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Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On September 30, 2025, the Board appointed Mr. John North to serve as the Company’s chief financial officer, effective October 1, 2025. On October 1, 2025, the Compensation Committee granted certain time-based RSUs to and approved certain KPI and market condition arrangements with Mr. North.
On October 24, 2025, the Special Committee of the Board received a non-binding, unsolicited take-private proposal from shareholders G. Raymond Zage, III and James Fu Bin Lu, who beneficially own, together with their affiliated entities, more than 60.0% of the outstanding shares of the Company’s common stock, to acquire all of the outstanding shares of the Company for $18.00 per share in cash. The Board has formed a Special Committee comprised of disinterested and independent directors in response to interest expressed by the proposing shareholders in exploring a possible transaction.
On November 5, 2025, James Fu Bin Lu notified the Company of his resignation, effective immediately, from the Board.