v3.26.1
LEASES
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
LEASES
4. LEASES
Lessor contracts
Sales-Type Leases
During the three months ended March 31, 2026, the Company entered into a new sales-type lease. Upon commencement, the carrying value of the underlying assets was removed from the balance sheet and a net investment in lease was recognized, measured at the present value of future lease payments discounted at the rate implicit in the lease. At that time, $2,246 was recognized within fuel station services revenues and $1,838 was recorded in cost of sales - fuel station services.
As of March 31, 2026, a maturity analysis of lease receivables reflecting undiscounted cash flows to be received on an annual basis are as follows:
Fiscal year:
Nine months ending December 31, 2026$1,427 
20271,949 
20281,997 
20292,047 
20302,098 
Thereafter11,413 
Total undiscounted cash flows20,931 
Less: Discount based on implicit rate10,869 
Plus: Unguaranteed residual asset589 
Net investment in sales-type lease$10,651 
LEASES
4. LEASES
Lessor contracts
Sales-Type Leases
During the three months ended March 31, 2026, the Company entered into a new sales-type lease. Upon commencement, the carrying value of the underlying assets was removed from the balance sheet and a net investment in lease was recognized, measured at the present value of future lease payments discounted at the rate implicit in the lease. At that time, $2,246 was recognized within fuel station services revenues and $1,838 was recorded in cost of sales - fuel station services.
As of March 31, 2026, a maturity analysis of lease receivables reflecting undiscounted cash flows to be received on an annual basis are as follows:
Fiscal year:
Nine months ending December 31, 2026$1,427 
20271,949 
20281,997 
20292,047 
20302,098 
Thereafter11,413 
Total undiscounted cash flows20,931 
Less: Discount based on implicit rate10,869 
Plus: Unguaranteed residual asset589 
Net investment in sales-type lease$10,651 
LEASES
4. LEASES
Lessor contracts
Sales-Type Leases
During the three months ended March 31, 2026, the Company entered into a new sales-type lease. Upon commencement, the carrying value of the underlying assets was removed from the balance sheet and a net investment in lease was recognized, measured at the present value of future lease payments discounted at the rate implicit in the lease. At that time, $2,246 was recognized within fuel station services revenues and $1,838 was recorded in cost of sales - fuel station services.
As of March 31, 2026, a maturity analysis of lease receivables reflecting undiscounted cash flows to be received on an annual basis are as follows:
Fiscal year:
Nine months ending December 31, 2026$1,427 
20271,949 
20281,997 
20292,047 
20302,098 
Thereafter11,413 
Total undiscounted cash flows20,931 
Less: Discount based on implicit rate10,869 
Plus: Unguaranteed residual asset589 
Net investment in sales-type lease$10,651