v3.26.1
Inventories
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories, consisting primarily of finished goods and raw materials, are stated at the lower of cost or net realizable value. Cost is determined on an average cost basis. The Company reviews its inventory balances and writes down its inventory for estimated obsolescence or excess inventory equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions. The reserve for obsolescence was $0.0 million and $4.0 million at March 31, 2026 and December 31, 2025, respectively.
Inventories, net as of March 31, 2026 and December 31, 2025 were comprised of the following: 
SuccessorPredecessor
 March 31, 2026December 31, 2025
 (in thousands)(in thousands)
Raw materials$24,270 $33,610 
Work in progress111 146 
Finished goods26,169 26,802 
Inventories50,550 60,558 
Reserve for obsolescence— (4,005)
Inventories, net$50,550 $56,553