Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lease Cost

The following table presents certain information related to lease costs for finance and operating leases as of:

	Successor		Predecessor
	December 31, 2024		Period from January 1, 2024 to May 12, 2024		December 31, 2023		December 31, 2022
Operating lease cost	$	1,506,424	$	27,951	$	28,918	$	177,742
Finance lease costs:
Amortization of finance lease assets		20,671		160,032		483,731		483,731
Interest on lease liabilities		3,362		132,062		201,072		323,420
Short-term lease costs		577,265		99,533		145,923		177,066
Total lease costs	$	2,107,722	$	419,578	$	859,644	$	1,161,959

Schedule of Maturities of Lease Liabilities

As of December 31, 2024, future maturities of the lease liabilities were as follows:

	Operating leases			Finance leases
For the year ending December 31:
2025	$	2,517,743		$	96,134
2026		1,885,483			8,011
2027		1,515,781			-
2028		1,569,744			-
2029		1,501,591			-
Thereafter		5,285,602			-
Total undiscounted cash flows		14,275,944			104,145
Less: present value factor		(3,191,740	)		(6,618	)
Total lease liabilities		11,084,204			97,527
Less: current portion –		(1,825,970	)		(89,184	)
Total long-term lease liabilities	$	9,258,234		$	8,343

Schedule of Future Minimum Lease Payments

As of December 31, 2024, future minimum lease payments expected to be collected were as follows:

For the year ending December 31:
2025	$	303,771
2026		157,755
2027		29,880
Total undiscounted cash payments		491,406
Less: present value factor		(49,629	)
Total net investment in lease		441,777
Less: current portion		266,447
Total net investment in lease, less current portion	$	175,330