v3.26.1
Prepaid and other current assets
6 Months Ended
Jun. 30, 2026
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid and other current assets

5. Prepaid and other current assets

Prepaid and other current assets consisted of the following:

(in thousands)

 

June 30, 2026

 

 

December 31, 2025

 

Vendor deposits

 

$

8,551

 

 

$

6,393

 

Prepaid expenses

 

 

635

 

 

 

656

 

Prepaid taxes

 

 

951

 

 

 

789

 

Deferred cost of revenue

 

 

365

 

 

 

360

 

Other current assets

 

 

3,080

 

 

 

3,096

 

Total

 

$

13,582

 

 

$

11,294

 

At June 30, 2026 and December 31, 2025, other current assets included $2.0 million for a non-interest-bearing customer advance related to pre-project construction financing activities. This advance is secured by certain customer assets and is currently due.