Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment, Net

10. Property, Plant and Equipment, Net

Property, plant, and equipment, which include assets recorded under finance leases, are stated at cost less accumulated depreciation and amortization, and consist of the following:

		Successor		Predecessor
		Consolidated		Combined and Consolidated
	Estimated Useful Lives	December 31,		December 31,
	(in Years)	2025		2024
Land	N/A	$	8,515	$	6,288
Buildings and improvements	7 – 40		13,663		12,203
Leasehold improvements	Shorter of life of improvement or lease term		15,712		36,328
Vehicles	5 – 7		335		558
Machinery and equipment	5 – 15		18,134		32,300
Computer equipment and software	3 – 8		16,678		77,719
Furniture and fixtures	5 – 15		3,173		5,777
Finance lease right-of-use assets	Shorter of life of the asset or lease term		17,840		67,879
			94,050		239,052
Less: Accumulated depreciation and amortization			(11,094)		(193,946)
Property, plant and equipment, net		$	82,956	$	45,106

Depreciation and amortization expense related to property, plant and equipment was $10.0 million, $7.1 million and $16.0 million for the periods August 1, 2025 to December 31, 2025 (Successor), January 1, 2025 to July 31, 2025 (Predecessor), and for the year ended December 31, 2024 (Predecessor), respectively.