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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Successor    
Current assets:    
Cash and cash equivalents $ 15,398,714  
Accounts receivable, less allowance for credit losses (2024 - $134,372; 2023 - $634,913) 37,394,656  
Net investment in leases, current portion 266,447  
Maintenance supplies 1,356,814  
Assets held for sale 265,900  
Income tax receivable 2,944,742  
Prepaid expenses and other current assets 10,060,169  
Total current assets 67,687,442  
Property and equipment, net of accumulated depreciation (2024 - $15,699,025; 2023 - $16,211,133) 122,636,636  
Operating lease right-of-use assets 10,970,536  
Net investment in leases, less current portion 175,330  
Deposits 4,676,679  
Goodwill 169,056,675  
Intangible assets, net of accumulated amortization (2024 - $5,709,360; 2023 - $-) 132,490,640  
Other long-term assets 393,006  
Total assets 508,086,944  
Current liabilities:    
Accounts payable 9,829,355  
Book overdraft  
Accrued liabilities 21,826,519  
Income tax payable  
Finance lease liabilities, current portion 89,184  
Operating lease liabilities, current portion 1,825,970  
Long-term debt, current portion 19,052,903  
Total current liabilities 52,623,931  
Long-term liabilities:    
Line of credit 7,000,000  
Finance lease liabilities, less current portion 8,343  
Operating lease liabilities, less current portion 9,258,234  
Long-term debt, less current portion 56,336,911  
Deferred tax liability, net 42,638,079  
Other long-term liabilities 2,241,923  
Total liabilities 170,107,421  
Commitments and contingencies (Note 18)  
Stockholders’ equity:    
Common stock, value 270,691  
Additional paid in capital 346,756,929  
(Accumulated deficit) retained earnings (9,048,097)  
Total stockholders’ equity 337,979,523 $ 389,171
Total liabilities, mezzanine equity and stockholders’ equity 508,086,944  
Successor | Series A convertible Redeemable Preferred stock    
Mezzanine equity:    
Series A convertible, redeemable, preferred stock, $0.01 par value; 10,000,000 shares authorized; 0 and 3,066,923 shares issued and outstanding as of December 31, 2024 and December 31, 2023 respectively  
Successor | Common stock    
Stockholders’ equity:    
Common stock, value  
Predecessor    
Current assets:    
Cash and cash equivalents   4,273
Accounts receivable, less allowance for credit losses (2024 - $134,372; 2023 - $634,913)   19,799,044
Net investment in leases, current portion   32,374
Maintenance supplies   822,855
Assets held for sale  
Income tax receivable  
Prepaid expenses and other current assets   2,769,005
Total current assets   23,427,551
Property and equipment, net of accumulated depreciation (2024 - $15,699,025; 2023 - $16,211,133)   17,998,750
Operating lease right-of-use assets   4,457
Net investment in leases, less current portion   2,681
Deposits   1,033,642
Goodwill  
Intangible assets, net of accumulated amortization (2024 - $5,709,360; 2023 - $-)  
Other long-term assets   527,952
Total assets   42,995,033
Current liabilities:    
Accounts payable   2,539,198
Book overdraft   891,410
Accrued liabilities   7,803,359
Income tax payable   1,174,959
Finance lease liabilities, current portion   1,306,024
Operating lease liabilities, current portion   4,456
Long-term debt, current portion   1,599,699
Total current liabilities   15,319,105
Long-term liabilities:    
Line of credit   3,450,129
Finance lease liabilities, less current portion   273,096
Operating lease liabilities, less current portion  
Long-term debt, less current portion   5,035,478
Deferred tax liability, net   2,283,833
Other long-term liabilities  
Total liabilities   26,361,641
Commitments and contingencies (Note 18)  
Stockholders’ equity:    
Common stock, value  
Additional paid in capital  
(Accumulated deficit) retained earnings   7,748,792
Total stockholders’ equity   7,752,720
Total liabilities, mezzanine equity and stockholders’ equity   42,995,033
Predecessor | Series A convertible Redeemable Preferred stock    
Mezzanine equity:    
Series A convertible, redeemable, preferred stock, $0.01 par value; 10,000,000 shares authorized; 0 and 3,066,923 shares issued and outstanding as of December 31, 2024 and December 31, 2023 respectively   8,880,672
Predecessor | Common stock    
Stockholders’ equity:    
Common stock, value   $ 3,928