Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity (Deficit)
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated  Other Comprehensive Income (Loss)
Noncontrolling Interests
Common stock, beginning balance (in shares) at Dec. 31, 2023     65,546,174          
Beginning balance at Dec. 31, 2023 $ (43,281) $ (43,509) $ 7 $ (951) $ 188,323 $ (233,791) $ 2,903 $ 228
Treasury stock, beginning balance (in shares) at Dec. 31, 2023       353,470        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation expense 4,453 4,453     4,453      
Common stock issued for share-based awards (in shares)     434,523          
Common stock issued for share-based awards 530 530     530      
Shares repurchased for settlement of employee tax withholdings on share-based awards (in shares)       19,950        
Shares repurchased for settlement of employee tax withholdings on share-based awards (56) (56)   $ (56)        
Convertible preferred stock paid-in-kind dividend (12,590) (12,590)     (12,590)      
Sale of join ventures (389) (164)         (164) (225)
Foreign currency translation, net of tax (750) (743)         (743) (7)
Net income (loss) (26,183) (26,187)       (26,187)   4
Common stock, ending balance (in shares) at Jun. 30, 2024     65,980,697          
Ending balance at Jun. 30, 2024 (78,266) (78,266) $ 7 $ (1,007) 180,716 (259,978) 1,996 0
Treasury stock, ending balance (in shares) at Jun. 30, 2024       373,420        
Common stock, beginning balance (in shares) at Mar. 31, 2024     65,578,724          
Beginning balance at Mar. 31, 2024 (49,570) (49,792) $ 7 $ (1,007) 190,858 (241,886) 2,236 222
Treasury stock, beginning balance (in shares) at Mar. 31, 2024       373,420        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation expense 1,918 1,918     1,918      
Common stock issued for share-based awards (in shares)     401,973          
Common stock issued for share-based awards 530 530     530      
Convertible preferred stock paid-in-kind dividend (12,590) (12,590)     (12,590)      
Sale of join ventures (389) (164)         (164) (225)
Foreign currency translation, net of tax (78) (76)         (76) (2)
Net income (loss) (18,087) (18,092)       (18,092)   5
Common stock, ending balance (in shares) at Jun. 30, 2024     65,980,697          
Ending balance at Jun. 30, 2024 $ (78,266) (78,266) $ 7 $ (1,007) 180,716 (259,978) 1,996 $ 0
Treasury stock, ending balance (in shares) at Jun. 30, 2024       373,420        
Common stock, beginning balance (in shares) at Dec. 31, 2024 67,002,370   67,002,370          
Beginning balance at Dec. 31, 2024 $ (188,714)   $ 7 $ (3,573) 161,619 (348,106) 1,339  
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 728,739     728,739        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation expense $ 35,598       35,598      
Common stock issued in offering (in shares)     15,525,000          
Common stock issued in offering 245,040   $ 1   245,039      
Common stock issued in connection with Edge Acquisition (in shares)     49,764,847          
Common stock issued in connection with Edge Acquisition 862,561   $ 5   862,556      
Common stock issued for share-based awards (in shares)     217,913          
Common stock issued for share-based awards 827       827      
Common issued for warrants exercised (in shares)     9,499,138          
Common stock issued for warrants exercised 117,780   $ 1   117,779      
Shares repurchased for settlement of employee tax withholdings on share-based awards (in shares)       556        
Shares repurchased for settlement of employee tax withholdings on share-based awards   (8)   $ (8)        
Convertible preferred stock paid-in-kind dividend (33,285)       (33,285)      
Convertible preferred stock converted to common stock (in shares)     566,424          
Convertible preferred stock converted to common stock 2,071       2,071      
Convertible preferred stock repurchased (45,360)         (45,360)    
Foreign currency translation, net of tax 11,009           11,009  
Net income (loss) $ (99,927)         (99,927)    
Common stock, ending balance (in shares) at Jun. 30, 2025 142,575,692   142,575,692          
Ending balance at Jun. 30, 2025 $ 907,592   $ 14 $ (3,581) 1,392,204 (493,393) 12,348  
Treasury stock, ending balance (in shares) at Jun. 30, 2025 729,295     729,295        
Common stock, beginning balance (in shares) at Mar. 31, 2025     77,082,332          
Beginning balance at Mar. 31, 2025 $ (68,064)   $ 8 $ (3,573) 284,381 (351,054) 2,174  
Treasury stock, beginning balance (in shares) at Mar. 31, 2025       728,739        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation expense 32,686       32,686      
Common stock issued in offering (in shares)     15,525,000          
Common stock issued in offering 245,040   $ 1   245,039      
Common stock issued in connection with Edge Acquisition (in shares)     49,764,847          
Common stock issued in connection with Edge Acquisition 862,561   $ 5   862,556      
Common stock issued for share-based awards (in shares)     203,513          
Common stock issued for share-based awards 827       827      
Shares repurchased for settlement of employee tax withholdings on share-based awards (in shares)       556        
Shares repurchased for settlement of employee tax withholdings on share-based awards   $ (8)   $ (8)        
Convertible preferred stock paid-in-kind dividend (33,285)       (33,285)      
Convertible preferred stock repurchased (45,360)         (45,360)    
Foreign currency translation, net of tax 10,174           10,174  
Net income (loss) $ (96,979)         (96,979)    
Common stock, ending balance (in shares) at Jun. 30, 2025 142,575,692   142,575,692          
Ending balance at Jun. 30, 2025 $ 907,592   $ 14 $ (3,581) $ 1,392,204 $ (493,393) $ 12,348  
Treasury stock, ending balance (in shares) at Jun. 30, 2025 729,295     729,295