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Per Share Data (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Computation of Basic and Diluted (Net Loss) Earnings Per Share

The following table sets forth the computation of basic and diluted (net loss) earnings per share:

 

 

Successor

 

 

 

Predecessor

 

 

Three Months Ended

 

 

 

Three Months Ended

 

 

September 30, 2025

 

 

 

September 28, 2024

 

Numerator:

 

 

 

 

 

 

Net loss

$

(57,516

)

 

 

$

(46,192

)

Denominator:

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

9,987

 

 

 

 

79,732

 

Effect of dilutive common stock equivalents

 

 

 

 

 

 

Weighted average diluted common shares outstanding

 

9,987

 

 

 

 

79,732

 

Net loss per share

 

 

 

 

 

 

Basic

$

(5.76

)

 

 

$

(0.58

)

Diluted

$

(5.76

)

 

 

$

(0.58

)

 

 

 

Successor

 

 

 

Predecessor

 

 

Period from

 

 

 

Period from

 

 

 

 

 

June 25, 2025

 

 

 

December 29, 2024

 

 

Nine Months Ended

 

 

through September 30, 2025

 

 

 

through June 24, 2025

 

 

September 28, 2024

 

Numerator:

 

 

 

 

 

 

 

 

 

Net (loss) income

$

(56,262

)

 

 

$

1,118,103

 

 

$

(370,824

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

9,987

 

 

 

 

80,271

 

 

 

79,474

 

Effect of dilutive common stock equivalents

 

 

 

 

 

727

 

 

 

 

Weighted average diluted common shares outstanding

 

9,987

 

 

 

 

80,998

 

 

 

79,474

 

(Net loss) earnings per share

 

 

 

 

 

 

 

 

 

Basic

$

(5.63

)

 

 

$

13.93

 

 

$

(4.67

)

Diluted

$

(5.63

)

 

 

$

13.80

 

 

$

(4.67

)