EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Schedule of Computations of Basic and Diluted EPS


			Successor															Predecessor
(in thousands, except per share data)			Three Months Ended June 30, 2025						Period from February 8, 2025 to June 30, 2025									Period from January 1, 2025 to February 7, 2025						Three Months Ended June 30, 2024						Six Months Ended June 30, 2024
Net loss applicable to common stockholders			$	(228,436)					$	(193,920)								$	(51,024)					$	(60,196)					$	(234,110)

Weighted average common shares outstanding, basic			60,686						60,554									48,743						48,498						48,308
Weighted average effect of dilutive securities			—						—									—						—						—
Weighted average common shares outstanding, diluted			60,686						60,554									48,743						48,498						48,308


Basic loss per share			$	(3.76)					$	(3.20)								$	(1.05)					$	(1.24)					$	(4.85)
Diluted loss per share			$	(3.76)					$	(3.20)								$	(1.05)					$	(1.24)					$	(4.85)