Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and equivalents $ 30,700 $ 40,670
Accounts receivable, net 3,343 3,666
Inventories 2,188 1,976
Prepaid expenses and other 9,557 6,690
Total current assets 45,788 53,002
Property and equipment, net 385,889 412,456
Operating lease right-of-use assets, net 52,755 53,142
Finance lease right-of-use assets, net 1,200 2,101
Goodwill 19,477 19,477
Other intangible assets, net of accumulated amortization of $687 and $582 102,365 108,915
Deposits and other 778 716
Total Assets 608,252 649,809
Current liabilities    
Accounts payable 8,433 8,074
Capital expenditures payable 801 2,574
Accrued payroll and related 9,520 7,016
Accrued interest 4,842 14,265
Other accrued liabilities 27,855 35,990
Current portion of operating lease obligations 3,777 3,819
Current portion of finance lease obligations 1,998 1,802
Total current liabilities 57,226 73,540
Operating lease obligations, net of current portion 50,250 50,492
Finance lease obligations, net of current portion   1,538
Other long-term liabilities, net of current portion 45,987 41,376
Long-term debt, net 469,910 473,646
Deferred income taxes, net 2,788 2,476
Contract liabilities, net of current portion 3,464 4,203
Total liabilities 629,625 647,271
Commitments and contingencies (Note 8)
Stockholders' equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 36,644,480 and 36,130,876 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 4 4
Additional paid-in capital 119,601 118,019
Accumulated deficit (140,978) (115,485)
Total stockholders' equity (21,373) 2,538
Total liabilities and stockholders' equity $ 608,252 $ 649,809