XML 15 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accum. Other Comp. Loss
Accum. Deficit
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2023   83,364,000        
Beginning balance at Dec. 31, 2023 $ (148,051) $ 83 $ 860,816 $ (2,221) $ (1,000,752) $ (5,977)
Treasury stock, beginning balance (in shares) at Dec. 31, 2023           (3,132,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Conversion of redeemable preferred stock (shares)   92,931,000        
Conversion of redeemable preferred stock 311,253 $ 93 357,174   (46,014)  
Issuance of restricted stock, net of shares withheld for taxes, and other (in shares)   1,733,000        
Issuance of restricted stock, net of shares withheld for taxes, and other (18) $ 2 (20)      
Exercise of stock options (in shares)   47,000        
Exercise of stock options 72   72      
Stock-based compensation expense 11,611   11,611      
Repurchase of common stock (in shares)           (4,119,000)
Repurchase of common stock (11,051)         $ (11,051)
Common stock relinquished in litigation settlement 1,009   1,009      
Merger consideration (in shares) [1]   209,577,000        
Merger consideration [1] 444,219 $ 209 444,010      
Net loss (32,157)       (32,157)  
Other comprehensive income (loss), net of tax 429     429    
Ending balance (in shares) at Mar. 31, 2024   387,652,000        
Ending balance at Mar. 31, 2024 577,316 $ 387 1,674,672 (1,792) (1,078,923) $ (17,028)
Treasury stock, ending balance (in shares) at Mar. 31, 2024           (7,251,000)
Beginning balance (in shares) at Dec. 31, 2023   83,364,000        
Beginning balance at Dec. 31, 2023 (148,051) $ 83 860,816 (2,221) (1,000,752) $ (5,977)
Treasury stock, beginning balance (in shares) at Dec. 31, 2023           (3,132,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (77,875)          
Other comprehensive income (loss), net of tax 721          
Ending balance (in shares) at Jun. 30, 2024   389,703,000        
Ending balance at Jun. 30, 2024 510,261 $ 389 1,682,480 (1,500) (1,124,641) $ (46,467)
Treasury stock, ending balance (in shares) at Jun. 30, 2024           (18,580,000)
Beginning balance (in shares) at Mar. 31, 2024   387,652,000        
Beginning balance at Mar. 31, 2024 577,316 $ 387 1,674,672 (1,792) (1,078,923) $ (17,028)
Treasury stock, beginning balance (in shares) at Mar. 31, 2024           (7,251,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of restricted stock, net of shares withheld for taxes, and other (in shares)   1,384,000        
Issuance of restricted stock, net of shares withheld for taxes, and other (326) $ 1 (327)      
Issuance of common stock under ESPP (in shares)   202,000        
Issuance of common stock under ESPP 425   425      
Exercise of stock options (in shares)   465,000        
Exercise of stock options 981 $ 1 980      
Stock-based compensation expense 6,730   6,730      
Repurchase of common stock (in shares)           (11,329,000)
Repurchase of common stock (29,439)         $ (29,439)
Net loss (45,718)       (45,718)  
Other comprehensive income (loss), net of tax 292     292    
Ending balance (in shares) at Jun. 30, 2024   389,703,000        
Ending balance at Jun. 30, 2024 $ 510,261 $ 389 1,682,480 (1,500) (1,124,641) $ (46,467)
Treasury stock, ending balance (in shares) at Jun. 30, 2024           (18,580,000)
Beginning balance (in shares) at Dec. 31, 2024 377,530,000 396,110,000        
Beginning balance at Dec. 31, 2024 $ 471,722 $ 396 1,702,219 1,225 (1,185,651) $ (46,467)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 18,580,000         (18,580,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of restricted stock, net of shares withheld for taxes, and other (in shares)   1,557,000        
Issuance of restricted stock, net of shares withheld for taxes, and other $ (47) $ 1 (48)      
Stock-based compensation expense 9,009   9,009      
Net loss (26,033)       (26,033)  
Other comprehensive income (loss), net of tax (56)     (56)    
Ending balance (in shares) at Mar. 31, 2025   397,667,000        
Ending balance at Mar. 31, 2025 $ 454,595 $ 397 1,711,180 1,169 (1,211,684) $ (46,467)
Treasury stock, ending balance (in shares) at Mar. 31, 2025           (18,580,000)
Beginning balance (in shares) at Dec. 31, 2024 377,530,000 396,110,000        
Beginning balance at Dec. 31, 2024 $ 471,722 $ 396 1,702,219 1,225 (1,185,651) $ (46,467)
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 18,580,000         (18,580,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Exercise of stock options (in shares) 0          
Net loss $ (59,492)          
Other comprehensive income (loss), net of tax $ (3,153)          
Ending balance (in shares) at Jun. 30, 2025 381,691,000 400,273,000        
Ending balance at Jun. 30, 2025 $ 424,535 $ 400 1,717,673 (1,928) (1,245,143) $ (46,467)
Treasury stock, ending balance (in shares) at Jun. 30, 2025 18,580,000         (18,580,000)
Beginning balance (in shares) at Mar. 31, 2025   397,667,000        
Beginning balance at Mar. 31, 2025 $ 454,595 $ 397 1,711,180 1,169 (1,211,684) $ (46,467)
Treasury stock, beginning balance (in shares) at Mar. 31, 2025           (18,580,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of restricted stock, net of shares withheld for taxes, and other (in shares)   2,247,000        
Issuance of restricted stock, net of shares withheld for taxes, and other (199) $ 2 (201)      
Issuance of common stock under ESPP (in shares)   359,000        
Issuance of common stock under ESPP 308 $ 1 307      
Stock-based compensation expense 6,387   6,387      
Net loss (33,459)       (33,459)  
Other comprehensive income (loss), net of tax $ (3,097)     (3,097)    
Ending balance (in shares) at Jun. 30, 2025 381,691,000 400,273,000        
Ending balance at Jun. 30, 2025 $ 424,535 $ 400 $ 1,717,673 $ (1,928) $ (1,245,143) $ (46,467)
Treasury stock, ending balance (in shares) at Jun. 30, 2025 18,580,000         (18,580,000)
[1] Merger consideration included 26,367 shares of common stock that were issued to a related party. See Note 14, Related Parties.