Successor

Predecessor

Three Months Ended

March 31, 2026

March 29, 2025

Numerator:

Net loss

$

(52,000

)

$

(72,585

)

Denominator:

Weighted average shares of common stock outstanding

9,996

80,129

Effect of dilutive common stock equivalents

—

—

Weighted average diluted common shares outstanding

9,996

80,129

Net loss per share

Basic

$

(5.20

)

$

(0.91

)

Diluted

$

(5.20

)

$

(0.91

)