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Consolidated Statements of Shareholders' Deficit - USD ($)
shares in Thousands, $ in Thousands
Total
Cumulative effect of the adoption of ASC 350-60
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Cumulative effect of the adoption of ASC 350-60
Beginning Balance at Dec. 31, 2021 $ (24,571)   $ 2,368   $ (26,939)  
Beginning Balance, shares at Dec. 31, 2021     40,515,159      
Unit-based compensation 132       132  
Net income (loss) (61,606)       (61,606)  
Vesting of incentive units, shares     2,861,623      
Reclassification of warrants (2,267)       (2,267)  
Ending Balance at Dec. 31, 2022 (88,312)   $ 2,368 $ 0 (90,680)  
Ending Balance, shares at Dec. 31, 2022     43,376,782      
Unit-based compensation 46       46  
Net income (loss) (22,045)       (22,045)  
Vesting of incentive units, shares     1,100,696      
Ending Balance at Jun. 30, 2023 (110,311)   $ 2,368 0 (112,679)  
Ending Balance, shares at Jun. 30, 2023     44,477,478      
Beginning Balance at Dec. 31, 2022 (88,312)   $ 2,368 0 (90,680)  
Beginning Balance, shares at Dec. 31, 2022     43,376,782      
Unit-based compensation 97       97  
Net income (loss) (18,657)       (18,657)  
Vesting of incentive units, shares     2,113,766      
Issuance of class B warrants 66,215     66,215    
Issuance of class B warrants, shares     12,307,945      
Forfeitures of incentive units     137,235      
Unvested shares considered outstanding at conversion, shares     564,272      
Conversion of shares to common stock in connection with reverse merger (2,361)   $ (2,361)      
Issuance costs related to the merger (16,619)     (18,450) 1,831  
Ending Balance at Dec. 31, 2023 (59,637) $ 3 $ 7 47,765 (107,409) $ 3
Ending Balance, shares at Dec. 31, 2023     65,616,298      
Beginning Balance at Mar. 31, 2023 (99,515)   $ 2,368 0 (101,883)  
Beginning Balance, shares at Mar. 31, 2023     43,951,212      
Unit-based compensation 17       17  
Net income (loss) (10,813)   $ 0 0 (10,813)  
Vesting of incentive units, shares     526,266      
Ending Balance at Jun. 30, 2023 (110,311)   $ 2,368 0 (112,679)  
Ending Balance, shares at Jun. 30, 2023     44,477,478      
Beginning Balance at Dec. 31, 2023 (59,637) $ 3 $ 7 47,765 (107,409) $ 3
Beginning Balance, shares at Dec. 31, 2023     65,616,298      
Unit-based compensation 206     206 0  
Issuance of equity shares, value 7,283   $ 0 7,283 0  
Issuance of equity shares     6,259,130      
Net income (loss) 18,231       18,231  
Ending Balance at Jun. 30, 2024 (33,914)   $ 7 55,254 (89,175)  
Ending Balance, shares at Jun. 30, 2024     71,875,428      
Beginning Balance at Mar. 31, 2024 (60,606)   $ 7 53,271 (113,884)  
Beginning Balance, shares at Mar. 31, 2024     69,875,938      
Unit-based compensation 197   $ 0 197 0  
Issuance of equity shares, value 1,786   $ 0 1,786 0  
Issuance of equity shares     1,999,490      
Net income (loss) 24,709       24,709  
Ending Balance at Jun. 30, 2024 $ (33,914)   $ 7 $ 55,254 $ (89,175)  
Ending Balance, shares at Jun. 30, 2024     71,875,428