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Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock
Class C Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total
Balance, Beginning at Dec. 31, 2023 $ 26,275 $ 49 $ 1,131,183 $ (642,419) $ (26,065) $ 489,023
Balance, Beginning (in shares) at Dec. 31, 2023 200,000 48,971,026        
Net income (loss)       (96,884)   (96,884)
Other comprehensive income (loss), net of taxes         (3,124) (3,124)
Stock-based compensation expense     10,453     $ 10,453
Paid-in-kind preferred stock dividend $ 4,000   (4,000)      
Repurchase of common stock (in shares)           0
Vesting of restricted stock units (in shares)   324,754        
Proceeds from exercise of stock options     627     $ 627
Proceeds from exercise of stock options (in shares)   116,514        
Balance, Ending at Jun. 30, 2024 $ 30,275 $ 49 1,138,263 (739,303) (29,189) 400,095
Balance, Ending (in shares) at Jun. 30, 2024 200,000 49,412,294        
Balance, Beginning at Mar. 31, 2024 $ 28,275 $ 49 1,135,257 (661,314) (30,077) 472,190
Balance, Beginning (in shares) at Mar. 31, 2024 200,000 49,256,794        
Net income (loss)       (77,989)   (77,989)
Other comprehensive income (loss), net of taxes         888 888
Stock-based compensation expense     4,997     4,997
Paid-in-kind preferred stock dividend $ 2,000   (2,000)      
Vesting of restricted stock units (in shares)   154,850        
Proceeds from exercise of stock options     9     9
Proceeds from exercise of stock options (in shares)   650        
Balance, Ending at Jun. 30, 2024 $ 30,275 $ 49 1,138,263 (739,303) (29,189) 400,095
Balance, Ending (in shares) at Jun. 30, 2024 200,000 49,412,294        
Balance, Beginning at Dec. 31, 2024 $ 34,275 $ 50 1,145,677 (757,175) (20,929) 401,898
Balance, Beginning (in shares) at Dec. 31, 2024 200,000 49,908,254        
Net income (loss)       93,199   93,199
Other comprehensive income (loss), net of taxes         15,530 15,530
Stock-based compensation expense     6,075     6,075
Paid-in-kind preferred stock dividend $ 4,000   (4,000)      
Repurchase of common stock   $ (1)   (4,259)   (4,260)
Repurchase of common stock (in shares)   (628,217)        
Vesting of restricted stock units (in shares)   371,571        
Proceeds from exercise of stock options   $ 1 2,948     $ 2,949
Proceeds from exercise of stock options (in shares)   626,951       626,951
Balance, Ending at Jun. 30, 2025 $ 38,275 $ 50 1,150,700 (668,235) (5,399) $ 515,391
Balance, Ending (in shares) at Jun. 30, 2025 200,000 50,278,559        
Balance, Beginning at Mar. 31, 2025 $ 36,275 $ 50 1,147,380 (769,156) (15,738) 398,811
Balance, Beginning (in shares) at Mar. 31, 2025 200,000 50,137,218        
Net income (loss)       105,180   105,180
Other comprehensive income (loss), net of taxes         10,339 10,339
Stock-based compensation expense     2,374     2,374
Paid-in-kind preferred stock dividend $ 2,000   (2,000)      
Repurchase of common stock   $ (1)   (4,259)   (4,260)
Repurchase of common stock (in shares)   (628,217)        
Vesting of restricted stock units (in shares)   143,494        
Proceeds from exercise of stock options   $ 1 2,946     2,947
Proceeds from exercise of stock options (in shares)   626,064        
Balance, Ending at Jun. 30, 2025 $ 38,275 $ 50 $ 1,150,700 $ (668,235) $ (5,399) $ 515,391
Balance, Ending (in shares) at Jun. 30, 2025 200,000 50,278,559