Long–Term Incentive Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Restricted Stock Units

The following table presents the Company’s equity–classified RSU activity for the periods indicated:

	Number of RSUs			Weighted Average Fair Value
Unvested units as of January 1, 2023		—		$	—
Granted		628,545		$	14.58
Forfeited		(100,000	)	$	14.57
Unvested units as of December 31, 2023		528,545		$	9.51
Granted		799,823		$	11.28
Vested		(328,543	)	$	14.58
Unvested units as of December 31, 2024		999,825		$	12.18

Schedule of Performance Stock Units- Monte Carlo Simulation Model

The fair value of the PSUs granted in September 2024 was determined by a third-party using a Monte Carlo simulation model as of the grant date, using the significant inputs listed below, which are based on unobservable market data and are therefore considered Level 3 inputs within the fair value hierarchy.

Performance Stock Units – Monte Carlo Simulation Model	Key Inputs
Stock price – on grant date	$	12.80
Risk-free rate		4.48	%
Equity volatility rate		55.99	%
Equity volatility rate adjustment factor		2.34
Adjusted equity volatility rate		130.85	%

Equity Classified Performance Stock Units [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Restricted Stock Units

The following table presents the Company’s equity–classified PSU activity for the periods indicated:

	Number of PSUs		Weighted Average Fair Value
Unvested units as of January 1, 2024		—	$	—
Granted		313,440	$	23.10
Vested		—	$	—
Unvested units as of December 31, 2024		313,440	$	23.10

Liability Classified Restricted Stock Units [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Restricted Stock Units

The following table presents the Company’s liability–classified RSU activity for the periods indicated:

	Number of RSUs			Weighted Average Fair Value
Unvested units as of January 1, 2023		—		$	—
Granted		19,030		$	14.71
Unvested units as of December 31, 2023		19,030		$	14.71
Granted		24,366		$	12.80
Vested		(19,030	)	$	12.96
Unvested units as of December 31, 2024		24,366		$	12.80