v3.25.3
Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Common Stock, par value $ 0.001 $ 0.001
Common Stock, shares authorized 141,250,000 0
Common Stock, shares issued 31,050,000 0
Common Stock, shares outstanding 31,050,000 0
Preferred Stock    
Preferred Stock, par value $ 0.001 $ 0.001
Preferred Stock, shares authorized 50,000,000 200,000,000
Series A Convertible Preferred Stock    
Preferred Stock, par value $ 0.001 $ 0.001
Preferred Stock, shares authorized 0 200,000
Preferred Stock, shares issued 0 200,000
Preferred Stock, shares outstanding 0 200,000
Preferred Stock, liquidation preference, value $ 0 $ 203,400
Class A Common stock    
Common Stock, par value $ 0.001 $ 0.001
Common Stock, shares authorized 31,250,000 350,000,000
Common Stock, shares issued 22,342,584 21,970,817
Common Stock, shares outstanding 22,342,584 21,970,817
Class T Common stock    
Common Stock, par value $ 0.001 $ 0.001
Common Stock, shares authorized 2,500,000 350,000,000
Common Stock, shares issued 2,043,173 2,038,466
Common Stock, shares outstanding 2,043,173 2,038,466