Leases (Tables)

12 Months Ended

Dec. 31, 2024

Dec. 28, 2024

Leases (Tables) [Line Items]

Schedule of Lease Cost

Accordingly, the Company recognizes a right-of-use (“ROU”) asset representing the right to use an underlying asset and a lease liability representing the obligation to make lease payments over the lease term for substantially all leases with a lease term greater than 12 months.

	2024				2023		2022
	Successor July 30 to December 31		Predecessor January 1 to July 29		Predecessor January 1 to December 31		Predecessor January 1 to December 31
Operating lease cost	$	3,667	$	5,736	$	8,813	$	7,308
Finance lease cost - amortization of right-of-use assets		4,118		6,010		10,298		7,715
Finance lease cost - Interest on lease liabilities		799		1,005		1,523		836
Short term lease expense		1,171		202		—		—
Variable lease cost		731		1,063		4		8
Total lease cost	$	10,486	$	14,016	$	20,638	$	15,867

Schedule of Supplemental Cash Flow Information Related to Lease

Supplemental cash flow information related to lease is as follows:

	2024				2023		2022
	Successor July 30 to December 31		Predecessor January 1 to July 29		Predecessor January 1 to December 31		Predecessor January 1 to December 31
Cash paid for amounts included in measurement of lease liabilities:
Operating cash outflows - payments on operating leases		3,429		5,990		9,284		5,672
Operating cash outflows - interest payments on finance leases		799		1,005		1,523		836
Financing cash outflows - principal payments on finance leases		3,906		5,745		9,948		7,424
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases		5,575		6,748		6,949		12,400
Finance leases		4,673		5,988		11,049		19,878

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

	Successor December 31, 2024			Predecessor December 31, 2023
Operating Leases
Operating lease right-of-use assets, net	$	30,001		$	22,441
Current portion of operating lease obligations		7,204			7,498
Non-current operating lease obligations		21,838			17,773
Total operating lease liabilities	$	29,042		$	25,271
Finance Leases
Equipment, net	$	28,532		$	28,655
Current portion of finance lease obligations		9,824			9,125
Non-current finance lease obligations		18,915			20,288
Total finance lease liabilities	$	28,739		$	29,413
Weighted-average remaining lease term (years):
Operating leases		5.45			5.25
Finance leases		3.26			3.41
Weighted-average discount rate:
Operating leases		7.32	%		6.21	%
Finance leases		6.78	%		5.89	%

Schedule of Reconciliation to the Lease Liabilities

Future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities recognized on the consolidated balance sheets is as follows:

Year Ending December 31,	Operating Leases			Finance Leases
2025	$	9,034		$	11,384
2026		7,503			9,507
2027		5,462			6,411
2028		3,528			3,323
2029		2,678			1,245
Thereafter		7,298			—
Total lease payments	$	35,503		$	31,870
Less imputed interest		(6,461	)		(3,131	)
Total present value of lease liabilities	$	29,042		$	28,739

NV5 Global, Inc. [Member]

Leases (Tables) [Line Items]

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to the Company’s operating and finance leases were as follows:

Leases	Classification	December 28, 2024			December 30, 2023
Assets
Operating lease assets	Right-of-use lease asset, net (1)	$	32,099		$	36,836
Finance lease assets	Property and equipment, net (1)		5,400			4,389
Total leased assets		$	37,499		$	41,225
Liabilities
Current
Operating	Accrued liabilities	$	(13,423	)	$	(13,972	)
Finance	Current portion of notes payable and other obligations		(1,522	)		(1,220	)
Noncurrent
Operating	Other long-term liabilities		(21,014	)		(25,754	)
Finance	Notes payable and other obligations, less current portion		(3,691	)		(3,188	)
Total lease liabilities		$	(39,650	)	$	(44,134	)

Weighted - Average Remaining Lease Term (Years)	December 28, 2024			December 30, 2023
Operating leases		3.6			3.7
Finance leases		2.2			2.0
Weighted - Average Discount Rate
Operating leases		5	%		4	%
Finance leases		7	%		7	%

	Fiscal Year Ended
	December 28, 2024		December 30, 2023		December 31, 2022
Operating cash flows from operating leases	$	14,556	$	14,903	$	13,739
Financing cash flows from finance leases	$	1,545	$	1,346	$	1,241
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	10,537	$	11,084	$	7,058

		Fiscal Year Ended
Lease Cost	Classification	December 28, 2024		December 30, 2023		December 31, 2022
Operating lease cost	Facilities and facilities related	$	15,851	$	16,658	$	15,724
Variable operating lease cost	Facilities and facilities related		5,682		4,222		3,806
Finance lease cost
Amortization of financing lease assets	Depreciation and amortization		1,530		1,343		1,239
Interest on lease liabilities	Interest expense		253		165		121
Total lease cost		$	23,316	$	22,388	$	20,890

Schedule of Reconciliation to the Lease Liabilities

As of December 28, 2024, maturities of the Company’s lease liabilities under its long-term operating leases and finance leases for the next five fiscal years and thereafter are as follows:

Fiscal Year	Operating Leases			Finance Leases
2025	$	14,587		$	1,628
2026		9,603			1,683
2027		5,471			1,299
2028		3,788			949
2029		2,486			470
Thereafter		1,602			74
Total lease payments		37,537			6,103
Less: Interest		(3,100	)		(890	)
Present value of lease liabilities	$	34,437		$	5,213