v3.26.1
Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table summarizes the related party transactions included in the condensed consolidated statements of operations and comprehensive loss:
Three Months Ended March 31,
$ in thousands20262025
Master services agreement administrative costs$28 $27 
General and administrative$28 $27 
Master services agreement costs for the La Porte Demonstration Facility$248 $708 
BHES JDA
13,007 17,827 
Research and development$13,255 $18,535 
BHES Limited Notice to Proceed$— $22,007 
Project development$— $22,007 
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award The following table displays the expense recognized in the consolidated statement of comprehensive income for shares distributed as payment for services rendered under the terms of the BHES JDA during the periods described below:
QuantityExpense Recognized
Three Months Ended March 31,Three Months Ended March 31,
in thousands2026202520262025
Class A OpCo Units9091,248$6,011 $8,247 
Class B Common Stock9091,248— — 
Total$6,011 $8,247