v3.25.1
Quarterly Results (unaudited) - Summary of Selected Unaudited Combined Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 02, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:                              
Net loss       $ (19,509)       $ 34,999 $ (59,712) $ (58,129) $ (77,142) $ (77,187) $ (116,863) $ (57,777) $ (4,285)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                              
Amortization       10,938       10,443 22,275 20,920 33,441 31,485 48,610 42,203 21,545
Impairment of goodwill             $ 139,645     139,645   139,645 66,235 139,645 0
Release of provision for bad debt       357         609   650        
Deferred tax provision       (8,238)       (6,238) (7,350) (13,004) (12,392) (17,072) (16,306) (13,500) (21,115)
Remeasurement of contingent consideration   $ (1,900) $ 2,100 2,064 $ (27,244) $ 5,800 (53,300) (49,200) 4,164 (102,500) 2,264 (96,700) (22,436) (123,944) 8,000
Net foreign exchange (gain)/loss       (54)       354 (79) 922 793 588 (5,235) 1,059 28
Changes in operating assets and liabilities:                              
Accounts receivable       (3,644)       8,435 (2,167) 2,653 3,096 3,936 (2,817) 7,533 209
Prepaid expenses and other current and non-current assets       (615)         (523)   (3,466)   (6,576) 2,296 (3,560)
Related party trade receivables                 (429)   (1,139)   336 (2,248) (148)
Accrued expenses and other current liabilities       (2,955)         (691)   (273)   4,760 (1,215) (6,728)
Accounts payable                         (2,648) (3,334) 2,652
Income taxes payable       361       2,016 223 2,057 1,479 2,834 7,949 3,122 1,767
Contract liabilities       9,950         16,797   14,678   1,529 (8,366) (3,464)
Other liabilities       122       261 515 637 570 194 (1,400) 219 2,671
Related party payables                       18,177 (29,001) 0 29,575
Net cash provided by (used in) operating activities $ 64,900     (1,753)       3,941 (31,067) 18,769 (35,647) 4,913 (64,854) (12,505) 28,060
Financing activities:                              
Cash pool arrangements with Parent       6,456       (7,698) 17,506 (15,549) 27,338 (1,493) 23,950 43,749 (9,949)
Net transfers (to) from parent       (4,055)         18,687   27,866   38,302 29,679 136,114
Net cash provided by financing activities       2,401       (3,522) 32,213 (16,555) 51,011 53,489 $ 409,633 73,428 330,315
As Reported [Member]                              
Operating activities:                              
Net loss       (20,481)       76,482 (55,316) (50,854) (70,973) (60,861)   (52,280) 3,318
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                              
Amortization       8,064       7,543 16,528 15,119 24,817 22,827   30,774 15,838
Impairment of goodwill             130,132     130,132   130,132   130,132  
Release of provision for bad debt       814         1,066   1,107        
Deferred tax provision       (2,955)       (5,122) (2,860) (6,219) (6,542) (7,079)   (5,777) (15,138)
Remeasurement of contingent consideration   (300) 1,400 1,263 (11,743) (2,400) (12,100) (86,410) 2,663 (98,510) 2,363 (100,910)   (112,653) 4,537
Net foreign exchange (gain)/loss       0       0 0 0 0 0   0 0
Changes in operating assets and liabilities:                              
Accounts receivable       (4,791)       8,214 (3,356) 2,311 1,994 3,305   8,211 421
Prepaid expenses and other current and non-current assets       191         (621)   (3,564)       (2,656)
Related party trade receivables                 475   (235)       (1,052)
Accrued expenses and other current liabilities       (3,385)         (1,281)   (730)     (1,350) (14,415)
Income taxes payable       0       0 0 0 0 0   0 0
Contract liabilities       10,498         17,380   15,294        
Other liabilities       (241)       21 (218) 153 (329) (568)   (625) 118
Related party payables                       18,073   (104)  
Net cash provided by (used in) operating activities       (1,553)       3,599 (30,239) 17,700 (35,004) 3,932   (14,036) 28,012
Financing activities:                              
Cash pool arrangements with Parent       5,741       (7,356) 16,742 (14,480) 27,402 (512)   45,333 (9,813)
Net transfers (to) from parent       (3,540)         18,623   27,159     29,626 136,026
Net cash provided by financing activities       2,201       (3,180) 31,385 (15,486) 50,368 54,470   74,959 333,123
Adjustment [Member]                              
Operating activities:                              
Net loss       972       (41,483) (4,396) (7,275) (6,169) (16,326)   (5,497) (7,603)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                              
Amortization       2,874       2,900 5,747 5,801 8,624 8,658   11,429 5,707
Impairment of goodwill             9,513     9,513   9,513   9,513  
Release of provision for bad debt       (457)         (457)   (457)        
Deferred tax provision       (5,283)       (1,116) (4,490) (6,785) (5,850) (9,993)   (7,723) (5,977)
Remeasurement of contingent consideration   $ (1,600) $ 700 801 $ (15,501) $ 8,200 $ (41,200) 37,210 1,501 (3,990) (99) 4,210   (11,291) 3,463
Net foreign exchange (gain)/loss       (54)       354 (79) 922 793 588   1,059 28
Changes in operating assets and liabilities:                              
Accounts receivable       1,147       221 1,189 342 1,102 631   (678) (212)
Prepaid expenses and other current and non-current assets       (806)         98   98       (904)
Related party trade receivables                 (904)   (904)       904
Accrued expenses and other current liabilities       430         590   457     135 7,687
Income taxes payable       361       2,016 223 2,057 1,479 2,834   3,122 1,767
Contract liabilities       (548)         (583)   (616)        
Other liabilities       363       240 733 484 899 762   844 2,553
Related party payables                       104   104  
Net cash provided by (used in) operating activities       (200)       342 (828) 1,069 (643) 981   1,531 48
Financing activities:                              
Cash pool arrangements with Parent       715       (342) 764 (1,069) (64) (981)   (1,584) (136)
Net transfers (to) from parent       (515)         64   707     53 88
Net cash provided by financing activities       $ 200       $ (342) $ 828 $ (1,069) $ 643 $ (981)   $ (1,531) $ (2,808)