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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 44,306 $ 46,759
Restricted cash included in funds held by trustee 5,360 5,315
Accounts receivable, net of expected credit losses of $1,383 as of March 31, 2026 and $1,259 as of December 31, 2025 27,791 24,494
Deferred costs of fulfillment, current portion 101,408 97,151
Prepaid expenses and other 21,177 29,375
Total current assets 200,042 203,094
Deferred costs of fulfillment, long-term portion 16,368 15,883
Restricted cash included in secured notes reserve funds 12,272 12,171
Property and equipment, net 275,543 281,955
Right of use lease asset 70,578 63,315
Intangible assets 19,479 19,703
Goodwill 130,410 130,410
Other assets 4,550 4,378
Total assets 729,242 730,909
Current liabilities:    
Accounts payable and accrued liabilities 33,083 35,272
Derivative instrument liability 251 75
Operating lease liability, current portion 6,382 5,771
Contract liabilities, current portion 135,786 131,581
Redeemable preferred units - no par value, 33,333,333 units authorized; 15,243,600 units issued and outstanding as of March 31, 2026 and December 31, 2025 142,024 136,963
Other current liabilities 19,577 20,765
Total current liabilities 337,103 330,427
Contract liabilities, long-term portion 22,008 21,354
Operating lease liability, long-term portion 64,848 57,823
Syndicated revolver 189,645 189,531
Notes payable 292,639 291,646
Other long-term liability 1,366 1,366
Deferred tax liability 2,961 2,962
Stockholders' deficit    
Common stock - no par value, 250,000,000 shares authorized; 11,134,174 and 11,111,453 shares issued and outstanding as of March 31, 2026 and December 31, 2025 38,788 38,308
Additional paid-in capital 24,158 23,526
Accumulated deficit (244,084) (225,977)
Accumulated other comprehensive loss (190) (57)
Total stockholders' deficit (181,328) (164,200)
Total liabilities and stockholders' deficit $ 729,242 $ 730,909