Emile Hirsch Welcomes Baby Boy

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Just a mere month after it came to light that Emile Hirsch was expecting a baby with his ex, the actor is a father.

A source says that the baby has been born and that it's a boy named Valor.

Yet another source revealed that the new parents are "not dating" but that Hirsch is "doing the right thing and will be taking care of her and his baby financially."

As an informant initially told Us Weekly, "He's trying to be a good guy in the situation. He still has love for the girl -- it's just his schedule and life did not fit in with having a relationship."

For his part, Hirsch has kept mum about the whole situation but has been photographed holding his new baby.