Tax Status |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| MAGNERA CORPORATION 401(K) SAVINGS PLAN [Member] | |
| Tax Status [Abstract] | |
| Tax Status | Note 5 - Tax Status The Plan obtained a
determination letter on April 6, 2017, in which the IRS stated that the Plan,
as then designed, was in compliance with the applicable requirements of the
Internal Revenue Code. The Plan has been amended since receiving that
determination letter. The Plan Administrator and advisors believe that the Plan
is currently designed and being operated in compliance with the applicable
requirements of the Internal Revenue Code and that the Plan is and
the related trust is exempt from taxes as of the financial statement date. Accounting principles
generally accepted in the United States of America require Plan management to
evaluate tax positions taken by the Plan and recognize a tax liability if the
Plan has taken an uncertain position that more likely than not would not be sustained
upon examination by the IRS. The Plan Administrator has analyzed the tax
positions taken by the Plan, and has concluded that as of December 31, 2025,
there are no uncertain positions taken or expected to be taken that would
require recognition of a liability (or asset) or disclosure in the financial
statements. The Plan is subject to routine audits by taxing jurisdictions;
however, there are currently no audits for any tax periods in progress.
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