v3.26.1
EQUITY-BASED COMPENSATION - Summary of Fair Value of Options Using Black-Scholes Option Pricing Model (Details)
3 Months Ended
Jun. 30, 2026
Other Grants  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Expected term (years) 6 years
Equity volatility 93.80% [1]
Risk-free rate 4.30% [2]
Minimum | IPO Options  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Expected term (years) 5 years [3]
Equity volatility, Minimum 87.00% [1],[3]
Risk-free rate, Minimum 3.90% [2],[3]
Maximum | IPO Options  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Expected term (years) 6 years 1 month 6 days [3]
Equity volatility, Maximum 90.00% [1],[3]
Risk-free rate, Maximum 4.00% [2],[3]
[1] Derived from an option pricing method based on the average asset volatility of peer companies and the Company’s leverage ratio.
[2] Based on the U.S. constant maturity treasury rate with a term matching the expected time to the end of the performance measurement period.
[3] As the IPO Options are subject to the same provisions with respect to vesting as the related PIUs, the inputs for all such options were determined using the respective grant date of the related PIUs.