v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets [Abstract]    
Cash and cash equivalents $ 203,516 $ 192,829
Restricted cash—short-term 7,936 7,815
Marketable equity securities 409 357
Trade accounts receivable, net of allowance for credit losses of $7,876 and $8,086 at December 31, 2025 and 2024, respectively 70,062 61,858
Inventory 12,370 12,188
Prepaid expenses 10,567 9,893
Other current assets 17,154 8,493
Other current assets of discontinued operations 1,419 3,594
TOTAL CURRENT ASSETS 323,433 297,027
Property and equipment, net 28,303 25,246
Goodwill 12,978 12,749
Other intangibles, net 1,804 2,367
Deferred income tax assets, net 2,309 5,623
Other assets 20,553 22,365
Noncurrent assets of discontinued operations 0 4,466
TOTAL ASSETS 389,380 369,843
LIABILITIES AND EQUITY    
Trade accounts payable 41,094 31,233
Accrued expenses 50,782 48,793
Income taxes payable 28,851 30,838
Current debt, net 2,139 357
Due to IDT Corporation, net 112 135
Other Liabilities, Current 10,052 6,393
Current liabilities of discontinued operations 2,996 4,585
TOTAL CURRENT LIABILITIES 136,026 122,334
Noncurrent debt, net 6,529 8,668
Other Liabilities, Noncurrent 2,379 2,959
Noncurrent liabilities of discontinued operations 0 705
TOTAL LIABILITIES 144,934 134,666
Commitments and contingencies (Note 16 and Note 17)
EQUITY:    
Additional paid-in capital 157,763 159,192
Treasury stock, at cost, consisting of 4,492 and 3,828 shares of Class B common at December 31, 2025 and 2024, respectively (48,274) (37,486)
Accumulated other comprehensive income 4,921 3,919
Retained earnings 136,183 120,200
Total Genie Energy Ltd. stockholders’ equity 250,902 246,134
Noncontrolling interest (6,034) (10,174)
Receivable from issuance of equity (422) (783)
Total noncontrolling interests (6,456) (10,957)
TOTAL EQUITY 244,446 235,177
TOTAL LIABILITIES AND EQUITY 389,380 369,843
Series 2012-A Preferred Stock [Member]    
EQUITY:    
Preferred stock, $0.01 par value; authorized shares—10,000: Series 2012-A, designated shares—8,750; at liquidation preference, consisting of 0 shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common Class A [Member]    
EQUITY:    
Common stock 16 16
Common Class B [Member]    
EQUITY:    
Common stock $ 293 $ 293