v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
OPERATING ACTIVITIES              
Net (loss) income $ (14,383) $ (18,925) $ 202,531 $ (25,000) $ (33,308) $ 177,531  
Adjustments to reconcile net (loss) income to net cash used in operating activities:              
Depreciation and amortization expense         21,918 22,242  
Non-cash interest expense, including interest expenses associated with debt issuance costs         737 210  
Stock-based compensation         3,501 5,712  
Change in fair value of warrant liability (503)   0   (2,914) 0  
Non-cash lease expense         1,319 1,362  
Accretion of asset retirement obligations         123 119  
Impairment loss of energy storage systems 100   1,400   103 1,413  
Gain on disposal and abandonment of property, plant and equipment         (112) 0  
Impairment loss of project assets         4 966  
Impairment of assets held for sale, net         2,770 0  
Provision for credit losses on accounts receivable         17 1,547  
Gain on extinguishment of debt 0   (220,047)   0 (220,047)  
Other         (16) 53  
Changes in operating assets and liabilities:              
Accounts receivable         5,114 14,772  
Inventory         (1,535) 6,321  
Other assets         (1,397) 1,715  
Contract origination costs, net         (547) (573)  
Project assets         (4) (2,202)  
Accounts payable         4,083 (18,727)  
Accrued expenses and other liabilities         (3,339) (1,174)  
Deferred revenue         (2,861) (2,793)  
Lease liabilities         (1,631) (1,189)  
Net cash used in operating activities         (7,975) (12,742)  
INVESTING ACTIVITIES              
Capital expenditures on internally-developed software         (2,555) (4,626)  
Purchase of property and equipment         0 (48)  
Net cash used in investing activities         (2,555) (4,674)  
FINANCING ACTIVITIES              
Proceeds from issuances of common stock under at-the-market program, net         5,631 0  
Repayment of financing obligations         (4,701) (8,355)  
Proceeds from issuance of senior secured notes         0 10,000  
(Distributions to) contributions from non-controlling interests, net         (809) 37  
Net cash provided by financing activities         121 1,682  
Effect of exchange rate changes on cash, cash equivalents and restricted cash         (91) 225  
Net decrease in cash, cash equivalents and restricted cash         (10,500) (15,509)  
Cash, cash equivalents and restricted cash, beginning of year   $ 50,701   $ 58,085 50,701 58,085 $ 58,085
Cash, cash equivalents and restricted cash, end of period 40,201   42,576   40,201 42,576 50,701
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION              
Cash paid for interest         18,395 9,440  
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH WITHIN THE UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS TO THE AMOUNTS SHOWN IN THE STATEMENTS OF CASH FLOWS ABOVE:              
Cash and cash equivalents 38,415   40,790   38,415 40,790 48,915
Restricted cash included in other noncurrent assets 1,786   1,786   1,786 1,786  
Total cash, cash equivalents, and restricted cash $ 40,201   $ 42,576   $ 40,201 $ 42,576 $ 50,701