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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-Based Payment Arrangement [Abstract] |
Schedule of Assumptions Used To Determine Fair Value of Market-Based RSUs and RSAs | The key assumptions used to determine the fair value of these market-based RSUs and RSAs were as follows:
Risk-free interest rate | 1.6 | %
Expected price volatility | 50.0 | %
Cost of equity | 23.6 | %
Expected term (years) | 5
Fair value of Class A Common stock | $ | 10.00 |
Schedule of Total Stock-Based Compensation Expense | The Company recorded the following total stock-based compensation expense:
| Successor |  |  | Predecessor
| Period from January 27, 2022 through December 31, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Year Ended December 31, 2021
Stock-based compensation expense | $ | 106,943 |  |  |  | $ | 23,705 |  |  | $ | 413 |
Performance Period* |  | Fixed Amount |  | Tier 1 Amount** |  | Tier 2 Amount** |  | Tier 3 Amount** |  | Total Maximum Payment per Performance Period
Dec. 31, 2022 |  | $ | 3,333 |  |  | $ | 3,333 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,666 |
Dec. 31, 2023 |  | 3,333 |  |  | 3,333 |  |  | 3,750 |  |  | — |  |  | 10,416 |
Dec. 31, 2024 |  | 3,334 |  |  | 3,334 |  |  | 3,750 |  |  | 7,500 |  |  | 17,918 |
|  | $ | 10,000 |  |  | $ | 10,000 |  |  | $ | 7,500 |  |  | $ | 7,500 |  |  | $ | 35,000 |
*Payments for each applicable Performance Period are paid within 60 calendar days of the end of the applicable Performance Period.
**If the Tier 1 Amount is not achieved in the first Performance Period but is achieved in the second Performance Period, the Tier 1 Amount for the first Performance Period shall be paid out at the end of the second Performance Period and if achieved in the third Performance period the full amount will be paid at the end of the third Performance Period. If the Tier 2 Amount is not achieved in the second Performance Period but is achieved in the third Performance Period, the Tier 2 Amount will be paid at the end of the third Performance Period. If the Tier 2 Amount or the Tier 3 Amount is achieved in the first Performance Period, such Tier Amounts shall be paid as noted in the table above.
Schedule of RSU Activity | The following summarizes RSU activity:
| Shares |  | Weighted-Average Grant Date Fair Value per Share
Unvested as of January 27, 2022 | — |  |  | $ | — |
Granted | 7,488 |  | * | $ | 9.94 |
Vested | (1,221) |  | * | $ | 10.31 |
Forfeited | (804) |  |  | $ | 10.13 |
Unvested as of December 31, 2022 | 5,463 |  |  | $ | 9.83 |
____________________ *Excludes the 2,900 market-based RSUs and RSAs discussed above.

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