XML 17 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Changes in Temporary Equity and Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class V Common Stock
Total Stockholders' Equity
Series A Convertible Preferred Stock
Series A Convertible Preferred Stock
Common stocks
Class A Common Stock
Common stocks
Class V Common Stock
Additional Paid in Capital
Accumulated Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest
Temporary equity, beginning balance (in shares) at Dec. 31, 2024         8,484,000            
Temporary equity, beginning balance at Dec. 31, 2024         $ 84,663            
Temporary Equity                      
Accretion of Series A Convertible Preferred Stock         $ 1,875            
Temporary equity, ending balance (in shares) at Mar. 31, 2025         8,484,000            
Temporary equity, ending balance at Mar. 31, 2025         $ 86,538            
Beginning balance (in shares) at Dec. 31, 2024           90,032,000 251,034,000        
Beginning balance at Dec. 31, 2024 $ 523,506     $ 150,322   $ 9 $ 25 $ 603,780 $ (451,978) $ (1,514) $ 373,184
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss 27,293 $ 27,293   8,371         8,371   18,922
Accretion of Series A Convertible Preferred Stock (1,875)     (1,875)       (1,875)      
Other comprehensive income (loss) 4,061     1,059           1,059 3,002
Issuance of shares under employee plans, net of shares withheld for employee taxes (in shares)           9,000          
Issuance of shares under employee plans, net of shares withheld for employee taxes (44)     (44)       (44)      
Share-based compensation 4,392     4,392       4,392      
Exchange of THG units for Class A Common Stock (in shares)           24,000          
Exchange of THG units for Class A Common Stock 0     234       234     (234)
Distributions paid to non-controlling interest unit holders (24,676)                   (24,676)
Reallocation between controlling and non-controlling interest 0     485       485     (485)
Ending balance (in shares) at Mar. 31, 2025           90,065,000 251,034,000        
Ending balance at Mar. 31, 2025 $ 532,657     162,944   $ 9 $ 25 606,972 (443,607) (455) 369,713
Temporary equity, beginning balance (in shares) at Dec. 31, 2025 8,483,561       8,484,000            
Temporary equity, beginning balance at Dec. 31, 2025 $ 86,618       $ 86,618            
Temporary Equity                      
Accretion of Series A Convertible Preferred Stock         $ 2,030            
Temporary equity, ending balance (in shares) at Mar. 31, 2026 8,483,561       8,484,000            
Temporary equity, ending balance at Mar. 31, 2026 $ 88,648       $ 88,648            
Beginning balance (in shares) at Dec. 31, 2025   100,706,893 241,552,156     100,707,000 241,552,000        
Beginning balance at Dec. 31, 2025 660,408     221,316   $ 10 $ 24 623,013 (402,960) 1,229 439,092
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss (12,745) $ (12,745)   (4,491)         (4,491)   (8,254)
Accretion of Series A Convertible Preferred Stock (2,030)     (2,030)       (2,030)      
Other comprehensive income (loss) (4,435)     (1,295)           (1,295) (3,140)
Issuance of shares under employee plans, net of shares withheld for employee taxes (in shares)           8,000          
Issuance of shares under employee plans, net of shares withheld for employee taxes (61)     (61)       (61)      
Share-based compensation 4,617     4,617       4,617      
Exchange of THG units for Class A Common Stock (in shares)           370,000          
Exchange of THG units for Class A Common Stock 0     698       698     (698)
Distributions paid to non-controlling interest unit holders (359)                   (359)
Reallocation between controlling and non-controlling interest 0     (71)       (71)     71
Ending balance (in shares) at Mar. 31, 2026   101,085,283 241,552,156     101,085,000 241,552,000        
Ending balance at Mar. 31, 2026 $ 645,395     $ 218,683   $ 10 $ 24 $ 626,166 $ (407,451) $ (66) $ 426,712