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Income Taxes | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Income Taxes | 11. Income Taxes No federal tax provision has been provided for the periods ended December 31, 2023, December 30, 2023 to December 31, 2023, and January 1, 2023 to December 29, 2023, due to the losses incurred during the periods. Reconciled below is the difference between the income tax rate computed by applying the U.S. federal statutory rate and the effective tax rates for the respective period: Schedule of Income Tax Effective Tax Rate
|  | Year Ended December 31, 2024 |  |  | December 30 to December 31, 2023 |  |  | January 1, 2023 to December 29, 2023 |
|  | Successor |  |  | Predecessor |
|  | Year Ended December 31, 2024 |  |  | December 30 to December 31, 2023 |  |  | January 1, 2023 to December 29, 2023 |
U.S. federal statutory tax rate |  | $ | (21.0 | )% |  | $ | (21.0 | )% |  | $ | (21.0 | )%
State income taxes, net of federal tax benefit |  |  | (6.0 | )% |  |  | (6.0 | )% |  |  | (6.0 | )%
Change in valuation allowance |  |  | 27.0 | % |  |  | 27.0 | % |  |  | 27.0 | %
Effective tax rate |  | $ | 0.0 | % |  | $ | 0.0 | % |  | $ | 0.0 | %
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets as of December 31, 2024 and 2023 are summarized below. Schedule of Deferred Tax Assets and Liabilities
|  | Year Ended December 31, 2024 |  |  | December 30 to December 31, 2023 |  |  | January 1, 2023 to December 29, 2023 |
|  | Successor |  |  | Predecessor |
|  | Year Ended December 31, 2024 |  |  | December 30 to December 31, 2023 |  |  | January 1, 2023 to December 29, 2023 |
Deferred tax assets |  |  |  |  |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 7,763,000 |  |  | $ | 6,890,000 |  |  | $ | 6,331,000 |
Share-based compensation |  |  | 4,941,000 |  |  |  | 1,795,000 |  |  |  | 455,000 |
163(j) disallowed interest |  |  | 2,695,000 |  |  |  | 2,384,000 |  |  |  | 3,063,000 |
Operating lease liability |  |  | 397,000 |  |  |  | 91,000 |  |  |  | - |
Property and equipment |  |  | 74,000 |  |  |  | 82,000 |  |  |  |  |
Gross deferred taxes |  |  | 15,870,000 |  |  |  | 11,242,000 |  |  |  | 9,849,000 |
Less: valuation allowance |  |  | (15,870,000 | ) |  |  | (11,157,000 | ) |  |  | (8,671,000 | )
Total deferred tax assets |  | $ | - |  |  | $ | 85,000 |  |  | $ | 1,178,000 |
Deferred tax liabilities |  |  |  |  |  |  |  |  |  |  |  |
Intangible assets |  |  | (738,000 | ) |  |  | (1,800,000 | ) |  |  |  |
Operating lease right-of-use asset |  |  | (385,000 | ) |  |  | (85,000 | ) |  |  |  |
Property and equipment |  |  | - |  |  |  | - |  |  |  | (1,178,000 | )
Total deferred tax liabilities |  |  | (1,123,000 | ) |  |  | (1,885,000 | ) |  |  | (1,178,000 | )
Net deferred tax liability |  | $ | (1,123,000 | ) |  | $ | (1,800,000 | ) |  | $ | - |
In assessing the potential realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the Company attaining future taxable income during the periods in which those temporary differences become deductible. As of December 31, 2024 and 2023, management was unable to determine if it is more likely than not that the Company’s deferred tax assets will be realized and has therefore recorded an appropriate valuation allowance against deferred tax assets at such dates. At December 31, 2024, the Company has available net operating loss carryforwards for federal and state income tax purposes of approximately $48,317,000. Federal net operating losses, if not utilized earlier, will begin to expire in the year ending December 31, 2032, subject to Internal Revenue Service limitations, including change in ownership regulations.

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