v3.26.1
CAPITAL STOCK - Applied Digital/Base Electron (Details)
$ / shares in Units, shares in Thousands, $ in Thousands
1 Months Ended 3 Months Ended
Feb. 26, 2026
USD ($)
Megawatt
power_plant
Nov. 30, 2025
USD ($)
Megawatt
power_plant
$ / shares
shares
Mar. 31, 2026
USD ($)
$ / shares
Mar. 31, 2025
USD ($)
Mar. 18, 2026
shares
Dec. 31, 2025
USD ($)
$ / shares
Class of Stock [Line Items]            
Revenues     $ 214,414 $ 148,598    
Common stock, par value (in dollars per share) | $ / shares     $ 0.01     $ 0.01
Fair value of warrants     $ 142,779     $ 8,268
Expense for change in fair value of warrants     70,242 0    
Customer warrant asset     71,500     8,300
Amortization of customer warrant asset     1,064 $ 0    
Warrants            
Class of Stock [Line Items]            
Warrants exercisable to purchase (in shares) | shares         5,230  
Expense for change in fair value of warrants     70,200      
Initial Warrants            
Class of Stock [Line Items]            
Warrants exercisable to purchase (in shares) | shares   2,600        
Exercise price per right (in dollars per share) | $ / shares   $ 4.11        
Fair value of warrants     35,500     $ 8,300
Additional Warrants            
Class of Stock [Line Items]            
Warrants exercisable to purchase (in shares) | shares   7,860        
Fair value of warrants     $ 107,300      
Private Placement            
Class of Stock [Line Items]            
Sale of stock, number of shares issued (in shares) | shares   500        
Common stock, par value (in dollars per share) | $ / shares   $ 0.01        
Net proceeds received   $ 2,000        
Applied Digital/Base Electron            
Class of Stock [Line Items]            
Number of power plants | power_plant 4 4        
Number of megawatts used in power plants | Megawatt 300 300        
Revenues $ 2,400,000          
Variable fee income $ 2,000,000