The
following is a summary of the Profit Interest Unit activity for the year ended December 31, 2025:
Schedule
of Profit Interest Unit Activity
| | |
Profit Interest Units | | |
Weighted Average Profit Interest Unit Participation Threshold | |
| Unvested balance as of December 31, 2023 | |
| - | | |
$ | - | |
| Granted | |
| 3,643 | | |
| 1,000 | |
| Vested | |
| - | | |
| - | |
| Forfeited | |
| - | | |
| - | |
| Unvested balance as of December 31, 2024 | |
| 3,643 | | |
| 1,000 | |
| Granted | |
| 506 | | |
| 4,418 | |
| Vested | |
| (126 | ) | |
| 4,418 | |
| Forfeited | |
| - | | |
| - | |
| Unvested balance as of December 31, 2025 | |
| 4,023 | | |
$ | 1,322 | |
| Vested balance as of December 31, 2025 | |
| 126 | | |
$ | 4,418 | |
|