INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | 10. INCOME TAXES For the three and six months ended June 30, 2026, the Company recorded $4,738 and $10,447 income tax benefit, respectively, as a result of the generation of 45z credits. The Company also sold ITCs to a buyer for proceeds of $9,563, net of transaction costs, in March 2026. For the three and six months ended June 30, 2025, the Company recorded $13,686 and $21,723 income tax benefit, respectively, as a result of the generation and sale of ITC credits. 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. The estimated Section 45Z credits reflect management's current assumptions regarding prevailing wage compliance. The Company continues to evaluate compliance requirements and will adjust its estimates, if necessary, as additional information becomes available.
|