v3.26.1
Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

 

 

 

Successor

 

 

 

Predecessor

 

 

 

June 30, 2026

 

 

 

December 31, 2025

 

 

 

(in millions)

 

 

 

(in millions)

 

Prepaid insurance

 

$

0.7

 

 

 

$

0.7

 

Other prepaid expenses

 

 

0.8

 

 

 

 

0.3

 

Other current assets

 

 

0.2

 

 

 

 

 

Total

 

$

1.7

 

 

 

$

1.0

 

Schedule of Accrued Liabilities

Accrued liabilities consist of the following:

 

 

 

Successor

 

 

 

Predecessor

 

 

 

June 30, 2026

 

 

 

December 31, 2025

 

 

 

(in millions)

 

 

 

(in millions)

 

Accrued payroll, bonus, and employee benefits

 

$

3.1

 

 

 

$

3.9

 

Contingent loss accrual(1)

 

 

3.5

 

 

 

 

 

Accrued services(2)

 

 

1.3

 

 

 

 

0.9

 

Rail car repair accrual(3)

 

 

0.8

 

 

 

 

0.7

 

Well capping accrual

 

 

0.3

 

 

 

 

0.3

 

Accrued insurance services

 

 

 

 

 

 

0.5

 

Other accruals

 

 

0.5

 

 

 

 

0.1

 

Total

 

$

9.5

 

 

 

$

6.4

 

(1)
Estimated contingent loss related to a legal case settlement. Refer to Note 14, Commitments and Contingencies, for further information.
(2)
Accrued services primarily consist of professional services related to investigating potential acquisitions and other routine services.
(3)
Rail car accrual represents the expected cost of disposing of or repairing leased railcars.