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Property, Plant, and Equipment
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
NOTE 4 — Property, Plant and Equipment
The following table summarizes the key classifications of property, plant and equipment included in the condensed consolidated balance sheets:
June 30, 2024 (Successor)December 31, 2023 (Successor)
Demonstration Plant, gross$89,239 $89,239 
Furniture and equipment, gross729 320 
Construction in progress31,425 14,443 
Total property, plant and equipment, gross121,393 104,002 
Accumulated depreciation(13,497)(7,146)
Total property, plant and equipment, net$107,896 $96,856 
The following table presents the Company’s depreciation expense for the following periods:
Period fromPeriod from
April 1 – June 30, 2024 (Successor)June 8 – June 30, 2023 (Successor)April 1 – June 7, 2023 (Predecessor)January 1 - June 30, 2024 (Successor)June 8 – June 30, 2023 (Successor)January 1 – June 7, 2023 (Predecessor)
Depreciation expense
$3,176 $800 $2,433 $6,353 $800 $5,700