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Combined and Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 23,231 $ 35,506
Restricted cash 24,320 2,737
Accounts receivable 12,245 16,532
Other assets 16,273 14,390
Property, plant and equipment, net 1,695 2,274
Other intangible assets, net 6,541 10,237
Goodwill 58,014 57,683
Total Assets 2,087,373 1,654,283
Liabilities    
Accounts payable and accrued expenses 95,208 69,975
Other liabilities 4,179 4,860
Current tax liabilities 855  
Deferred tax liabilities 101,957 2,193
Notes payable, net 1,409,039 1,194,726
Total Liabilities 1,611,238 1,271,754
Stockholder's Equity    
Common Stock par value $0.0001 per share; 330,000,000 shares and 0 shares authorized as of December 31, 2025 and December 31, 2024 and 58,298,923 and 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 6  
Additional paid-in capital (49,549)  
Retained earnings 522,632 398,122
Accumulated other comprehensive income (loss) 3,046 (15,593)
Total stockholder's equity 476,135 382,529
Total Liabilities and Stockholder's Equity 2,087,373 1,654,283
Investments in receivables, net    
Assets    
Receivables, net 1,928,742 1,497,748
Credit card receivables    
Assets    
Receivables, net $ 16,312 $ 17,176