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Share-Based and Unit-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Activity
The following tables summarize RSU and PSU activity for the nine months ended September 30, 2025 and September 30, 2024 (in thousands, except per unit data):
RSUs and PSUsNumber of RSUs and PSUsWeighted Average Remaining Contractual Term (years)Weighted Average Grant Date Fair ValueAggregate Intrinsic Value
Outstanding as of December 31, 2023521 1.38$69.75 
Granted1,265 $13.29 $16,816 
Forfeited(167)
Vested(345)
Outstanding as of September 30, 20241,274 1.59$13.69 
Outstanding as of December 31, 20241,421 1.36$18.17 
Granted2,726 $9.91 $26,800 
Forfeited(401)
Vested(996)
Outstanding as of September 30, 20252,750 0.94$10.83 
Schedule of PSU Activity
The following tables summarize RSU and PSU activity for the nine months ended September 30, 2025 and September 30, 2024 (in thousands, except per unit data):
RSUs and PSUsNumber of RSUs and PSUsWeighted Average Remaining Contractual Term (years)Weighted Average Grant Date Fair ValueAggregate Intrinsic Value
Outstanding as of December 31, 2023521 1.38$69.75 
Granted1,265 $13.29 $16,816 
Forfeited(167)
Vested(345)
Outstanding as of September 30, 20241,274 1.59$13.69 
Outstanding as of December 31, 20241,421 1.36$18.17 
Granted2,726 $9.91 $26,800 
Forfeited(401)
Vested(996)
Outstanding as of September 30, 20252,750 0.94$10.83 
Summary of Incentive Unit Activity
The following table summarizes common incentive unit activity under the Opco Plan for the nine months ended September 30, 2025 and September 30, 2024 (in thousands, except per unit data):
Common Incentive UnitsNumber of Common Incentive UnitsWeighted Average Remaining Contractual Term (years)Weighted Average Grant Date Fair ValueAggregate Intrinsic Value
Outstanding as of December 31, 2024287 0$166.75 $47,867 
Granted— 
Forfeited— 
Exchanged(4)
Outstanding as of September 30, 2025283 0$166.75 $47,246 
Common Incentive UnitsNumber of Common Incentive UnitsWeighted Average Remaining Contractual Term (years)Weighted Average Grant Date Fair ValueAggregate Intrinsic Value
Outstanding as of December 31, 2023309 0$166.75 $51,467 
Granted— 
Forfeited— 
Exchanged(5)
Outstanding as of September 30, 2024304 0$166.75 $50,677 
Schedule of Valuation Assumptions The assumptions noted in the table below were used to estimate the fair value of the PSUs with market conditions.
Initial stock price
$8.71 - $12.79
Expected term (years)
2 - 3 years
Coefficient of variation-
Risk free rate
3.79% - 3.98%
Volatility125 %
Dividend yield0%