v3.25.4
Share-Based Compensation - Schedule of Activities of RSUs (Details) - Restricted stock units - $ / shares
5 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2025
Time Vesting Units    
Number of Units    
Unvested beginning balance (in shares) 0 827,500
Granted (in shares) 950,000 703,551
Forfeited (in shares) (122,500) (327,848)
Units vested (in shares) 0 (259,001)
Unvested ending balance (in shares) 827,500 944,202
Weighted Average Grant Date Fair Value    
Unvested, Weighted average grant date fair value at beginning balance (in dollars per share) $ 0 $ 10.00
Granted, Weighted average grant date fair value (in dollars per share) 10.00 9.35
Forfeited, Weighted average grant date fair value (dollar per share) 10.00 9.68
Units Vested, Weighted average grant date fair value (in dollars per share) 0 10.00
Unvested, Weighted average grant date fair value at Ending balance (in dollars per share) $ 10.00 $ 9.76
Market Vesting Units    
Number of Units    
Unvested beginning balance (in shares) 0 777,500
Granted (in shares) 900,000 0
Forfeited (in shares) (122,500) (222,500)
Units vested (in shares) 0 0
Unvested ending balance (in shares) 777,500 555,000
Weighted Average Grant Date Fair Value    
Unvested, Weighted average grant date fair value at beginning balance (in dollars per share) $ 0 $ 5.35
Granted, Weighted average grant date fair value (in dollars per share) 5.35 0
Forfeited, Weighted average grant date fair value (dollar per share) 5.35 5.35
Units Vested, Weighted average grant date fair value (in dollars per share) 0 0
Unvested, Weighted average grant date fair value at Ending balance (in dollars per share) $ 5.35 $ 5.35
Performance Vesting    
Number of Units    
Unvested beginning balance (in shares) 0 0
Granted (in shares) 0 1,243,321
Forfeited (in shares) 0 (259,000)
Units vested (in shares) 0 0
Unvested ending balance (in shares) 0 984,321
Weighted Average Grant Date Fair Value    
Unvested, Weighted average grant date fair value at beginning balance (in dollars per share) $ 0 $ 0
Granted, Weighted average grant date fair value (in dollars per share) 0 9.34
Forfeited, Weighted average grant date fair value (dollar per share) 0 9.19
Units Vested, Weighted average grant date fair value (in dollars per share) 0 0
Unvested, Weighted average grant date fair value at Ending balance (in dollars per share) $ 0 $ 9.38