Subsequent Event |
3 Months Ended | ||
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Mar. 31, 2025 | |||
Subsequent Event [Abstract] | |||
Subsequent Event |
As noted in Note 4, on May 2, 2025, the
Company completed the acquisition of Evans, with total consideration of approximately $222 million in stock. The acquisition of Evans is
being accounted for as a business combination in accordance with ASC 805, using the acquisition method of accounting. Due to the close proximity of the acquisition date and the Company’s filing of its Quarterly Report on Form 10-Q for the three
months ended March 31, 2025, the initial accounting for the business combination is incomplete. Accordingly, the Company is unable to disclose the preliminary allocation of consideration or other information required by ASC 805 at this time. The
Company will include relevant disclosures as required in the second quarter of 2025.
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