XML 59 R44.htm IDEA: XBRL DOCUMENT v3.24.0.1
PROFITS INTEREST UNITS (Tables)
12 Months Ended
Dec. 31, 2023
PROFITS INTEREST UNITS  
Schedule of activity of all PIUs

Weighted-Average

 Grant-Date

    

Number of PIUs

    

 Fair Value

Balance at January 1, 2021

 

27,424,962

$

0.43

Forfeited

 

(1,266,068)

0.34

Converted at IPO in connection with the Reorganization

 

(26,158,894)

0.43

Balance at December 31, 2021

 

$

Schedule of assumptions in conjunction with the Contingent Claims Analysis Model to estimate the fair value of the PIUs

The Company used the following assumptions in conjunction with the Contingent Claims Analysis Model to estimate the fair value of the PIUs:

Year Ended

    

December 31, 2021

Expected volatility

55.00

%  

Risk-free interest rate

0.20

%  

Expected term (in years)

 

3.2

 

Expected dividend yield

 

%