Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash to the total amounts shown within the unaudited condensed consolidated statements of cash flows for each period ended:


	Three Months Ended
(Amounts in thousands)	March 31, 2026		March 31, 2025
Cash and cash equivalents	$	50,017	$	61,924
Restricted cash	35,608		34,545
Total cash, cash equivalents and restricted cash	$	85,625	$	96,469

Schedule of Restrictions on Cash and Cash Equivalents


	Three Months Ended
(Amounts in thousands)	March 31, 2026		March 31, 2025
Cash and cash equivalents	$	50,017	$	61,924
Restricted cash	35,608		34,545
Total cash, cash equivalents and restricted cash	$	85,625	$	96,469

Schedule of Changes in Financing Receivables for Accounting Standards Update

The following table presents the changes in the allowance for credit losses recorded against accounts receivable, net on the unaudited condensed consolidated balance sheets:


	As of
(Amounts in thousands)	March 31, 2026		December 31, 2025
Balance at the beginning of the period	$	790	$	757

Write-off of uncollectible accounts	(578)		(1,268)

Provision for current expected credit losses	435		1,301
Balance at the end of the period	$	647	$	790

Schedule of Disaggregation of Revenue

The following table presents the detail of the Company’s revenues as reflected within the unaudited condensed consolidated statements of operations for the three months ended March 31, 2026 and 2025:


	Three Months Ended March 31,
(Amounts in thousands)		2026		2025
PPA revenues		$	7,554	$	7,896
SLA revenues		10,032		9,940
Solar renewable energy credit revenues		4,174		3,855
Performance-based incentives		332		68
Servicing revenues		213		649
Intangibles amortization, unfavorable solar renewable energy revenue agreements		93		748
Other revenue		1,022		678
Total		$	23,420	$	23,834