Related-Party Transactions (Tables)

3 Months Ended

Mar. 31, 2025

Related-Party Transactions

Schedule of components of net parent investment

	Three months ended
	March 31,
in thousands	2024
Net investment by Former Parent as reflected in the Unaudited Combined Statement of Cash Flows	$	47,659
Non-cash stock compensation expense		658
Net investment by Former Parent as reflected in the Unaudited Combined Statement of Equity	$	48,317

Schedule of the allocation of expenses

	Three months ended
	March 31,
in thousands	2024
Operating costs	$	200
General and administrative		3,426
Other income, net		(8)
Total	$	3,618