v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents [1] $ 24,408 $ 24,310
Accounts receivable, net of allowance of $469 and $—, respectively (2) [1],[2] 61,806 46,535
Restricted cash - current [1] 1,210 972
Contract assets [1] 8,276 11,075
Parts inventory [1] 10,964 10,294
Prepaid expense and other current assets [1] 16,018 23,583
Total current assets [1] 122,682 116,769
Property, plant, and equipment, net [1] 495,634 458,258
Investments in other entities [1] 231,223 223,594
Net investment in sales-type lease [1] 8,224 0
Restricted cash - non-current [1] 2,700 2,298
Goodwill [1] 54,608 54,608
Other long-term assets [1] 44,398 25,550
Total assets [1] 959,469 881,077
Current liabilities:    
Accounts payable [1],[3] 19,004 17,111
Contract liabilities [1] 6,296 9,276
Loan, current portion [1] 15,062 12,621
Accrued expenses and other current liabilities [1] 63,857 64,588
Total current liabilities [1] 104,219 103,596
Loan, net of debt issuance costs [1] 337,063 285,003
Other long-term liabilities [1] 20,430 27,446
Total liabilities [1] 461,712 416,045
Commitments and contingencies Note 15
Stockholders' deficit    
Accumulated deficit (1,307) (137,004)
Accumulated other comprehensive (loss) income (26) 152
Class A common stock in treasury, at cost; 1,635,783 shares as of December 31, 2025 and 2024 (11,614) (11,614)
Total stockholders' deficit attributable to the Company (12,930) (148,449)
Non-redeemable non-controlling interests 2,789 618
Total stockholders' deficit (10,141) (147,831)
Total liabilities, redeemable preferred, redeemable non-controlling interests and stockholders' deficit 959,469 881,077
Redeemable preferred non-controlling interests    
Current liabilities:    
Redeemable non-controlling interests 130,000 130,000
Redeemable non-controlling interests    
Current liabilities:    
Redeemable non-controlling interests 377,898 482,863
Common Class A    
Stockholders' deficit    
Common stock $ 3 $ 3
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common Class B    
Stockholders' deficit    
Common stock $ 12 $ 7
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common Class C    
Stockholders' deficit    
Common stock $ 0 $ 0
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common Class D    
Stockholders' deficit    
Common stock $ 2 $ 7
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
[1] Includes amounts related to consolidated VIEs, which are presented separately in the table below.
[2] Includes related‑party amounts of $13,318 and $14,522 as of December 31, 2025 and 2024, respectively.
[3] Includes related‑party amounts of $8,951 and $7,932 as of December 31, 2025 and 2024, respectively.