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Consolidated Statements of Shareholders’ Equity (Deficit) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Treasury Stock
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2022 $ 1,571,651 $ 11 $ 1,146,015 $ (77,998) $ 504,219 $ (596)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Convertible debt conversions 300   300      
Share-based compensation 11,963   11,963      
Repurchase of common stock (2,637)     (2,637)    
Changes in comprehensive income (loss) 529         529
Net income (loss) (447,464)       (447,464)  
Ending balance at Dec. 31, 2023 1,134,342 11 1,158,278 (80,635) 56,755 (67)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 7,210   7,210      
Repurchase of common stock (650)     (650)    
Derivative liability 8,204   8,204      
Changes in comprehensive income (loss) 255         255
Net income (loss) (1,229,495)       (1,229,495)  
Ending balance at Dec. 31, 2024 (80,134) 11 1,173,692 (81,285) (1,172,740) 188
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,233   1,233      
Changes in comprehensive income (loss) (61)         (61)
Net income (loss) 72,216       72,216  
Cancellation of Predecessor Equity 6,746 (11) (1,174,925) 81,285 1,100,524 (127)
Issuance of Warrants 441,745   441,745      
Issuance of Successor common stock 292,625 2 292,623      
Ending balance at Mar. 12, 2025 734,370 2 734,368 0 0 0
Beginning balance at Dec. 31, 2024 (80,134) 11 1,173,692 (81,285) (1,172,740) 188
Ending balance at Dec. 31, 2025 (2,091,688) 3 740,978 0 (2,832,669) 0
Beginning balance at Mar. 12, 2025 734,370 2 734,368 0 0 0
Ending balance at Mar. 13, 2025 734,370          
Beginning balance at Mar. 12, 2025 734,370 2 734,368 0 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 6,611   6,611      
Conversion of warrants exercised 0 1 (1)      
Net income (loss) (2,832,669)       (2,832,669)  
Ending balance at Dec. 31, 2025 $ (2,091,688) $ 3 $ 740,978 $ 0 $ (2,832,669) $ 0