v3.26.1
Property and Equipment, net (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Property, Plant and Equipment [Abstract]    
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
 
    
Estimated Useful

Lives (Years)
    
June 30,
2025
   
December 31,
2025
 
Machines and equipment
    
3-10
     $ 41,067     $ 60,185  
Leasehold improvements
    
7-10
       40,422       54,724  
Vehicles
     5        1,386       1,353  
Furniture and fixtures
    
3-7
       1,253       2,689  
Software
     7        3,501       3,678  
Construction in progress
     —         27,891       49,027  
     
 
 
   
 
 
 
        115,520       171,656  
Less: accumulated depreciation
        (7,350     (14,095
     
 
 
   
 
 
 
Property and equipment, net
      $ 108,170     $ 157,561  
     
 
 
   
 
 
 
Property and equipment, net consists of the following (in thousands):
 
           
Successor
 
    
Estimated Useful
    
June 30,
 
    
Lives (Years)
    
2024
   
2025
 
Machines and equipment
    
3-10
     $ 14,857     $ 41,067  
Leasehold improvements
    
7-10
       9,592       40,422  
Vehicles
     5        856       1,386  
Furniture and fixtures
    
3-7
       796       1,253  
Software
     7        2,763       3,501  
Construction in progress
     —         2,541       27,891  
     
 
 
   
 
 
 
        31,405       115,520  
Less: accumulated depreciation
        (1,162     (7,350
     
 
 
   
 
 
 
Property and Equipment, net
      $ 30,243     $ 108,170