v3.26.3
Commitments and Contingencies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]    
Schedule of Environmental Costs   The following table displays the activity and balances associated with accruals related to these environmental costs included within Accrued expenses and other current liabilities and Other long-term liabilities on the Combined Balance Sheets:

 

 

Amount

 

Beginning balance as of January 1, 2024

 

$

—

 

Assumed liabilities in connection with the Arxis Businesses Transaction

 

51,679

 

Additions to accrual ‎

 

‎73‎

 

Payments

 

‎—‎

 

Ending balance as of December 31, 2024

 

$

51,752

 

Additions to accrual‎

 

‎—‎

 

Payments

 

‎(461‎

)

Ending balance as of December 31, 2025

 

$

51,291

 

Schedule of estimated future payments for the undiscounted environmental investigation and remediation liability The following represents estimated future payments for the undiscounted environmental investigation and remediation liability related to the Bloomfield campus as of June 30, 2026:

 

Year Ending December 31,

 

Amount

 

Remaining portion of 2026

 

$

132

 

2027

 

 

195

 

2028

 

 

289

 

2029

 

 

465

 

2030

 

 

76

 

Thereafter

 

 

3,793

 

Total

 

$

4,950

 

 

The following represents estimated future payments for the undiscounted environmental investigation and remediation liability related to the Bloomfield campus as of December 31, 2025:

 

Year Ending December 31,‎

 

Amount

 

‎2026

 

$

261

 

‎2027

 

‎190‎

 

‎2028

 

‎283‎

 

‎2029

 

‎459‎

 

‎2030

 

‎70‎

 

Thereafter

 

‎3,740‎

 

Total

 

$

5,003