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Long-Term Debt and Notes Payable (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Dec. 31, 2023
Long-Term Debt and Notes Payable [Abstract] |  |
Schedule of Debt Instruments | The Company’s debt instruments are as follows:
|  | March 31, 2024 |  |  | December 31, 2023 |
Senior Secured Term Loan |  | $ | 26,793,529 |  |  | $ | 27,680,703 |
Predecessor Revolving Credit Facility |  |  | - |  |  |  | - |
Seller Promissory Note |  |  | 15,000,000 |  |  |  | 15,000,000 |
Private loans |  |  | 3,685,750 |  |  |  | 3,469,500 |
Total |  |  | 45,479,279 |  |  |  | 46,150,203 |
Less: discount |  |  | (1,558,074 | ) |  |  | (2,147,346 | )
Less: current portion including discount |  |  | (12,535,494 | ) |  |  | (6,516,651 | )
Long-term debt, net of current portion |  | $ | 31,385,711 |  |  | $ | 37,486,206 |
| The Company’s debt instruments are as follows:
|  | December 31, 2023 |  |  | December 31, 2022 |
|  | Successor |  |  | Predecessor |
Senior Secured Term Loan |  | $ | 27,680,703 |  |  | $ | - |
Predecessor Revolving Credit Facility |  |  | - |  |  |  | 26,750,000 |
Seller Promissory Note |  |  | 15,000,000 |  |  |  | - |
Private loans |  |  | 3,469,500 |  |  |  | - |
Total |  |  | 46,150,203 |  |  |  | 26,750,000 |
Less: discount |  |  | (2,147,346 | ) |  |  | - |
Less: current portion including discount |  |  | (6,516,651 | ) |  |  | - |
Long-term debt, net of current portion |  | $ | 37,486,206 |  |  | $ | 26,750,000 |
Schedule of Summarizes the Company’s Maturities of Debt Instruments | The following summarizes the Company’s maturities of debt instruments:
|  | Principal |
Twelve Months Ended: |  |  |  |
March 31, 2025 |  | $ | 13,098,952 |
March 31, 2027 |  |  | 5,813,434 |
March 31, 2028 |  |  | 26,566,893 |
March 31, 2029 |  |  | — |
Total |  | $ | 45,479,279 |
| The following summarizes the Company’s maturities of debt instruments:
|  | Principal |
Fiscal year ended: |  |  |
December 31, 2024 |  | $ | 7,627,102 |
December 31, 2025 |  |  | 10,558,077 |
December 31, 2026 |  |  | 27,965,024 |
December 31, 2027 |  |  | — |
Total |  | $ | 46,150,203 |

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