XML 84 R64.htm IDEA: XBRL DOCUMENT v3.25.1
Equity Based Compensation (Additional Information) (Details) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Stock Based Compensation Expense $ 24,509,000 $ 23,841,000  
Unrecognized compensation expense remaining period 10 months 24 days    
Additional compensation expense   3,011,000  
Profits interests granted $ 0 0  
Total equity-based compensation expense 29,372,000 30,846,000 $ 74,469,000
Issuance of Class A ordinary shares, net of offering costs, Value 144,325,000    
Aggregate intrinsic value $ 2,197,000 $ 20,749,000 6,984,000
Limited Partnership Agreement      
Profits Interest vesting description Profits Interests awards would vest at a rate of 25% on the latter of the first anniversary of employment and the first anniversary of the Acquisition Date with the remaining 75% to vest in increments of 25% on each anniversary following the first anniversary date, ratably over a three or four-year period from the date of grant, in annual installments of 33.3% over the three-year period from the date of grant, in increments of 6.25% each calendar quarter following the first anniversary date, or were fully vested upon issuance.    
R&D service provider [Member]      
Total equity-based compensation expense     $ 14,080,000
Tranche one [Member]      
Weighted average vesting price     $ 15
Tranche two [Member]      
Weighted average vesting price     20
Tranche three [Member]      
Weighted average vesting price     $ 25
RSU [Member]      
Weighted Average Grant Date Fair Value, Granted $ 7.92    
Share-based compensation expense     $ 396,000
Restricted Stock Unit Awards Vesting During Period 50,000    
Time Vested Awards [Member]      
Number of Shares, Granted 8,871,107    
Weighted average grant date fair value of options granted $ 1.36 $ 5.14 $ 7.48
Unrecognized compensation expense remaining period 2 years 6 months    
Unrecognized stock-based compensation expense $ 40,594,000    
Aggregate intrinsic value outstanding 125,000    
Intrinsic value of time-vested awards exercised 37,000    
Aggregate intrinsic value $ 913,000    
Weighted Average Exercise Price, Granted $ 1.87    
Market-Vested Awards [Member]      
Weighted Average Grant Date Fair Value $ 7.75 $ 0  
Compensation cost   $ 2,172,000  
Market-Vested Awards [Member] | Chief Executive Officer [Member]      
Number of Shares, Granted     3,639,607
Market-Vested Awards [Member] | Stock Option Awards Under Twenty Twenty Two Plan      
Weighted Average Exercise Price, Granted     $ 10.33
Performance Shares [Member]      
Weighted Average Grant Date Fair Value   $ 1.23 $ 0
Number of Shares, Granted 671,250    
Weighted average grant date fair value of options granted $ 1.09    
Unrecognized compensation expense remaining period 4 months 24 days    
Unrecognized stock-based compensation expense $ 156,000,000    
Total equity-based compensation expense $ 1,136,000 $ 0 $ 0
Weighted Average Exercise Price, Granted $ 1.52    
Profits Interest awards [Member]      
Weighted Average Grant Date Fair Value, Granted     $ 7.43
Unrecognized compensation expense $ 6,223,000    
Aggregate intrinsic value outstanding $ 2,967,000    
Class A [Member]      
Restricted Stock Unit Awards Vesting During Period 50,000    
PKLP Class B Units outstanding [Member]      
Additional compensation expense     $ 5,437,000
Recognized compensation expense modification     3,715,000
Previously recognized expense settled via equity award     2,502,000
Total equity-based compensation expense     $ 34,254,000
Issuance of Class A ordinary shares, net of offering costs, Value $ 6,050,000    
PKLP Class B Units outstanding [Member] | Limited Partnership Agreement      
Stock issued during period, shares, new issues 6,648,353    
PKLP Class B Units outstanding [Member] | R&D service provider [Member]      
Stock issued during period, shares, issued for services     2,253,033