Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Stock-Based Compensation

Schedule of stock option activity

				Weighted
		Weighted		Average	Aggregate
		Average		Remaining	Intrinsic
		Exercise Price		Contractual	Value
	Shares	Per Share		Life (years)	(in thousands)
Outstanding, December 31, 2023 (Predecessor)	747,001	$	6.17	7.45	$	72
Forfeited	(6,592)		4.82	—		—
Outstanding, July 30, 2024 (Predecessor)	740,409	$	6.18	—	$	—
Vested and expected to vest, July 30, 2024 (Predecessor)	—	$	—	—	$	—
Vested and exercisable, July 30, 2024 (Predecessor)	—	$	—	—	$	—

				Weighted
		Weighted		Average	Aggregate
		Average		Remaining	Intrinsic
		Exercise Price		Contractual	Value
	Shares	Per Share		Life (years)	(in thousands)
Outstanding, July 31, 2024 (Successor)	—	$	—	—	$	—
Options issued as part of the Business Combination	7,587		8.97	—		—
Outstanding, December 31, 2024 (Successor)	7,587	$	8.97	—	$	—
Options vested, December 31, 2024 (Successor)	7,587	$	8.97	—	$	—
Options vested and exercisable, December 31, 2024 (Successor)	7,587	$	8.97	—	$	—

Schedule of stock based compensation expense

The following table summarizes the total stock-based compensation expense for the stock options expense recorded in the consolidated statements of operations and comprehensive loss for the periods from January 1, 2024 to July 30, 2024 (Predecessor), July 31 to December 31, 2024 (Successor), and the year ended December 31, 2023 (Predecessor) (in thousands):

	2024				2023
	Successor		Predecessor		Predecessor
	July 31 to December 31,		January 1 to July 30		January 1 to December 31,
Selling, general, and administration	$	—	$	527	$	384
Research and development		—		115		58
Total stock-based compensation expense	$	—	$	642	$	442