v3.25.2
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Outstanding Warrants, Options, and Contingent Shares The Company issued warrants and other contingent consideration in acquisitions and strategic partnerships that are expected to result in the issuance of common shares in future periods resulting from the exercise of warrants or the achievement of certain performance targets. These incremental shares are summarized below:
Sinclair Penny Warrants (Note 2)
11,575,597
MKF penny warrants (Note 12)
44,128
Outstanding awards under Equity Incentive Plans699,222
12,318,947
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables reflect the changes in accumulated other comprehensive loss by component for the period from February 8, 2025 to June 30, 2025 (Successor), Period from January 1, 2025 to February 7, 2025 (Predecessor) and six months ended June 30, 2024 (Predecessor), respectively:
Predecessor
(in thousands)Foreign Currency Translation AdjustmentBenefit Plans
Cash Flow Hedges(1)
Net Investment HedgesTotal
Accumulated other comprehensive (loss) income at December 31, 2024 (Predecessor)
$(261,745)$1,746 $(8,189)$7,921 $(260,267)
Other comprehensive income (loss) before reclassifications(13,097)— 1,425 3,655 (8,017)
Reclassifications from accumulated other comprehensive income (loss) to earnings— — (105)(98)
Tax effect— — (352)(976)(1,328)
Accumulated other comprehensive (loss) income at February 07, 2025 (Predecessor)
$(274,842)$1,746 $(7,221)$10,607 $(269,710)


Successor
(in thousands)Foreign Currency Translation Adjustment
Cash Flow Hedges(1)
Net Investment HedgesTotal
Accumulated other comprehensive (loss) income at February 8, 2025 (Successor)
$— $— $— $— 
Other comprehensive income (loss) before reclassifications198,030 (28,414)(72,670)96,946 
Reclassifications from accumulated other comprehensive income (loss) to earnings— 1,383 1,405 2,788 
Tax effect(52,548)7,203 18,990 (26,355)
Accumulated other comprehensive (loss) income at June 30, 2025 (Successor)
$145,482 $(19,828)$(52,275)$73,379 
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(1)    As of June 30, 2025 (Successor), approximately $10.9 million of existing gains and losses are estimated to be reclassified into earnings within the next 12 months.
Predecessor
(in thousands)Foreign Currency Translation AdjustmentBenefit PlansCash Flow HedgesNet Investment HedgesTotal
Accumulated other comprehensive (loss) income at December 31, 2023
$(177,203)$886 $(11,246)$(21,995)$(209,558)
Other comprehensive income (loss) before reclassifications(46,679)— 26,356 15,597 (4,726)
Reclassifications from accumulated other comprehensive income (loss) to earnings— — (5,695)(2,536)(8,231)
Tax effect— — (6,074)4,193 (1,881)
Accumulated other comprehensive (loss) income at June 30, 2024
$(223,882)$886 $3,341 $(4,741)$(224,396)