Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY

v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Class C Common Stock
Additional Paid-In Capital
Accumulated Deficit
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2023   65,637,806 146,484,989 0      
Beginning balance at Dec. 31, 2023 $ 46,508 $ 6 $ 15 $ 0 $ 133,728 $ (120,478) $ 33,237
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Equity-based compensation 1,952       612   1,340
Common Unit redemption (in shares)   1,405,124 (1,405,124)        
Common Unit redemption 0       (42)   42
Employee stock purchase plan (in shares)   63,832          
Employee stock purchase plan 251       251    
Vesting of stock awards, net of shares withheld for taxes (in shares)   28,235          
Vesting of stock awards, net of shares withheld for taxes (30)       (30)    
Net income (loss) 1,855         548 1,307
Ending balance (in shares) at Mar. 31, 2024   67,134,997 145,079,865 0      
Ending balance at Mar. 31, 2024 50,536 $ 6 $ 15 $ 0 134,519 (119,930) 35,926
Beginning balance (in shares) at Dec. 31, 2023   65,637,806 146,484,989 0      
Beginning balance at Dec. 31, 2023 46,508 $ 6 $ 15 $ 0 133,728 (120,478) 33,237
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 482            
Ending balance (in shares) at Jun. 30, 2024   69,955,628 142,568,263 0      
Ending balance at Jun. 30, 2024 52,154 $ 7 $ 14 $ 0 135,288 (120,412) 37,257
Beginning balance (in shares) at Mar. 31, 2024   67,134,997 145,079,865 0      
Beginning balance at Mar. 31, 2024 50,536 $ 6 $ 15 $ 0 134,519 (119,930) 35,926
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Equity-based compensation 3,305       1,078   2,227
Common Unit redemption (in shares)   2,511,602 (2,511,602)        
Common Unit redemption 0       4   (4)
Employee stock purchase plan (in shares)   1,898          
Employee stock purchase plan 7       7    
Vesting of stock awards, net of shares withheld for taxes (in shares)   304,585          
Vesting of stock awards, net of shares withheld for taxes (333) $ 1 $ (1)   (333)    
Exercised (in shares)   2,546          
Proceeds from exercise of stock options, net of taxes 13       13    
Net income (loss) (1,374)         (482) (892)
Ending balance (in shares) at Jun. 30, 2024   69,955,628 142,568,263 0      
Ending balance at Jun. 30, 2024 52,154 $ 7 $ 14 $ 0 135,288 (120,412) 37,257
Beginning balance (in shares) at Dec. 31, 2024   78,286,909 134,536,464 0      
Beginning balance at Dec. 31, 2024 49,496 $ 8 $ 13 $ 0 136,583 (123,430) 36,322
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Equity-based compensation 2,591       943   1,648
Employee stock purchase plan (in shares)   100,626          
Employee stock purchase plan 194       194    
Vesting of stock awards, net of shares withheld for taxes (in shares)   222,149          
Vesting of stock awards, net of shares withheld for taxes (250)       (250)    
Net income (loss) (7,846)         (2,888) (4,958)
Ending balance (in shares) at Mar. 31, 2025   78,609,684 134,536,464 0      
Ending balance at Mar. 31, 2025 44,185 $ 8 $ 13 $ 0 137,470 (126,318) 33,012
Beginning balance (in shares) at Dec. 31, 2024   78,286,909 134,536,464 0      
Beginning balance at Dec. 31, 2024 49,496 $ 8 $ 13 $ 0 136,583 (123,430) 36,322
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (22,357)            
Ending balance (in shares) at Jun. 30, 2025   81,355,356 134,426,861 0      
Ending balance at Jun. 30, 2025 35,650 $ 8 $ 13 $ 0 141,727 (131,647) 25,549
Beginning balance (in shares) at Mar. 31, 2025   78,609,684 134,536,464 0      
Beginning balance at Mar. 31, 2025 44,185 $ 8 $ 13 $ 0 137,470 (126,318) 33,012
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Equity-based compensation 2,740       1,000   1,740
Common Unit redemption (in shares)   109,603 (109,603)        
Common Unit redemption 0       20   (20)
Shares issued upon settlement agreement (in shares)   2,300,100          
Shares issued upon settlement agreement 3,367       3,367    
Vesting of stock awards, net of shares withheld for taxes (in shares)   335,969          
Vesting of stock awards, net of shares withheld for taxes (130)       (130)    
Net income (loss) (14,512)         (5,329) (9,183)
Ending balance (in shares) at Jun. 30, 2025   81,355,356 134,426,861 0      
Ending balance at Jun. 30, 2025 $ 35,650 $ 8 $ 13 $ 0 $ 141,727 $ (131,647) $ 25,549