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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
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 rate1.6 %
Expected price volatility50.0 %
Cost of equity23.6 %
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:

SuccessorPredecessor
Period from January 27, 2022 through December 31, 2022Period from January 1, 2022 through January 26, 2022Year Ended December 31, 2021
Stock-based compensation expense$106,943 $23,705 $413 
Performance Period*Fixed AmountTier 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, 20233,333 3,333 3,750 — 10,416 
Dec. 31, 20243,334 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:
SharesWeighted-Average Grant Date Fair Value per Share
Unvested as of January 27, 2022— $— 
Granted7,488 *$9.94 
Vested(1,221)*$10.31 
Forfeited(804)$10.13 
Unvested as of December 31, 20225,463 $9.83 
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*Excludes the 2,900 market-based RSUs and RSAs discussed above.