v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 29.5 $ 85.3
Restricted cash 13.4 11.4
Accounts receivable, net 28.9 30.5
Inventory, net 257.4 240.6
Prepaid expense and other current assets 5.5 3.6
Total current assets 334.7 371.4
Property and equipment, net 60.5 63.5
Right-of-use assets 150.4 157.1
Franchise rights and other intangible assets, net 127.0 161.9
Other assets 1.0 1.3
Total assets 673.6 755.2
Current liabilities:    
Accounts payable and other current liabilities 77.7 75.4
Vehicle floor plan notes payable 218.4 209.9
Current portion of long-term debt 0.4 39.1
Total current liabilities 296.5 324.4
Long-term liabilities:    
Long-term debt, net of current maturities 207.2 212.0
Operating lease liabilities 128.0 129.8
Other long-term liabilities 54.4 52.3
Total long-term liabilities 389.6 394.1
Total liabilities 686.1 718.5
Commitments and contingencies (Note 17)
Stockholders' equity (deficit):    
Additional paid in capital 704.1 700.9
Accumulated deficit (712.3) (659.9)
Class B common stock in treasury, at cost, 123,089 shares (4.3) (4.3)
Total stockholders' equity (deficit) (12.5) 36.7
Total liabilities and stockholders' equity (deficit) 673.6 755.2
Class A    
Stockholders' equity (deficit):    
Common stock, value, issued 0.0 0.0
Class B    
Stockholders' equity (deficit):    
Common stock, value, issued $ 0.0 $ 0.0