v3.26.1
Payables and Accrued Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Summary of Payables and Accrued Liabilities

The following is a summary of payables and accrued liabilities:

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2026

 

 

2025

 

Accounts payable

 

 

 

 

 

 

Power system sales payable

 

$

8,954

 

 

$

9,211

 

Ongoing services payable

 

 

2,375

 

 

 

1,790

 

Assembly components payable

 

 

24,058

 

 

 

2,436

 

General and administrative payable

 

 

8,848

 

 

 

2,050

 

Other payables

 

 

2,669

 

 

 

1,062

 

Total accounts payable

 

$

46,904

 

 

$

16,549

 

Accrued liabilities and other payables

 

 

 

 

 

 

Accrued salaries

 

$

6,082

 

 

$

6,396

 

Accrued operating expenses

 

 

8,210

 

 

 

17,067

 

Accrued commissions and fees

 

 

6,214

 

 

 

515

 

Accrued sales tax payable

 

 

2,488

 

 

 

929

 

Short term note payable

 

 

397

 

 

 

1,328

 

Total accrued liabilities and other payables

 

$

23,391

 

 

$

26,235