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Consolidated Statement of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interest
Class A Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Class B Common Stock
Common Stock
Beginning balance (in shares) at Dec. 31, 2023               1,449,000   826,000
Beginning balance at Dec. 31, 2023 $ 372,263 $ 357,474 $ (115,458) $ (230) $ (526) $ 131,001   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (6,484)   (3,402)     (3,082)        
Equity-based compensation, net of income tax expense (benefit) 1,109 1,109                
Other comprehensive income (loss) (43)     (43)            
Tax distributions to non-controlling interests (4,284)         (4,284)        
Surrender of stock to settle taxes on equity awards (122)       (122)          
Vested equity-based compensation and re-allocation of ownership percentage (in shares)               5,000   1,000
Vested equity-based compensation and re-allocation of ownership percentage 0 (349)       349        
Ending balance (in shares) at Mar. 31, 2024               1,454,000   827,000
Ending balance at Mar. 31, 2024 362,439 358,234 (118,860) (273) (648) 123,984   $ 1   $ 1
Beginning balance (in shares) at Dec. 31, 2023               1,449,000   826,000
Beginning balance at Dec. 31, 2023 372,263 357,474 (115,458) (230) (526) 131,001   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (10,521)                  
Ending balance (in shares) at Jun. 30, 2024               1,462,000   827,000
Ending balance at Jun. 30, 2024 359,747 359,684 (121,971) (306) (679) 123,017   $ 1   $ 1
Beginning balance (in shares) at Mar. 31, 2024               1,454,000   827,000
Beginning balance at Mar. 31, 2024 362,439 358,234 (118,860) (273) (648) 123,984   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (4,037)   (3,111)     (926)        
Equity-based compensation, net of income tax expense (benefit) 1,230 1,230       0        
Other comprehensive income (loss) (33)     (33)   0        
Employee stock purchase plan (in shares)               1,000    
Employee stock purchase plan 179 179                
Surrender of stock to settle taxes on equity awards (31) 0     (31)          
Vested equity-based compensation and re-allocation of ownership percentage (in shares)               7,000   0
Vested equity-based compensation and re-allocation of ownership percentage 0 41       (41)       $ 0
Ending balance (in shares) at Jun. 30, 2024               1,462,000   827,000
Ending balance at Jun. 30, 2024 359,747 359,684 (121,971) (306) (679) 123,017   $ 1   $ 1
Beginning balance (in shares) at Dec. 31, 2024             1,470,000 1,470,000 827,326 827,000
Beginning balance at Dec. 31, 2024 193,357 363,691 (228,814) (434) (733) 59,645   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (18,577)   (12,192)     (6,385)        
Equity-based compensation, net of income tax expense (benefit) (in shares)               10,000    
Equity-based compensation, net of income tax expense (benefit) 55 368       (313)        
Surrender of stock to settle taxes on equity awards (213)       (213)          
Vested equity-based compensation and re-allocation of ownership percentage 0 (9)       9        
Ending balance (in shares) at Mar. 31, 2025               1,480,000   827,000
Ending balance at Mar. 31, 2025 174,622 364,050 (241,006) (434) (946) 52,956   $ 1   $ 1
Beginning balance (in shares) at Dec. 31, 2024             1,470,000 1,470,000 827,326 827,000
Beginning balance at Dec. 31, 2024 193,357 363,691 (228,814) (434) (733) 59,645   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (39,344)                  
Ending balance (in shares) at Jun. 30, 2025             1,622,675 1,623,000 827,326 827,000
Ending balance at Jun. 30, 2025 155,860 368,686 (254,303) (253) (949) 42,676   $ 2   $ 1
Beginning balance (in shares) at Mar. 31, 2025               1,480,000   827,000
Beginning balance at Mar. 31, 2025 174,622 364,050 (241,006) (434) (946) 52,956   $ 1   $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (20,767)   (13,468)     (7,299)        
Equity-based compensation, net of income tax expense (benefit) 907 582       325        
Other comprehensive income (loss) 181     181            
Surrender of stock to settle taxes on equity awards (3)       (3)          
Issuance of Class A common stock in lieu of cash lender consent fee (shares)               122,000    
Issuance of Class A common stock in lieu of cash lender consent fee 750 750                
Other 169 (2) 171     0        
Vested equity-based compensation and re-allocation of ownership percentage (in shares) [1]               21,000    
Vested equity-based compensation and re-allocation of ownership percentage [1] 0 3,306       (3,306)        
Ending balance (in shares) at Jun. 30, 2025             1,622,675 1,623,000 827,326 827,000
Ending balance at Jun. 30, 2025 $ 155,860 $ 368,686 $ (254,303) $ (253) $ (949) $ 42,676   $ 2   $ 1
[1] Reflects the re-allocation of equity from the non-controlling interest to the Company in relation to the share issuance to a certain lender in lieu of a cash consent fee, in connection with the refinancing activity described in Note 11, Debt, Net.