Income Taxes (FY) (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Tax Effect of Significant Temporary Differences Representing Deferred Tax Assets and Liabilities

At December 31, 2024 and 2023, the tax effect of significant temporary differences representing deferred tax assets and liabilities are as follows:


			Year Ended December 31,
(Amounts in 000's)			2024			2023
Net deferred tax asset (liability):
Allowance for credit loss			$34			$385
Accrued expenses			169			152
Right of use asset			(526)			724
Right of use liability			603			(633)
Net operating loss carry forwards			22,566			21,662
Property, equipment & intangibles			(3,618)			(3,581)
Stock based compensation			212			184
Self-Insurance Reserve			6			15
Interest Expense			1,831			1,831
Total deferred tax assets			21,277			20,739
Valuation allowance			(21,277)			(20,739)
Net deferred tax liability			$—			$—

Schedule of Differences Between Income Taxes Computed at the Federal Statutory Rate and the Provision for Income Taxes

The items accounting for the differences between income taxes computed at the federal statutory rate and the provision for income taxes are as follows:


			Year Ended December 31
			2024			2023
Federal income tax at statutory rate			21.0%			21.0%
State and local taxes			(1.5)%			(1.2)%
Nondeductible expenses			—			(1.1)%
Change in valuation allowance			(17.9)%			(13.4)%
Other			(1.6)%			(5.3)%
Effective tax rate			—%			—%