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Other (expense) / income, net (Tables)
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Summary of amounts recorded in Other (expense) / income, net

A summary of the amounts recorded in Other (expense) / income, net is as follows:

 

 

For the year ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Foreign exchange (loss) / gain

 

$

(9,758

)

 

$

11,316

 

 

$

(7,434

)

Fair value gain / (loss) on contingent consideration

 

 

508

 

 

 

(329

)

 

 

(948

)

Fair value gain on warrant liability (1)

 

 

1,401

 

 

 

22

 

 

 

1,671

 

(Loss) / gain on derivative instruments (2)

 

 

(1,294

)

 

 

3,994

 

 

 

3,314

 

Gain on debt repurchases

 

 

—

 

 

 

1,696

 

 

 

10,758

 

Other (3)

 

 

1,580

 

 

 

4,776

 

 

 

5,720

 

Other (expense) / income, net

 

$

(7,563

)

 

$

21,475

 

 

$

13,081

 

 

(1)
The Company accounts for warrants as derivative liabilities. The warrants were initially recorded at fair value based on the public warrants listed trading price and are subsequently remeasured at the balance sheet date with the changes in fair value recognized in the Consolidated Statements of Comprehensive (Loss) / Income (Note 1).
(2)
Gain on derivative instruments includes the non-cash fair value gain /loss on the instruments and the cash payments and receipts on derivatives.
(3)
Mainly relates to finance income, offset by certain banking fees.