v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue:    
Total revenue $ 1,082.5 $ 1,209.2
Total cost of revenue 784.5 894.9
Gross profit 298.0 314.3
Selling, general and administrative 256.3 275.4
Impairment of intangible assets 34.8 39.3
Depreciation and amortization 9.0 14.3
Loss (gain) on sale of assets (1.9) 0.5
Operating loss (0.2) (15.2)
Non-operating expense:    
Floor plan interest expense (11.0) (16.0)
Other interest expense, net (41.5) (48.1)
Other income 0.6 0.5
Total non-operating expense (51.9) (63.6)
Loss before income taxes (52.1) (78.8)
Income tax provision (benefit) 0.3 (0.2)
Net loss $ (52.4) $ (78.6)
Weighted average number of common shares outstanding - basic (in shares) 37,959,360 35,379,798
Weighted average number of common shares outstanding - diluted (in shares) 37,959,360 35,379,798
Net loss per share — basic (in dollars per share) $ (1.38) $ (2.22)
Net loss per share — diluted (in dollars per share) $ (1.38) $ (2.22)
Powersports vehicles    
Revenue:    
Total revenue $ 778.8 $ 842.6
Total cost of revenue 672.2 738.6
Parts, service and accessories    
Revenue:    
Total revenue 197.8 206.2
Total cost of revenue 105.5 111.7
Finance and insurance, net    
Revenue:    
Total revenue 97.3 102.4
Vehicle transportation services    
Revenue:    
Total revenue 8.6 58.0
Total cost of revenue $ 6.8 $ 44.6