v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 187,340 $ 144,727
Restricted cash 31,072 30,988
Marketable securities 67,714 162,313
Other current assets 26,457 34,870
Total current assets 312,583 372,898
Property, plant and equipment, net 465,848 388,730
Other non-current assets 37,845 41,551
Total assets 816,276 803,179
Current liabilities:    
Accounts payable 20,758 15,163
Current portion of long-term debt 29,983 47,830
Customer deposits 80,270 78,535
Other current liabilities 61,510 67,795
Total current liabilities 192,521 209,323
Non-current liabilities:    
Long-term debt 189,056 276,362
Other long-term liabilities 38,585 43,530
Total liabilities 420,162 529,215
Commitments and contingencies (Note 14)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 700,000,000 shares authorized; 141,277,897 and 73,326,504 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 14 7
Additional paid-in capital 3,268,427 3,025,604
Accumulated deficit (2,872,383) (2,751,779)
Accumulated other comprehensive income 56 132
Total stockholders’ equity 396,114 273,964
Total liabilities and stockholders’ equity $ 816,276 $ 803,179