v3.25.3
Investments (FY) (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Investments, All Other Investments [Abstract]    
Schedule of Investments
 
June 30, 2025
December 31, 2024
Equity-method investments
$23,407
$17,547
Investment in debt securities - AFS
9,017
11,187
Total Investments
$32,424
$28,734
 
Successor
Predecessor
 
December 31, 2024
December 31, 2023
Equity-method investments
$17,547
$4,482
Exchange-traded investments at fair value
9,685
Investment in debt securities - AFS
11,187
Total Investments
$28,734
$14,167
Schedule of Carrying Amounts and Maximum exposure Relating to AeroFlexx  
The Company’s carrying amounts and maximum exposure relating to AeroFlexx, were as follows:

 
Successor
Predecessor
 
December 31, 2024
December 31, 2023
Asset type
Carrying
Amount
Maximum Exposure
to Loss
Carrying
Amount
Maximum Exposure
to Loss
Equity method investment in AeroFlexx
$16,930
$16,930
$1,570
$1,570
Investments in debt securities - AFS
11,187
11,187
Due from related party
4,472
4,472
2,600
2,600
Total
$32,589
$32,589
$4,170
$4,170
Schedule of Financial Information of Equity Method Investments  
Summarized financial information:
Balance sheets

 
ESG Fund
AeroFlexx
 
December 31,
December 31,
 
2024
2023
2024
2023
Total Assets
$97,445
$58,022
$17,002
$10,780
Total Liabilities
93
107
27,861
8,031
Total Equity (Deficit)
$97,352
$57,915
$(10,859)
$2,749
Statements of operation

 
ESG Fund
AeroFlexx
 
Years ended
December 31,
Years ended
December 31,
 
2024
2023
2024
2023
Revenue
$202
$320
$38
$16
Gross (Loss) Profit
(735)
(709)
(57)
1
Net Income (Loss)
$39,437
$(4,557)
$(13,663)
$(8,221)
Schedule of Unrealized Gains and Losses, and Fair Value of AFS Debt Securities  
The amortized cost, gross unrealized gains and losses, and fair value of AFS debt securities as of December 31, 2024 is represented in the table below:

 
Amortized cost
Gross unrealized
gains
Fair value
Investment in Debt Securities - AFS
$10,278
$909
$11,187
Schedule of Contractual Maturity of Debt Securities  
The amortized cost and fair value of debt securities, by contractual maturity, as of December 31, 2024 is shown below. Expected maturities can differ from contractual maturities.

 
Amortized cost
Fair value
Due within one year
$
$
Due after one year through five years
10,278
11,187
Due after five years
 
$10,278
$11,187