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INCOME TAXES
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES
10. INCOME TAXES
For the three months ended March 31, 2026, the Company recorded $5,709 income tax benefit, respectively, as a result of the generation of 45z credits. The Company also sold ITCs to the buyer for net proceeds of $9,563.
For the three months ended March 31, 2025, the Company recorded $8,037 income tax benefit.
The Company evaluates the realizability of the deferred tax assets on a quarterly basis and establishes a valuation allowance when it is more likely than not that all or a portion of a deferred tax asset may not be realized.