Consolidated and Combined Statements of Operations - USD ($) $ in Thousands	5 Months Ended	7 Months Ended	12 Months Ended
	Dec. 31, 2025	Jul. 31, 2025	Dec. 31, 2024
Revenue	$ 359,381	$ 431,661	$ 872,690
Selling, general and administrative expenses (exclusive of depreciation and amortization)	49,669	53,946	124,440
Depreciation and amortization	26,225	22,313	50,307
Impairment of goodwill	320,292	0	108,489
Related party expense, net		1,400
Operating profit (loss)	(321,582)	9,671	(105,441)
Other expense (income), net:
Interest expense, net	24,237	75,226	101,939
Debt modification and extinguishment loss (gain), net	0	121	363
Sundry expense (income), net	274	1,644	(2,087)
Other income, net	(1,596)	(28)	(515)
Loss before reorganization items and income taxes	(344,497)	(67,292)	(205,141)
Reorganization items	1,615	(1,557,825)
Income / (loss) before income taxes	(346,112)	1,490,533	(205,141)
Income tax expense	5,011	35,875	10,009
Net profit (loss)	$ (351,123)	$ 1,454,658	(215,150)
Net loss per common share
Basic (in dollars per share)	$ (29.88)
Diluted (in dollars per share)	$ (29.88)
Financial Designation, Predecessor and Successor [Fixed List]	Successor	Predecessor
Related Party
Revenue	$ 560	$ 2,474	5,581
Related party expense, net	5,386	5,750	10,971
Non-related party
Revenue	358,821	429,187	867,109
Cost of revenue (exclusive of depreciation and amortization)	$ 279,391	$ 339,981	$ 683,924