OTHER (EXPENSE) INCOME, NET

12 Months Ended

Dec. 31, 2025

Other Income and Expenses [Abstract]


NOTE 13. OTHER (EXPENSE) INCOME, NET

For the years ended December 31, 2025 and 2024, Other (expense) income, net consisted of the following:


	Year Ended December 31,
($ in thousands)		2025		2024
Loss on debt extinguishment1		$	(16,363)	$	(1,002)
Loss on disposal of assets2		(2,370)		(683)
Loss on lease termination3		(1,144)		—
(Loss) gain on foreign currency		(617)		1,039
Loss on provision - loan receivable		(170)		(330)
Loss on investments held at fair value		(67)		(72)
Tax receivable agreement income (expense)		1,542		(65,648)
Changes in fair value of deferred and contingent considerations4		1,105		(1,378)
Other income, net		6,929		4,767
Other expense, net		$	(11,155)	$	(63,307)

1See Note 11 “Long-term Notes and Loans Payable, Net” for additional information on loss on debt extinguishment.

2See Note 4 “Property and Equipment” for additional information on loss on disposal of assets.

3See Note 5 “Leases” for additional information on loss on lease termination.

4See Note 10 “Acquisitions and Dispositions” for additional information related to deferred and contingent considerations.


NOTE 19. INTEREST EXPENSE, NET

Interest expense, net consisted of the following for the years ended December 31, 2025 and 2024:


	Year Ended December 31,
($ in thousands)		2025		2024
Interest expense – notes and loans payable1		$	(41,746)	$	(37,926)
Interest expense – financing activities1		(11,273)		(11,549)
Accretion of debt discount and amortization of deferred financing fees1		(4,059)		(4,855)
Interest expense – leases2		(2,930)		(3,146)

Interest income		3,748		2,922
Other interest expense		(20)		(47)
Interest expense, net		$	(56,280)	$	(54,601)

1See Note 11 “Long-term Notes and Loans Payable, Net” for additional information on Interest expense – notes and loans payable, Interest expense – financing activities, and Accretion of debt discount and amortization of deferred financing fees.

2See Note 5 “Leases” for additional information on Interest expense – leases.