v3.26.1
CAPITAL STOCK - Applied Digital/Base Electron (Details)
$ / shares in Units, shares in Thousands, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 26, 2026
USD ($)
MW
power_plant
Nov. 30, 2025
USD ($)
MW
power_plant
$ / shares
shares
Jun. 30, 2026
USD ($)
$ / shares
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
Jun. 30, 2025
USD ($)
Mar. 18, 2026
shares
Dec. 31, 2025
USD ($)
$ / shares
Class of Stock [Line Items]                
Revenues     $ 319,716 $ 138,856 $ 534,130 $ 287,454    
Common stock, par value (in dollars per share) | $ / shares     $ 0.01   $ 0.01     $ 0.01
Sale of stock, consideration received           5,500    
Fair value of warrants     $ 136,921   $ 136,921     $ 8,268
Expense for change in fair value of warrants     (5,858) $ 0 64,384 0    
Customer warrant asset     68,400   68,400     8,300
Amortization of customer warrant asset     3,100   4,143 $ 0    
Warrants                
Class of Stock [Line Items]                
Warrant exercisable to purchase (in shares) | shares             5,230  
Expense for change in fair value of warrants     (5,900)   64,400      
Initial Warrants                
Class of Stock [Line Items]                
Warrant exercisable to purchase (in shares) | shares   2,600            
Warrant exercise price (in dollars per share) | $ / shares   $ 4.11            
Fair value of warrants     34,000   34,000     $ 8,300
Additional Warrants                
Class of Stock [Line Items]                
Warrant exercisable to purchase (in shares) | shares   7,860            
Fair value of warrants     $ 102,900   $ 102,900      
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            
Sale of stock, consideration 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 | MW 300 300            
Revenues $ 2,400,000              
Variable fee income $ 2,000,000