Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands |
Total |
Common Stock |
Additional Paid-in Capital |
Accumulated Deficit |
Treasury Stock |
Non- Controlling Interest |
Series A Shares
Preferred Stock
|
Series B Shares
Preferred Stock
|
D1A Membership |
D1A Membership
Additional Paid-in Capital
|
D1A Membership
Non- Controlling Interest
|
D1B Membership |
D1B Membership
Additional Paid-in Capital
|
D1B Membership
Non- Controlling Interest
|
| Temporary equity, beginning balance at Dec. 31, 2024 |
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Mar. 31, 2025 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
10,647,761
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
27,362
|
$ 11
|
$ 315,607
|
$ (314,304)
|
$ (13,798)
|
$ 39,841
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(7,354)
|
|
|
(7,556)
|
|
202
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
1,847
|
|
1,847
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
384,721
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock units vested (in shares) |
|
3,432
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws (in shares) |
|
1,512,872
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws |
2,123
|
$ 2
|
2,121
|
|
|
|
|
|
|
|
|
|
|
|
| Contribution from Non- Controlling interest |
4,310
|
|
|
|
|
4,310
|
|
|
|
|
|
|
|
|
| Distribution to Non-Controlling interest |
(1,295)
|
|
|
|
|
(1,295)
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
12,548,786
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2025 |
26,993
|
$ 13
|
319,575
|
(321,860)
|
$ (13,798)
|
43,058
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Temporary equity, beginning balance at Dec. 31, 2024 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Jun. 30, 2025 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
10,647,761
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
27,362
|
$ 11
|
315,607
|
(314,304)
|
$ (13,798)
|
39,841
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(15,134)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
19,095,863
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
29,319
|
$ 19
|
323,557
|
(329,242)
|
$ (13,798)
|
48,778
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Temporary equity, beginning balance at Mar. 31, 2025 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Jun. 30, 2025 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
12,548,786
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
26,993
|
$ 13
|
319,575
|
(321,860)
|
$ (13,798)
|
43,058
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(7,780)
|
|
|
(7,382)
|
|
(398)
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
1,942
|
|
1,942
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
59,131
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock units vested (in shares) |
|
6,600
|
|
|
|
|
|
|
|
|
|
|
|
|
| Contribution from Non- Controlling interest |
7,542
|
|
|
|
|
7,542
|
|
|
|
|
|
|
|
|
| Distribution to Non-Controlling interest |
(1,424)
|
|
|
|
|
(1,424)
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
|
2,140,683
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards |
0
|
$ 2
|
(2)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements (in shares) |
|
3,340,663
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements |
2,046
|
$ 3
|
2,043
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- Green Cloud issuance (in shares) |
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- Green Cloud issuance |
0
|
$ 1
|
(1)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
19,095,863
|
|
|
|
|
4,953,545
|
62,500
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
29,319
|
$ 19
|
323,557
|
(329,242)
|
$ (13,798)
|
48,778
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Sep. 30, 2025 |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(25,787)
|
|
|
(23,956)
|
|
(1,831)
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
1,882
|
|
1,882
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
17,254,463
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares – warrant exercise |
28,210
|
$ 17
|
28,193
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws (in shares) |
|
1,487,128
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws |
4,170
|
$ 1
|
4,169
|
|
|
|
|
|
|
|
|
|
|
|
| Contribution from Non- Controlling interest |
12,902
|
|
|
|
|
12,902
|
|
|
|
|
|
|
|
|
| Distribution to Non-Controlling interest |
(856)
|
|
|
|
|
(856)
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
|
2,751,078
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards |
0
|
$ 3
|
(3)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements (in shares) |
|
14,649,141
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements |
20,753
|
$ 15
|
20,738
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- July equity financing (in shares) |
|
9,090,909
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- July equity financing |
5,037
|
$ 9
|
5,028
|
|
|
|
|
|
|
|
|
|
|
|
| Forfeiture of Restricted Stock Award shares (in shares) |
|
(236,051)
|
|
|
|
|
(25,000)
|
|
|
|
|
|
|
|
| Warrant issuance and revaluation |
2,869
|
|
2,869
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant liability revalued to equity |
(5,034)
|
|
(5,034)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
64,092,531
|
|
|
|
|
4,928,545
|
62,500
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
73,465
|
$ 64
|
381,399
|
(353,198)
|
$ (13,798)
|
58,993
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
|
|
40,741
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- December equity offering |
1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Dec. 31, 2025 |
1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(16,070)
|
|
|
(14,517)
|
|
(1,553)
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
4,895
|
|
4,895
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
7,505,223
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares – warrant exercise |
4,678
|
$ 8
|
4,670
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock units vested (in shares) |
|
78,210
|
|
|
|
|
|
|
|
|
|
|
|
|
| Contribution from Non- Controlling interest |
7,480
|
|
|
|
|
7,480
|
|
|
|
|
|
|
|
|
| Distribution to Non-Controlling interest |
(7,537)
|
|
|
|
|
(7,537)
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
|
19,392,598
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards |
0
|
$ 19
|
(19)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements (in shares) |
|
5,601,358
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements |
11,354
|
$ 6
|
11,348
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant liability revalued to equity |
4,827
|
|
4,827
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- December equity offering (in shares) |
|
5,929,944
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- December equity offering |
28,369
|
$ 6
|
28,363
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of merger shares (in shares) |
|
17,820
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant redemption |
(453)
|
|
(453)
|
|
|
|
|
|
|
|
|
|
|
|
| Treasury share conversion (in shares) |
|
|
|
|
45,854
|
|
|
|
|
|
|
|
|
|
| Treasury share conversion |
(75)
|
|
|
|
$ (75)
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Dec. 31, 2025 |
|
102,617,684
|
|
|
|
|
4,928,545
|
62,500
|
|
|
|
|
|
|
| Ending balance at Dec. 31, 2025 |
$ 110,933
|
$ 103
|
435,030
|
(367,715)
|
$ (13,873)
|
57,383
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Dec. 31, 2025 |
86,595
|
|
|
|
86,595
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Mar. 31, 2026 |
$ 1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(17,902)
|
|
|
(17,466)
|
|
(436)
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
10,222
|
|
10,222
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
8,149,200
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares – warrant exercise |
8
|
$ 8
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - Series B conversion (in shares) |
|
553,125
|
|
|
|
|
|
(5,310)
|
|
|
|
|
|
|
| Issuance of shares- Series B conversion |
0
|
$ 1
|
(1)
|
|
|
|
|
|
|
|
|
|
|
|
| Contribution from Non- Controlling interest |
10,918
|
|
|
|
|
10,918
|
|
|
|
|
|
|
|
|
| Distribution to Non-Controlling interest |
(2,068)
|
|
|
|
|
(2,068)
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
|
1,373,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards |
0
|
$ 1
|
(1)
|
|
|
|
|
|
|
|
|
|
|
|
| Forfeiture of Restricted Stock Award shares (in shares) |
|
(1,236,042)
|
|
|
|
|
(8,500)
|
|
|
|
|
|
|
|
| Forfeiture of Restricted Stock Award shares |
0
|
$ (1)
|
1
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of merger shares (in shares) |
|
10,692
|
|
|
|
|
|
|
|
|
|
|
|
|
| SEPA commitment fee share issuance (in shares) |
|
335,976
|
|
|
|
|
|
|
|
|
|
|
|
|
| SEPA commitment fee share issuance |
250
|
|
250
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant adjustment and other |
682
|
|
682
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
111,803,635
|
|
|
|
|
4,920,045
|
57,190
|
|
|
|
|
|
|
| Ending balance at Mar. 31, 2026 |
113,043
|
$ 112
|
446,183
|
(385,181)
|
$ (13,873)
|
65,797
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
|
86,595
|
|
|
|
|
|
|
|
|
|
| Temporary equity, beginning balance at Dec. 31, 2025 |
1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Jun. 30, 2026 |
1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
102,617,684
|
|
|
|
|
4,928,545
|
62,500
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 110,933
|
$ 103
|
435,030
|
(367,715)
|
$ (13,873)
|
57,383
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Beginning balance (in shares) at Dec. 31, 2025 |
86,595
|
|
|
|
86,595
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
$ (40,526)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
23,875,085
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
225,986,784
|
|
|
|
|
4,920,045
|
0
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 210,385
|
$ 226
|
575,594
|
(405,890)
|
$ (14,004)
|
54,454
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
165,305
|
|
|
|
165,305
|
|
|
|
|
|
|
|
|
|
| Temporary equity, beginning balance at Mar. 31, 2026 |
$ 1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Temporary equity, ending balance at Jun. 30, 2026 |
1,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
111,803,635
|
|
|
|
|
4,920,045
|
57,190
|
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
113,043
|
$ 112
|
446,183
|
(385,181)
|
$ (13,873)
|
65,797
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
|
86,595
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
(22,624)
|
|
|
(20,709)
|
|
(1,915)
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
9,480
|
|
9,480
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - warrant exercise (in shares) |
|
3,239,951
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares – warrant exercise |
2,545
|
$ 3
|
2,542
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock units vested (in shares) |
|
32,366
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock units vested |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws (in shares) |
|
10,237,605
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- SEPA draws |
18,682
|
$ 10
|
18,672
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares - Series B conversion (in shares) |
|
5,957,291
|
|
|
|
|
|
(57,190)
|
|
|
|
|
|
|
| Issuance of shares- Series B conversion |
|
$ 6
|
(6)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards (in shares) |
|
20,510,835
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares-Restricted stock awards |
0
|
$ 21
|
(21)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of merger shares (in shares) |
|
30,888
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant adjustment and other |
3,249
|
|
3,249
|
|
|
|
|
|
|
|
|
|
|
|
| Shares withheld for taxes/ purchase of treasury shares (in shares) |
|
|
|
|
78,710
|
|
|
|
|
|
|
|
|
|
| Shares withheld for taxes/ purchase of treasury shares |
(131)
|
|
|
|
$ (131)
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements, (in shares) |
|
74,174,213
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of shares- ATM settlements |
113,465
|
$ 74
|
113,391
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase of membership interest |
|
|
|
|
|
|
|
|
$ (16,500)
|
$ (10,993)
|
$ (5,507)
|
$ (8,766)
|
$ (4,845)
|
$ (3,921)
|
| Series B dividend payment |
(2,058)
|
|
(2,058)
|
|
|
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
225,986,784
|
|
|
|
|
4,920,045
|
0
|
|
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 210,385
|
$ 226
|
$ 575,594
|
$ (405,890)
|
$ (14,004)
|
$ 54,454
|
$ 5
|
$ 0
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
165,305
|
|
|
|
165,305
|
|
|
|
|
|
|
|
|
|