v3.25.3
Fair Value - Changes in Fair Value of Level 3 Derivative Liabilities (Q2) (Details) - Embedded derivative liability - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Oct. 01, 2024
Dec. 31, 2023
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Beginning balance $ 0 $ 0 $ 1,994 $ 1,994 $ 1,641
Additions 0 1,774   0 1,119
Settlement 0 0 (2,472) (2,472)  
Change in fair value 0 22 478 478 (766)
Ending balance $ 0 $ 1,796 $ 0 $ 0 $ 1,994