v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 72,142 $ 75,975
Cost of revenue    
Total cost of revenue (exclusive of depreciation and amortization shown separately below) 33,022 34,213
Operating expenses    
Depreciation and amortization 13,911 13,606
Total operating expenses 41,576 49,143
Operating loss (2,456) (7,381)
Other expense (income)    
Interest income (144) (300)
Change in fair value of warrant liabilities to affiliates (1,804) (2,321)
Other expense, net 314 307
Loss before income taxes (13,799) (18,007)
Income tax expense (benefit) 1,109 (420)
Net loss $ (14,908) $ (17,587)
Loss per share:    
Basic (in dollars per share) $ (0.77) $ (0.93)
Diluted (in dollars per share) $ (0.77) $ (0.93)
Weighted average shares outstanding:    
Basic (in shares) 19,433,080 18,992,075
Diluted (in shares) 19,433,080 18,992,075
Comprehensive loss    
Net loss $ (14,908) $ (17,587)
Other comprehensive loss:    
Foreign currency translation adjustment (944) 240
Comprehensive loss (15,852) (17,347)
Nonrelated Party    
Operating expenses    
Selling, general, and administrative expenses 27,665 35,367
Other expense (income)    
Interest expense, including amortization of deferred financing costs 7,314 7,753
Affiliate    
Operating expenses    
Selling, general, and administrative expenses 0 170
Other expense (income)    
Interest expense, including amortization of deferred financing costs 5,663 5,187
Services    
Revenue    
Total revenue 55,431 59,640
Cost of revenue    
Total cost of revenue (exclusive of depreciation and amortization shown separately below) 23,326 23,946
Products    
Revenue    
Total revenue 16,711 16,335
Cost of revenue    
Total cost of revenue (exclusive of depreciation and amortization shown separately below) $ 9,696 $ 10,267

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