Per Common Share Amounts (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The calculation of basic and diluted earnings per common share is as follows (amounts in thousands, except per share data):


						Successor									Predecessor
						Period from June 18 through June 30, 2026									Period from April 1 through June 17, 2026						Three Months Ended June 30, 2025

Numerators:
Net loss						$	(3,087)								$	(789,019)					$	(41,186)
Income attributable to unvested participating securities						—									—						(6)
Net loss used in calculating earnings per common share						$	(3,087)								$	(789,019)					$	(41,192)

Denominators:
Weighted average common shares outstanding - basic and diluted						21,954									72,916						71,282



Net loss per common share - basic and diluted						$	(0.14)								$	(10.82)					$	(0.58)


						Successor									Predecessor
						Period from June 18 through June 30, 2026									Period from January 1 through June 17, 2026						Six Months Ended June 30, 2025

Numerators:
Net loss						$	(3,087)								$	(882,040)					$	(87,053)
Income attributable to unvested participating securities						—									—						(12)
Net loss used in calculating earnings per common share						$	(3,087)								$	(882,040)					$	(87,065)

Denominators:
Weighted average common shares outstanding - basic and diluted						21,954									73,267						70,275



Net loss per common share - basic and diluted						$	(0.14)								$	(12.04)					$	(1.24)