v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 425,998 $ 537,522
Current portion of restricted cash 3,245 2,612
Accounts receivable, net 78,831 119,960
Current portion of net investments in sales-type leases 45,367 43,471
Other current assets 55,898 50,714
Total current assets 609,339 754,279
Restricted cash 14,838 14,361
Property and equipment, net 2,098,767 1,622,896
Intangible assets, net 365,378 0
Goodwill 249,240 0
Operating lease right-of-use assets 177,123 4,563
Net investments in sales-type leases 353,817 376,814
Investment in equity method investee 19,801 19,295
Deferred tax assets, net 31,295 27,559
Other assets 90,482 63,448
Total assets 4,010,080 2,883,215
Current liabilities    
Accounts payable 20,586 7,135
Accrued liabilities and other liabilities 101,902 70,022
Current portion of deferred revenue 34,670 58,185
Current portion of long-term debt 20,097 46,793
Current portion of long-term debt - related party 9,291 8,943
Current portion of operating lease liabilities 23,217 1,551
Current portion of finance lease liabilities 24,212 23,475
Total current liabilities 233,975 216,104
Long-term debt, net 926,141 286,760
Long-term debt, net - related party 156,836 161,952
Operating lease liabilities 149,098 3,447
Finance lease liabilities 156,457 167,908
TRA liability 58,955 58,736
Asset retirement obligations 50,163 43,690
Long-term deferred revenues 27,430 27,722
Other long-term liabilities 101,622 28,395
Total liabilities 1,860,677 994,714
Commitments and contingencies (Note 20)
Additional paid-in capital 633,700 467,429
Retained earnings 84,898 72,322
Accumulated other comprehensive income (loss) 113 502
Treasury stock (2,674,030 shares as of June 30, 2025 and 2,564,058 shares as of December 31, 2024) (54,688) (52,375)
Non-controlling interest 1,485,263 1,400,515
Total equity 2,149,403 1,888,501
Total liabilities and equity 4,010,080 2,883,215
Common Class A Member    
Current liabilities    
Common stock Value 35 26
Common Class B Member    
Current liabilities    
Common stock Value $ 82 $ 82