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Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Schedule of Restricted Stock

The following table summarizes restricted stock activity during the year ended December 31, 2024:

 Schedule of Restricted Stock

		Unvested Shares				Issuable Shares				Fair Value at Date of Issuance				Weighted Average Grant Date Fair Value
Balance, December 31, 2023			125,000				-			$	418,750				3.35
Granted			425,000				-				1,793,500				4.22
Vested			(241,666	)			241,666				-				-
Forfeited			-				-				-				-
Issued			-				(241,666	)			(731,400	)			-
Balance, December 31, 2024			308,334				-			$	1,480,850			$	3.99

Schedule of Stock Options

A summary of stock option activity is presented below:

 Schedule of Stock Options

		Number of				Weighted Average
		Options				Exercise Price
Stock options outstanding at December 29, 2023			743,116				4.43
Granted			-				-
Exercised			-				-
Expired or forfeited			-				-
Stock options outstanding at December 31, 2023			743,116			$	4.43
Granted			3,405,500				4.01
Exercised			(2,843	)			3.35
Expired or forfeited			(23,943	)			(1.05	)
Stock options outstanding at December 31, 2024			4,121,830			$	4.28
Stock options exercisable at December 31, 2024			2,395,125			$	4.32

Schedule of Stock-based Compensation Expense

Stock option expense was as follows:

 Schedule of Stock-based Compensation Expense

		Successor				Successor				Predecessor
		2024				December 30 to December 31, 2023				January 1, 2023 to December 29, 2023
Stock option expense		$	8,031,290			$	5,000,000			$	1,942

Schedule of Options Summarized by Exercise Price

The exercise prices of common stock options outstanding and exercisable at December 31, 2024 are as follows:

 Schedule of Options Summarized by Exercise Price

Exercise Prices				Options Outstanding (Shares)				Options Exercisable (Shares)
$	1.00				61,004				61,000
$	1.05				9,500				9,500
$	1.50				400,000				400,000
$	2.50				50,000				50,000
$	3.00				100,000				100,000
$	3.35				92,166				76,728
$	4.22				3,405,500				1,694,236
$	363.17				3,660				3,661
					4,121,830				2,395,125

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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