Note 1 - Restatement of Previously Issued Financial Statements (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

		*December 31,*
(in thousands)		*2024*				*2024*				*2024*
		(As Reported)				(Adjustments)				(As Restated)

Cash and cash equivalents		$	104,456			$	88,373			$	192,829
Restricted cash—short-term			26,608				(18,793	)			7,815
Total current assets			227,447				69,580				297,027
Restricted cash—long-term			69,580				(69,580	)			—
Deferred income tax assets, net			7,055				(1,432	)			5,623
Total assets			371,275				(1,432	)			369,843

Income taxes payable			9,196				21,642				30,838
Current captive insurance liability			9,120				(9,120	)			—
Total current liabilities			109,812				12,522				122,334
Noncurrent captive insurance liability			69,580				(69,580	)			—
Total liabilities			191,724				(57,058	)			134,666

Retained earnings			64,574				55,626				120,200
Total Genie Energy Ltd. stockholders’ equity			190,508				55,626				246,134
Total equity			179,551				55,626				235,177
Total liabilities and equity			371,275				(1,432	)			369,843

		*Year ended December 31,*												*Year ended December 31,*
(in thousands, except per share data)		*2024*				*2024*				*2024*				*2023*				*2023*				*2023*
		(As Reported)				(Adjustments)				(As Restated)				(As Reported)				(Adjustments)				(As Restated)

Provision for captive insurance liability		$	33,612			$	(33,612	)		$	—			$	45,088			$	(45,088	)		$	—
Income from operations			11,290				33,612				44,902				10,009				45,088				55,097
Income before income taxes			19,869				33,612				53,481				18,108				45,088				63,196
Provision for income taxes			4,667				10,691				15,358				4,239				12,383				16,622
Net income from continuing operations			15,202				22,921				38,123				13,869				32,705				46,574
Net income			12,295				22,921				35,216				20,278				32,705				52,983
Net income attributable to Genie Energy Ltd.			12,588				22,921				35,509				19,538				32,705				52,243
Net income attributable to Genie Energy Ltd. common stockholders			12,588				22,921				35,509				19,205				32,705				51,910

Income from continuing operations attributable to Genie Energy Ltd. common stockholders			15,495				22,921				38,416				12,796				32,705				45,501

Basic earnings per share from continuing operations attributable to Genie Energy Ltd. common stockholders			0.58				0.86				1.44				0.50				1.28				1.78
Basic earnings per share attributable to Genie Energy Ltd. common stockholders			0.47				0.86				1.33				0.75				1.28				2.03
Diluted earnings per share from continuing operations attributable to Genie Energy Ltd. common stockholders			0.57				0.85				1.42				0.49				1.25				1.74
Diluted earnings per share attributable to Genie Energy Ltd. common stockholders			0.46				0.85				1.31				0.74				1.25				1.99

		*For the year ended December 31,*												*For the year ended December 31,*
(in thousands)		*2024*				*2024*				*2024*				*2023*				*2023*				*2023*
		(As Reported)				(Adjustments)				(As Restated)				(As Reported)				(Adjustments)				(As Restated)

Retained earnings beginning balance		$	60,196			$	32,705			$	92,901			$	49,010			$	—			$	49,010
Net income attributable to Genie Energy Ltd.			12,588				22,921				35,509				19,538				32,705				52,243
Retained earnings ending balance			64,574				55,626				120,200				60,196				32,705				92,901
Total equity			179,551				55,626				235,177				184,508				32,705				217,213

		*For the year ended December 31,*												*For the year ended December 31,*
(in thousands)		*2024*				*2024*				*2024*				*2023*				*2023*				*2023*
		(As Reported)				(Adjustments)				(As Restated)				(As Reported)				(Adjustments)				(As Restated)

Net income		$	12,295			$	22,921			$	35,216			$	20,278			$	32,705			$	52,983
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for captive insurance liability			33,612				(33,612	)			—				45,088				(45,088	)			—
Deferred income taxes			(1,855	)			652				(1,203	)			599				781				1,380
Changes in income tax payable			2,496				10,039				12,535				(15,877	)			11,602				(4,275	)