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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
1 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Jul. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities          
Net Income (Loss)   $ (351,123) $ 1,454,658   $ (215,150)
Adjustments to reconcile net profit (loss) to cash provided by (used in) operating activities          
Depreciation and amortization   26,225 22,313   50,307
Original issue discount, debt premium and debt issuance cost amortization   3,336 (14,595)   (65,910)
Reorganization items   (167) (1,626,790)   0
Interest on BR Exar AR Facility   0 (2,399)   (5,226)
Debt modification and extinguishment loss (gain), net   0 121   363
Impairment of goodwill   320,292 0 $ 320,300 108,489
Provision for credit losses   2,007 (278)   18,094
Deferred income tax provision   389 36,396   939
Equity-based compensation expense   886 204   1,599
Unrealized foreign currency (gain) loss   849 (659)   (364)
Loss (gain) on sale of assets   2,395 1,967   (96)
Fair value adjustment for private warrants liability   6 0   0
Paid-in-kind interest   0 28,848   86,688
Change in operating assets and liabilities, net of effect from acquisitions          
Accounts receivable   12,053 (93,713)   6,076
Prepaid expenses and other current assets   5,975 (2,203)   2,397
Accounts payable and accrued liabilities   (8,850) 30,172   33,097
Related party receivables (payables)   4,002 6,134   2,354
Additions to outsourced contract costs   (43) (118)   (390)
Net cash provided by (used in) operating activities   18,232 (159,942)   23,267
Cash flows from investing activities          
Net cash received from acquisition (Refer Note 5)   0 1,485   0
Purchase of property, plant and equipment   (5,802) (3,081)   (6,294)
Additions to internally developed software   (1,451) (1,067)   (3,160)
Proceeds from sale of assets   917 (27)   2,966
Net cash used in investing activities   (6,336) (2,690)   (6,488)
Cash flows from financing activities          
Cash paid for debt issuance costs   (1,770) (3,719)   (533)
Principal payments on finance lease obligations   (1,670) (3,360)   (6,573)
Borrowings from other loans   10,951 3,785   14,751
Proceeds from Super Senior Term Loan   0 40,000   0
Repayment of Second Lien Note   (3,750) (5,975)   (6,000)
Proceeds from DIP New Money Loans   0 80,000   0
Principal repayments on senior secured term loans and other loans   (6,247) (42,748)   (11,488)
Net cash provided by (used in) financing activities   13,109 145,264   (2,756)
Effect of exchange rates on cash, restricted cash and cash equivalents   (234) (2,804)   (3,451)
Net increase (decrease) in cash, restricted cash and cash equivalents   24,771 (20,172)   10,572
Cash, restricted cash and cash equivalents          
Beginning of period   43,895 64,067 64,067 53,495
End of period $ 68,666 68,666 43,895 68,666 64,067
Supplemental cash flow data:          
Income tax payments, net of refunds received   2,949 2,897   3,590
Interest paid   7,652 10,077   74,820
Cash paid for reorganization items   1,782 68,965   0
Noncash investing and financing activities:          
Assets acquired through right-of-use arrangements   3,373 11,444   22,768
Waiver and consent fee payable added to outstanding balance of Senior Secured Term Loan   0 0   1,000
Promissory note issued for assets acquisition   0 0   2,371
Common stock issued for the Business Combination   0 32,328   0
Common stock issued to settle liabilities subject to compromise   0 407,363   0
Issuance of July 2030 Notes for settlement of the DIP Facility   0 175,000   0
Conversion of DIP Facility into Super Senior Term Loan   0 6,000   0
Accrued capital expenditures   $ 105 $ 180   1,310
Financial Designation, Predecessor and Successor [Fixed List]   Successor Predecessor    
BR Exar AR Facility          
Cash flows from financing activities          
Proceeds from Facility   $ 17,000 $ 23,775   59,349
Repayments of Facility   (23,025) (23,397)   (52,262)
July 2030 notes          
Cash flows from financing activities          
Proceeds from Issuance of July 2030 Notes $ 3,500 3,520   $ 18,000  
Revolving Credit Facility          
Cash flows from financing activities          
Proceeds from Facility   0 18,000   0
ABL Facility          
Cash flows from financing activities          
Proceeds from Facility   46,900 58,903   0
Repayments of Facility   $ (28,800) $ 0   $ 0