v3.26.1
Segments
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segments SegmentsSegmentsOur Chief Executive Officer, who is our Chief Operating Decision Maker ("CODM"), manages our business through three operating segments, wherein our CODM manages our businesses by: (i) assessing operating performance on a periodic basis, (ii) making resource allocation decisions and (iii) designating responsibilities for his direct reports. As of June 30, 2026, we were organized into three operating segments through which senior management evaluates our business. These segments, as described in more detail in "Note 1. Description of Business and Basis of Presentation", are organized around the products, services and energy production provided to customers and represent our reportable segments.
Our CODM uses segment profit, based on operating income after the elimination of intercompany transactions and segment identifiable assets to assess segment operating performance and to make resource allocation decisions. Certain costs
such as other income (expense) are not included in the measure of segment profit and are excluded from management's assessment of segment financial performance.
Corporate includes finance, treasury, certain research and development costs, tax and legal costs and certain other costs which are not allocated to the reportable segments.
The following table presents information by reportable segment for the three and six months ended June 30, 2026 and 2025:
ProductsServicesEnergy ProductionCorporateTotal
Three Months Ended June 30, 2026
Revenues$1,134,772 $4,375,253 $236,111 $— $5,746,136 
Cost of sales584,755 2,772,569 214,910 3,572,234 
Gross profit550,017 1,602,684 21,201 — 2,173,902 
Operating expenses704,377 2,032,476 13,832 1,573,379 4,324,064 
Profit (loss) from operations$(154,360)$(429,792)$7,369 $(1,573,379)$(2,150,162)
Identifiable assets$9,456,484 $12,814,977 $1,448,717 $7,884,261 $31,604,439 
Six Months Ended June 30, 2026
Revenues$2,310,072 $9,011,647 $760,186 $— $12,081,905 
Cost of sales1,232,103 5,472,738 613,500 7,318,341 
Gross profit1,077,969 3,538,909 146,686 — 4,763,564 
Operating expenses1,487,294 4,167,448 56,378 3,338,514 9,049,634 
Profit (loss) from operations$(409,325)$(628,539)$90,308 $(3,338,514)$(4,286,070)
Identifiable assets$9,456,484 $12,814,977 $1,448,717 $7,884,261 $31,604,439 
Three Months Ended June 30, 2025
Revenues$3,155,323 $3,965,168 $174,329 $— $7,294,820 
Cost of sales2,232,155 2,469,737 130,436 — 4,832,328 
Gross profit923,168 1,495,431 43,893 — 2,462,492 
Operating expenses607,312 1,857,872 (797)1,409,967 3,874,354 
Profit (loss) from operations$315,856 $(362,441)$44,690 $(1,409,967)$(1,411,862)
Identifiable assets$11,211,540 $11,676,917 $2,602,821 $2,860,559 $28,351,837 
Six Months Ended June 30, 2025
Revenues$5,689,132 $8,210,190 $673,268 $— $14,572,590 
Cost of sales3,719,905 4,728,635 440,518 — 8,889,058 
Gross profit1,969,227 3,481,555 232,750 — 5,683,532 
Operating expenses1,177,141 3,618,318 15,672 2,878,507 7,689,638 
Profit (loss) from operations$792,086 $(136,763)$217,078 $(2,878,507)$(2,006,106)
Identifiable assets$11,211,540 $11,676,917 $2,602,821 $2,860,559 $28,351,837