Note 9 - Other Current Assets and Other Assets |
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| Other Assets Disclosure [Text Block] |
Note 9 — Other Current Assets and Other Assets
Other current assets consist of the following:
In the fourth quarter of 2025, the Company evaluated the financial viability of solar construction projects for commercial and industrial customers (C&I Projects) after the enactment of the OBBB. The Company decided to discontinue several C&I Projects and market other projects for sale to other contractors to continue the projects. The costs related to the C&I projects are included in the prepaid expense account in the consolidated balance sheet. The Company recorded an aggregate of $0.2 million impairment of assets related to the C&I Projects. In the fourth quarter of 2025, the Company transferred $0.4 million worth of solar panels that were allocated to discontinued C&I projects of Genie Solar from prepaid expenses to inventories.
In the fourth quarter of 2025, the Company initiated a plan to sell an uncompleted C&I Project to another contractor. The carrying value of C&I Project included in the prepaid expense account of $1.1 million was reclassified as assets and liabilities held for sale and reported at the lower of cost and fair value less cost to sell. The Company used the market approach to estimate the fair values of assets held for sale based on the current offer from independent third parties.
Other assets consist of the following:
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