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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 405,145,000 $ 536,927,000
Short-term investments 100,000,000 100,000,000
Investments in securities, available-for-sale 74,220,000 0
Accounts receivable, net 243,000 58,000
Interest receivable 811,000 1,942,000
Prepaid expenses 2,350,000 1,777,000
Other current assets 344,000 93,000
Total current assets 583,113,000 640,797,000
Long-term assets    
Restricted cash 2,415,000 0
Investments in securities, available-for-sale 27,433,000 0
Intangible assets, net 1,274,037,000 1,307,265,000
Goodwill 359,847,000 423,920,000
Property, plant and equipment, net 107,896,000 96,856,000
Operating lease right-of-use assets 2,012,000 2,212,000
Other long-term assets 420,000 0
Total assets 2,357,173,000 2,471,050,000
Current liabilities    
Accounts payable 1,984,000 617,000
Accrued liabilities 11,969,000 10,915,000
Due to related parties 230,000 142,000
Operating lease liabilities, current portion 374,000 347,000
Total current liabilities 14,557,000 12,021,000
Long-term liabilities    
Earnout Shares liability 1,404,000 1,671,000
Warrant liability 54,514,000 55,920,000
Asset retirement obligation 2,146,000 2,060,000
Noncurrent operating lease liabilities 1,630,000 1,808,000
Tax Receivable Agreement liability 10,587,000 8,937,000
Deferred taxes 30,976,000 57,719,000
Total liabilities 115,814,000 140,136,000
Commitments and contingencies (Note 15)
Mezzanine shareholders' equity    
Redeemable non-controlling interests in subsidiary 1,510,864,000 1,545,905,000
Shareholders' equity    
Preferred Stock, $.0001 par value; 1,000,000 shares authorized; no shares issued or outstanding as of June 30, 2024 (Successor) and December 31, 2023 (Successor) 0 0
Additional paid-in capital 813,083,000 851,841,000
Accumulated other comprehensive loss (67,000) 0
Accumulated deficit (82,542,000) (66,853,000)
Total shareholders' equity 730,495,000 785,009,000
Total liabilities, mezzanine shareholders' equity and shareholders' equity 2,357,173,000 2,471,050,000
Class A Common Stock    
Shareholders' equity    
Common stock, value, issued 7,000 7,000
Class B Common Stock    
Shareholders' equity    
Common stock, value, issued $ 14,000 $ 14,000