v3.26.1
Segment Information
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
As of December 31, 2025 and 2024, the Company has one reportable segment, which sells electricity to homeowners and provides related services to the homeowners, as well as to third party owners.

The Company’s CODM is its CEO who is focused on strategic planning aimed at generating revenue and monetizing the Company’s home solar energy systems and its ability to provide top-tier related servicing solutions to its customers and third-parties. The CEO is provided on a quarterly basis with the Company’s consolidated segment expenses for the year ended 2024, which the CEO utilizes to assess the Company’s performance and for making decisions about resource allocation. For the year ended December 31, 2025, the information being provided to the CEO is at a lower level of aggregation as a result the Company has recast the prior period. The following tables presents the Company’s significant segment expenses for the years ended December 31, 2025 and 2024:
Years Ended
December 31,
(Amounts in thousands)20252024
Revenues$111,812 $82,107 
Cost of revenues - solar energy systems depreciation29,139 23,377 
Cost of revenues - operations and maintenance9,764 16,597 
Selling, general and administrative expenses - professional services15,742 20,007 
Selling, general and administrative expenses - compensation and benefits27,189 26,713 
Selling, general and administrative expenses - other12,182 12,169 
Interest expense, net50,918 40,232 
Litigation settlements1,711 7,384 
Impairment of goodwill— 28,757 
Other segment items(9,126)(23,076)
Net loss$(25,707)$(70,053)
No segment asset information is presented in these consolidated financial statements since the CEO does not review segment information at a different level or category other than that presented on the Company’s consolidated balance sheets as of December 31, 2025 and 2024.