v3.25.3
Condensed Consolidated Statements of Equity (unaudited) - USD ($)
$ in Thousands
Common stock
AOCI
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interest
Total
Beginning balance at Dec. 31, 2023 $ 5 $ (1,460) $ 270,330 $ (19,253) $ 10,942 $ 260,564
Beginning balance (shares) at Dec. 31, 2023 47,891,984          
Issuance of shares - RSUs, net of tax     (206)     (206)
Issuance of shares - RSUs, net of tax (in shares) 133,704          
Share-based compensation     677     677
Net income (loss)       (406) 931 525
Other comprehensive income (loss)   (372)     (209) (581)
Ending balance at Mar. 31, 2024 $ 5 (1,832) 270,801 (19,659) 11,664 260,979
Ending balance (shares) at Mar. 31, 2024 48,025,688          
Beginning balance at Dec. 31, 2023 $ 5 (1,460) 270,330 (19,253) 10,942 260,564
Beginning balance (shares) at Dec. 31, 2023 47,891,984          
Net income (loss)           (102,959)
Ending balance at Sep. 30, 2024 $ 5 (2,276) 271,798 (120,463) 8,970 158,034
Ending balance (shares) at Sep. 30, 2024 48,105,512          
Beginning balance at Mar. 31, 2024 $ 5 (1,832) 270,801 (19,659) 11,664 260,979
Beginning balance (shares) at Mar. 31, 2024 48,025,688          
Issuance of shares - RSUs, net of tax (in shares) 79,824          
Share-based compensation     622     622
Net income (loss)       (46,077) 722 (45,355)
Other comprehensive income (loss)   (590)     (106) (696)
Ending balance at Jun. 30, 2024 $ 5 (2,422) 271,423 (65,736) 12,280 215,550
Ending balance (shares) at Jun. 30, 2024 48,105,512          
Share-based compensation     375     375
Net income (loss)       (54,727) (3,402) (58,129)
Other comprehensive income (loss)   146     92 238
Ending balance at Sep. 30, 2024 $ 5 (2,276) 271,798 (120,463) 8,970 158,034
Ending balance (shares) at Sep. 30, 2024 48,105,512          
Beginning balance at Dec. 31, 2024 $ 5 (3,902) 292,173 (124,618) 11,751 175,409
Beginning balance (shares) at Dec. 31, 2024 53,936,411          
Issuance of shares - RSUs, net of tax     (111)     (111)
Issuance of shares - RSUs, net of tax (in shares) 50,658          
Issuance of common stock (in shares) 100          
Share-based compensation     464     464
Net income (loss)       (4,552) 1,766 (2,786)
Other comprehensive income (loss)   (329)     11 (318)
Ending balance at Mar. 31, 2025 $ 5 (4,231) 292,526 (129,170) 13,528 172,658
Ending balance (shares) at Mar. 31, 2025 53,987,169          
Beginning balance at Dec. 31, 2024 $ 5 (3,902) 292,173 (124,618) 11,751 175,409
Beginning balance (shares) at Dec. 31, 2024 53,936,411          
Net income (loss)           (89,659)
Ending balance at Sep. 30, 2025 $ 5 (3,155) 292,872 (214,745) 12,463 87,440
Ending balance (shares) at Sep. 30, 2025 54,113,036          
Beginning balance at Mar. 31, 2025 $ 5 (4,231) 292,526 (129,170) 13,528 172,658
Beginning balance (shares) at Mar. 31, 2025 53,987,169          
Issuance of shares - RSUs, net of tax     (10)     (10)
Issuance of shares - RSUs, net of tax (in shares) 125,867          
Share-based compensation     228     228
Net income (loss)       (10,306) 416 (9,890)
Other comprehensive income (loss)   2,075     407 2,482
Ending balance at Jun. 30, 2025 $ 5 (2,156) 292,744 (139,476) 14,351 165,468
Ending balance (shares) at Jun. 30, 2025 54,113,036          
Share-based compensation     128     128
Net income (loss)       (75,269) (1,714) (76,983)
Other comprehensive income (loss)   (999)     (174) (1,173)
Ending balance at Sep. 30, 2025 $ 5 $ (3,155) $ 292,872 $ (214,745) $ 12,463 $ 87,440
Ending balance (shares) at Sep. 30, 2025 54,113,036