Property, Plant, and Equipment |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||
| Property, Plant, and Equipment | Property, Plant, and Equipment Property, plant, and equipment, net consisted of the following as of December 31, 2025 (in thousands):
As of December 31, 2025, the Company’s property, plant, and equipment, net consisted entirely of land and construction in progress. No depreciable property, plant, and equipment had been placed in service, and accordingly, no depreciation expense was recognized during the period from January 10, 2025 (Inception) through December 31, 2025. Interest expense of $18,354 was capitalized during the period from January 10, 2025 (Inception) through December 31, 2025, all of which is included within property, plant, and equipment, net on the consolidated balance sheet as of December 31, 2025.
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