v3.25.2
Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consisted of the following as of:
(in thousands)June 30, 2025December 31, 2024
Accounts payable$62,158 $16,806 
Accrued operations expenditures88,611 67,909 
Legal settlement payable35,000 35,038 
Total accounts payable and accrued liabilities$185,769 $119,753 
Summary of Basic and Diluted Loss Per Share
The following table reflects the calculation of basic and diluted net loss per share of Common Stock.

SuccessorPredecessor
 (dollars in thousands, except per share amounts)
Three Months Ended June 30, 2025Three Months Ended June 30, 2024Six Months Ended June 30, 2025February 14, 2024—June 30, 2024January 1, 2024—February 13, 2024
Net loss$(128,066)$(165,436)$(237,610)$(345,541)$(11,789)
Weighted average shares outstanding—Basic and diluted
91,224,345 60,166,269 87,849,286 60,166,269 n/a
Net loss per share—Basic and diluted
$(1.40)$(2.75)$(2.70)$(5.74)n/a