v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues $ 23,420 $ 23,834
Operating expenses:    
Selling, general and administrative expenses 11,580 14,666
Gain on asset disposal, net (449) (335)
Total operating expenses 19,572 25,532
Income (loss) from operations 3,848 (1,698)
Other (income) expense:    
Interest income (4,784) (5,267)
Interest expense, net 12,287 12,667
Change in fair value of interest rate swaps (800) 6,237
Other expense (income) 0 (21)
Net loss (2,855) (15,314)
Less: Net income attributable to noncontrolling interests 70 24
Net loss attributable to stockholders $ (2,925) $ (15,338)
Net loss per share, basic (in dollars per share) $ (0.16) $ (0.84)
Net loss per share, diluted (in dollars per share) (0.16) (0.84)
Net loss attributable to stockholders per share, basic (in dollars per share) (0.16) (0.84)
Net loss attributable to stockholders per share, diluted (in dollars per share) $ (0.16) $ (0.84)
Weighted-average shares outstanding, basic (in shares) 18,170,425 18,187,637
Weighted-average shares outstanding, diluted (in shares) 18,170,425 18,187,637
Solar Energy Systems Depreciation    
Operating expenses:    
Cost of revenue $ 7,272 $ 7,285
Operations and Maintenance    
Operating expenses:    
Cost of revenue $ 1,169 $ 3,916