
(Dollars in thousands)	June 30, 2026		December 31, 2025

Current assets:
Cash and restricted cash	$	5,995	$	7,969
Accounts receivable, trade	3,005		3,054
Accounts receivable, intercompany	518		175
Prepaid expenses and other current assets	74		77
Other receivable, related party	790		2,580
Total current assets	10,382		13,855


Other assets, related party	4,036		4,036
Operating lease right-of-use assets	70		74
Property, plant and equipment, net	23,227		24,296
Deposits on equipment	5		—
Total assets	$	37,720	$	42,261

Current liabilities:
Accounts payable, trade	$	46	$	8
Accounts payable, related party	141		627
Accrued liabilities	1,385		5,160
Income tax payable	25		13
Current portion of debt	9,570		2,574
Other current liabilities	1,992		91
Operating lease liability	8		8
Total current liabilities	13,167		8,481

Other liabilities	209		2,071
Other liabilities-related party	854		854
Long-term debt	—		7,293
Operating lease liability	62		66
Total liabilities	$	14,292	$	18,765


(Dollars in thousands)	June 30, 2026		December 31, 2025

Current assets:
Cash and restricted cash	$	3,461	$	1,621
Accounts receivable	754		—
Due from intercompany	725		725
Loan commitment assets	—		3,018
Prepaid expenses and other current assets	134		393
Total current assets	5,074		5,757

Other assets, related party	3,300		3,300
Finance lease right-of-use assets	1,773		2,246
Property, plant and equipment, net	31,735		15,918
Deposits on equipment	—		1,377
Total assets	$	41,882	$	28,598

Current liabilities:
Accounts payable, trade	$	1,144	$	2,236
Accounts payable, related party	1,997		2,590
Accrued liabilities	2,117		2,152
Other current liabilities, related party	1,050		—
Finance lease liability	23		20
Total current liabilities	6,331		6,998

Other liabilities- related party	9,665		1,373
Finance lease liability	1,769		2,236
Total liabilities	$	17,765	$	10,607

The following table presents the amounts and classification of the assets and liabilities of Kati 2 JVCo (including intercompany and related party balances that are eliminated in consolidation):


(Dollars in thousands)	June 30, 2026

Current assets:
Cash	$	1,900

Due from intercompany	362

Prepaid expenses and other current assets	100
Total current assets	2,362



Property, plant and equipment, net	2,200
Deposits on equipment	170
Total assets	$	4,732

Current liabilities:
Accounts payable, related party	$	1,325




Total current liabilities	1,325



Total liabilities	$	1,325