v3.25.1
Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Compensation [Abstract]  
Schedule of Assumptions Used in Calculating the Issuance Date Fair Value The following table captures the assumptions used in calculating the issuance date fair value:

Number of securities issued

  

1,000,000

Vesting period

  

Immediate

Assumed price upon acquisition

  

$10.00

Probability of winding-up

  

40.50%

Probability of acquisition

  

59.50%

Time to acquisition

  

1.17 years

Volatility (post-Acquisition)

  

46.47%

Risk free interest rate

  

3.54%
Schedule of Activities of RSUs for the Successor

Below is a summary of the activities of RSUs for the Successor period ended December 31, 2024:

 

Time Vesting Units

  

Market Vesting Units


Number of
Units

  

Weighted
Average
Grant Date
Fair Value

  


Number of
Units

  

Weighted
Average
Grant Date
Fair Value

Unvested as of July 30, 2024

  

—

 

  

$

—

  

—

 

  

$

—

Granted

  

950

 

  

 

10.00

  

900

 

  

 

5.35

Forfeited

  

(123

)

  

 

10.00

  

(123

)

  

 

5.35

Units Vested

  

—

 

  

 

—

  

—

 

  

 

—

Unvested as of December 31, 2024

  

827

 

  

$

10.00

  

777

 

  

$

5.35
Schedule of Assumptions were Used to Value the Options Issued The following assumptions were used to value the options issued during the years ended December 31, 2023 and 2022 and options modified during the period ended July 29, 2024:
 

Predecessor
Period ended
July 29,
2024

  

Predecessor
Year ended
December 31,
2023

  

Predecessor
Year ended
December 31,
2022

Weighted average risk-free interest rate

  

4.20 – 4.90

%

  

3.77 – 5.22

%

  

1.56 – 3.93

%

Expected dividend yield

  

—

%

  

—

%

  

—

%

Expected volatility

  

40

%

  

40 – 50

%

  

40

%

Expected life of options (years)

  

1.50 – 6.04

 

  

1.38 – 5.00

 

  

5.00