Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies

Schedule of supplemental balance sheet information related to the operating lease

The following table summarizes supplemental balance sheet information related to the operating lease as of June 30, 2024 (in thousands, unaudited):

Minimum lease payments by fiscal year
2024	$	159
2025		175
2026		297
2027		307
2028		318
Thereafter		328
Total future minimum lease payments		1,584
Less: Imputed interest		(188)
Present value of lease payments		1,396
Less: Current portion (included in other accrued expenses)		(134)
Noncurrent operating lease liability	$	1,262
Operating lease right-of-use asset	$	1,404
Remaining lease term in years		5.5
Discount rate		4.3	%

Schedule of supplemental disclosures of operating cost and cash flow information related to operating leases

The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases for the three and six months ended June 30, 2024 (Successor) and June 30, 2023 (Predecessor) (in thousands) (unaudited).

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
	Successor		Predecessor		Successor		Predecessor
Cost of operating leases	$	72	$	68	$	116	$	138
Cash paid for operating leases		80		77		159		154