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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2022
Jul. 27, 2022
Dec. 31, 2023
Dec. 31, 2021
Income Statement [Abstract]        
Net revenue (including related party net revenue of $5,965 and $17,219 in the year ended December 31, 2023 (Successor Period) and the period from July 28, 2022 to December 31, 2022 (Successor Period), respectively) $ 92,373 $ 73,760 $ 218,138 $ 142,472
Cost of goods sold (including related party costs of $1,662 and $5,128 in the year ended December 31, 2023 (Successor Period) and the period from July 28, 2022 to December 31, 2022 (Successor Period), respectively) 60,657 30,868 76,561 55,037
Gross profit 31,716 42,892 141,577 87,435
Selling, general and administrative 88,926 55,549 220,313 82,968
Research and development 1,796 2,606 3,195 6,092
Loss on impairment of goodwill 68,715 0 0 0
Total operating expenses 159,437 58,155 223,508 89,060
Operating loss (127,721) (15,263) (81,931) (1,625)
Interest expense, net 6,230 6,652 18,906 11,118
Change in fair value of derivative warrant liabilities (Note 9) (6,793) 0 10,337 0
Loss on extinguishment of debt (Note 9) 0 0 0 2,317
Gain on PPP Loan forgiveness (Note 7) 0 0 0 (6,824)
Loss on write-off of loan receivable 0 0 0 2,555
Other expense (income), net (798) (971) 1,769 (817)
Total other expenses (income), net (1,361) 5,681 31,012 8,349
(Loss) income before income taxes (126,360) (20,944) (112,943) (9,974)
Income tax (benefit) expense (5,803) 113 (6,975) 9,602
Net loss (120,557) (21,057) (105,968) (19,576)
Net loss attributable to noncontrolling interests (24,990) 0 (15,987) 0
Net loss attributable to Class A shareholders $ (95,567) $ (21,057) $ (89,981) $ (19,576)
Net loss per share attributable to Class A shareholders (Note 14):        
Basic (in dollars per share) $ (1.11) $ (2.63) $ (0.99) $ (2.45)
Diluted (in dollars per share) $ (1.11) $ (2.63) $ (0.99) $ (2.45)
Shares used in computing net loss per share (Note 14):        
Basic (in shares) 86,460,560 8,000,002 91,158,500 8,000,002
Diluted (in shares) 86,460,560 8,000,002 91,158,500 8,000,002
Other comprehensive (loss) income — foreign currency translation adjustments, net of tax $ (36) $ 96 $ (147) $ (32)
Comprehensive loss (120,593) (20,961) (106,115) (19,608)
Comprehensive loss attributable to noncontrolling interests (24,997) 0 (16,012) 0
Comprehensive loss attributable to Class A shareholders $ (95,596) $ (20,961) $ (90,103) $ (19,608)