Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment consists of the following:

		Successor
	Useful Life (Years)	September 30, 2025		December 31, 2024
Land		$	6,110	$	5,950
Buildings and leasehold improvements	25	23,784		19,308
Computer, software and office equipment	3 – 5	18,102		2,917
Machinery and equipment	3 – 10	164,508		122,932
Vehicles, aircraft and vessels	5 - 15	86,251		53,154
Construction in progress		26,137		6,878
Total property and equipment		324,892		211,139
Accumulated depreciation		(69,854)		(21,906)
Property and equipment, net		$	255,038	$	189,233

Total depreciation expense for property and equipment was recognized as follows for the following periods:

	Successor				Predecessor
	Three Months Ended September 30, 2025		July 30 through September 30, 2024		July 1 through July 29, 2024
Cost of revenue	$	18,203	$	11,481	$	3,581
Selling, general and administrative expenses	2,436		105		52
Total depreciation expense	$	20,639	$	11,586	$	3,633

	Successor				Predecessor
	Nine Months Ended September 30, 2025		July 30 through September 30, 2024		January 1 through July 29, 2024
Cost of revenue	$	49,785	$	11,481	$	22,123
Selling, general and administrative expenses	2,768		105		222
Total depreciation expense	$	52,552	$	11,586	$	22,345