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v3.25.3

Common Units & Common Stock (Details) $ / shares in Units, $ in Thousands | Sep. 11, 2025 USD ($) $ / shares shares | Sep. 30, 2025 USD ($) vote $ / shares shares | Sep. 15, 2025 $ / shares shares | Sep. 10, 2025 class | Dec. 31, 2024 USD ($) shares
--- | --- | --- | --- | --- | ---
Class of Stock [Line Items] |  |  |  |  |
Common stock, shares authorized (in shares) |  |  | 1,100,000,000 |  |
Common stock, par value (in dollars per share) | $ / shares |  |  | $ 0.001 |  |
Number of classes of common units | class |  |  |  | 3 |
Common units, issued (in shares) |  | 0 |  |  | 50,761,000
Common units, outstanding (in shares) |  | 0 |  |  | 50,761,000
Convertible Notes |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Aggregate Principal Amount | $ | $ 228,000 | $ 200,000 |  |  | $ 200,000
Class A common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Common stock, shares authorized (in shares) | 1,000,000,000.0 | 1,000,000,000 |  |  | 0
Common stock, par value (in dollars per share) | $ / shares | $ 0.001 | $ 0.001 | 0.001 |  |
Common stock, shares issued (in shares) |  | 42,518,964 |  |  | 0
Common stock, shares outstanding (in shares) |  | 42,518,964 |  |  | 0
Number of votes for each share of common stock held | vote |  | 1 |  |  |
Number of shares resulting from conversion of stock (in shares) | 300,000 |  |  |  |
Class A common stock | Convertible Preferred Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of equity (in shares) | 15,100,000 |  |  |  |
Common Class A, Vested Incentive Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of stock (in shares) | 5,000,000.0 |  |  |  |
Common Class A, Unvested Incentive Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of stock (in shares) | 4,400,000 |  |  |  |
Class B common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Common stock, shares authorized (in shares) | 100,000,000.0 | 100,000,000 |  |  | 0
Common stock, par value (in dollars per share) | $ / shares | $ 0.001 | $ 0.001 | $ 0.001 |  |
Common stock, shares issued (in shares) |  | 75,126,784 |  |  | 0
Common stock, shares outstanding (in shares) |  | 75,126,784 |  |  | 0
Number of votes for each share of common stock held | vote |  | 10 |  |  |
Common stock conversion ratio |  | 1 |  |  |
Number of shares resulting from conversion of stock (in shares) | 4,600,000 |  |  |  |
Class B common stock | Convertible Notes |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of debt (in shares) | 10,200,000 |  |  |  |
Price per share resulting from converted debt (in dollars per share) | $ / shares | $ 22.40 |  |  |  |
Percentage of IPO price, resulting from converted debt | 80.00% |  |  |  |
Class B common stock | Convertible Preferred Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of equity (in shares) | 39,400,000 |  |  |  |
Class B common stock | Founders |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Minimum percentage of outstanding common stock held, triggering automatic conversion of stock |  | 20.00% |  |  |
Common Class B, Incentive Units Held By Founders |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of shares resulting from conversion of stock (in shares) | 100,000 |  |  |  |
Basic Common Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of outstanding units converted (in shares) | 1,100,000 |  |  |  |
Capital Common A Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of outstanding units converted (in shares) | 15,000,000.0 |  |  |  |
Incentive Units |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Number of outstanding units converted (in shares) | 55,200,000 |  |  |  |
IPO | Class A common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Shares issued and sold (in shares) | 15,900,000 |  |  |  |
Public offering price of shares issued and sold (in dollars per share) | $ / shares | $ 28.00 |  |  |  |
Over-Allotment Option, Company | Class A common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Shares issued and sold (in shares) | 300,000 |  |  |  |
Over-Allotment Option, Stockholders | Class A common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Shares issued and sold (in shares) | 500,000 |  |  |  |
Private Placement | Class A common stock |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |
Shares issued and sold (in shares) | 1,900,000 |  |  |  |
Public offering price of shares issued and sold (in dollars per share) | $ / shares | $ 26.25 |  |  |  |

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