v3.25.3
Property, Plant and Equipment (FY) (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]    
Property, Plant and Equipment
 
June 30, 2025
December 31, 2024
Leasehold improvements
$887
$548
Machinery & equipment
1,524
664
Computers & office equipment
14
14
Construction in progress
266
Property, plant and equipment, gross
2,425
1,492
Less: Accumulated depreciation
(453)
(78)
Property, plant and equipment, net
$1,972
$1,414
 
Successor
Predecessor
 
December 31, 2024
December 31, 2023
Leasehold improvements
$548
$38
Machinery & equipment
664
86
Computers & office equipment
14
19
Construction in progress
266
502
Property, Plant and Equipment, Gross
1,492
645
Less: Accumulated depreciation
(78)
(8)
Property, Plant and Equipment, Net
$1,414
$637
Total depreciation expense on property, plant and equipment was as follows:

 
Successor
Predecessor
 
Period from
October 2, 2024
through
December 31, 2024
Period from
January 1, 2024
through
October 1, 2024
Year ended
December 31, 2023
Depreciation Expense
$78
$148
$8