	$ 168	$ 159