v3.25.2
401(K) Retirement Savings Plan
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
401(K) Retirement Savings Plan [Abstract]    
401(k) RETIREMENT SAVINGS PLAN

NOTE 12 – 401(K) RETIREMENT SAVINGS PLAN

 

The Company sponsors a 401(k) defined contribution plan covering eligible employees who elect to participate. The Company is allowed to make discretionary profit sharing and 401(k) matching contributions as defined in the plan and as approved by the Board of Directors. The Company’s contributions for the period from February 14, 2024 through March 31, 2024 was $7,956 and Predecessor contributions during the period from January 1, 2024 through February 13, 2024 was $4,685. The Company did not make any contributions to the 401(k) during the three months ended March 31, 2025.

NOTE 13 – 401(k) RETIREMENT SAVINGS PLAN

 

The Company sponsors a 401(k) defined contribution plan covering eligible employees who elect to participate. The Company is allowed to make discretionary profit sharing and 401(k) matching contributions as defined in the plan and as approved by the Board of Directors. The Company’s contributions for the period from February 14, 2024 through December 31, 2024 was $44,077 and Predecessor contributions during the period from January 1, 2024 through February 13, 2024 was $8,657. The Predecessor made contributions of $63,344 during the year ended December 31, 2023.