v3.26.3
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Notes Payable

The Company has the following notes payable under equipment financing arrangements associated with CCCI (in thousands):

 

  

Successor - AIAI

June 30, 2026

  

Predecessor - CCCI

December 31, 2025

 
         
Note payable due in monthly installments of $13,195, at 0.00% stated interest, 8.75% imputed interest, maturing October 2028, secured by certain equipment  $345   $396 
           
Note payable due in monthly installments of $8,676, at 0.00% stated interest, 8.75% imputed interest, maturing October 2027, secured by certain equipment   134    176 
           
Note payable due in monthly installments of $14,043, at 6.89% stated interest, 8.50% imputed interest, maturing January 2028, secured by certain equipment   254    321 
           
Note payable due in monthly installments of $18,176, at 5.99% stated interest, 8.50% imputed interest, maturing February 2028, secured by certain equipment   345    430 
           
Note payable due in monthly installments of $9,567, at 5.99% stated interest, 8.50% imputed interest, maturing April 2028, secured by certain equipment   199    242 
           
Note payable due in monthly installments of $8,865, at 3.99% stated interest, 8.50% imputed interest, maturing May 2028, secured by certain equipment   192    231 
           
Note payable due in monthly installments of $2,923, at 0.00% stated interest, 8.50% imputed interest, maturing June 2029, secured by certain equipment   96    106 
           
Note payable due in monthly installments of $1,594, at 0.00% stated interest, 8.50% imputed interest, maturing July 2029, secured by certain equipment   54    59 
           
Note payable due in monthly installments of $73,514, at 5.20% stated interest, 8.50% imputed interest, maturing September 2028, secured by certain equipment   1,853    2,156 
           
Note payable due in monthly installments of $4,422, at 0.00% stated interest, 8.00% imputed interest, maturing October 2029, secured by certain equipment   160    173 
           
Note payable due in monthly installments of $7,899, at 0.00% stated interest, 8.00% imputed interest, maturing November 2029, secured by certain equipment   292    315 
           
Note payable due in monthly installments of $1,438, at 0.00% stated interest, 8.00% imputed interest, maturing December 2030, secured by certain equipment   68    70 
           
Note payable due in monthly installments of $19,987 at 0.00% stated interest, 8.00% imputed interest, maturing November 2027, secured by certain equipment   327    425 
           
Note payable due in monthly installments of $1,473, at 0.00% stated interest, 7.75% imputed interest, maturing April 2031, secured by certain equipment   74    — 
          
Note payable due in monthly installments of $17,084, at 5.20% stated interest, 7.75% imputed interest, maturing May 2029, secured by certain equipment   551    — 
Note payable  $4,944   $5,100 
Less: Current portion   (2,215)   (1,849)
Note payable non-current  $2,729   $3,251 
Summary of Future Maturities of Long-Term Debt

Future maturities of debt, inclusive of the Vanguard Founder Loan and Founder Loan discussed within Note 5, Related Party Transactions, for the years following June 30, 2026 are as follows (in thousands):

 

 

Period  Amount 
2026 (remaining 6 months)  $9,776 
2027   22,641 
2028   6,201 
2029   89 
2030   23 
Thereafter   — 
Total payments  $38,730 
Schedule of Debt Facilities

A reconciliation of the debt facilities discussed above to amounts presented on the unaudited condensed consolidated balance sheet as of June 30, 2026 (Successor) is as follows (in thousands):

 

   Short-term debt - third parties   Current portion of long-term debt   Long-term debt, net of current portion   Short-term debt - related parties   Long-term debt - related parties   Total 
CCCI equipment financing arrangements  $—   $2,215   $2,729   $—   $—   $4,944 
CCCI Revolving Credit Note   —    5,541    8,300    —    —    13,841 
CCCI Revolving Line of Credit   —    —    7,917    —    —    7,917 
MediGuide indebtedness - third parties   1,548    —    —    —    —    1,548 
Vanguard indebtedness - third parties   1,497    —    —    —    —    1,497 
Vanguard Founder Loan   —    —    —    1,853    —    1,853 
Founder Loan   —    —    —    —    7,130    7,130 
Total debt  $3,045   $7,756   $18,946   $1,853   $7,130   $38,730