Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of the income tax expense are as follows:

	Year Ended December 31,
	2024			2023
Current tax expense
Federal	$	1,693		$	-
State		593			370
Total current tax expense		2,286			370
Deferred tax benefit
Federal		(406	)		-
State		(5	)		-
Total deferred tax benefit		(411	)		-
Total income tax expense	$	1,875		$	370

Income Tax Expense Benefit By Applying Federal Statutory Corporate Rate To Income Before Income Taxes

The reconciliation of income taxes at the federal statutory level to provision for income taxes is as follows:

	Year Ended December 31,
	2024						2023
	$			%			$			%
U.S. federal tax (benefit) expense at statutory rate	$	(8,317	)		21.0	%	$	13,344			21.0	%
State tax, net of federal benefit		566			-1.4	%		370			0.6	%
Pre-IPO non-taxable loss (income)		9,794			-24.7	%		(13,344	)		-21.0	%
Noncontrolling interests		(168	)		0.4	%		-			-
Non-deductible expenses		-			0.0	%		-			-
Total effective tax rate	$	1,875			-4.7	%	$	370			0.6	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of each temporary difference and carryforward are as follows:

	December 31,
	2024		2023
Deferred tax assets:
Investment in partnership	$	183	$	-
Disallowed interest carryforward		228		-
Total deferred tax assets:		411		-
Deferred tax liabilities		-		-
Valuation allowance		-		-
Net deferred tax assets	$	411	$	-