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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 41.1 $ 42.0
Restricted cash 1.2 1.3
Accounts receivable, net 42.5 43.9
Inventory 15.8 18.5
Prepaid expenses and other current assets 37.9 46.8
Corporate tax and other current taxes receivable 7.5 5.5
Total current assets 146.0 158.0
Property and equipment, net 58.1 60.5
Software development costs, net 22.8 22.7
Other acquired intangible assets subject to amortization, net 13.1 14.0
Goodwill 60.8 62.1
Finance lease right of use asset 20.0 21.7
Operating lease right of use asset 7.4 7.8
Costs of obtaining and fulfilling customer contracts, net 12.1 12.1
Deferred tax 64.2 65.3
Other assets 16.7 15.7
Total assets 421.2 439.9
Current liabilities:    
Accounts payable and accrued expenses 44.0 42.7
Corporate tax and other current taxes payable 7.2 9.1
Deferred revenue, current 8.3 7.1
Operating lease liabilities 2.6 2.9
Current portion of finance lease liabilities 4.2 4.3
Other current liabilities 4.0 4.7
Total current liabilities 70.3 70.8
Long-term debt 326.3 345.2
Finance lease liabilities, net of current portion 12.6 13.8
Deferred revenue, net of current portion 17.3 19.1
Operating lease liabilities 5.9 6.1
Other long-term liabilities 1.2 1.1
Total liabilities 433.6 456.1
Commitments and contingencies
Stockholders’ deficit    
Preferred stock; $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively.
Common stock; $0.0001 par value; 49,000,000 shares authorized; 26,672,343 shares and 26,873,509 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Additional paid in capital 396.2 394.9
Accumulated other comprehensive income 53.4 47.8
Accumulated deficit (462.0) (458.9)
Total stockholders’ deficit (12.4) (16.2)
Total liabilities and stockholders’ deficit $ 421.2 $ 439.9