v3.25.4
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Service revenue, net $ 659,553 $ 698,299 $ 1,310,207 $ 1,382,750
Operating expenses:        
Service expense 570,647 588,100 1,123,635 1,171,666
General and administrative expense 70,581 76,065 149,170 153,242
Depreciation and amortization 23,414 27,752 46,933 54,855
Impairment of goodwill 263,394 105,302 263,394 105,302
Total operating expenses 928,036 797,219 1,583,132 1,485,065
Operating income (loss) (268,483) (98,920) (272,925) (102,315)
Interest expense, net 37,109 19,950 75,946 38,636
Loss before income taxes and equity method investment (305,592) (118,870) (348,871) (140,951)
Income tax provision (76) (9,558) (3,623) (9,015)
Equity in net income (loss) of investee, net of tax 1,979 (456) (1,572) (1,218)
Net loss $ (303,689) $ (128,884) $ (354,066) $ (151,184)
Loss per common share:        
Basic (in dollars per share) $ (21.16) $ (9.07) $ (24.69) $ (10.64)
Diluted (in dollars per share) $ (21.16) $ (9.07) $ (24.69) $ (10.64)
Weighted-average number of common shares outstanding:        
Basic (in shares) 14,353,053 14,216,954 14,340,961 14,209,477
Diluted (in shares) 14,353,053 14,216,954 14,340,961 14,209,477