v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents [1] $ 86,004 $ 24,408
Accounts receivable, net of allowances of $806 and $469, respectively [1],[2] 42,105 61,806
Restricted cash - current [1] 1,440 1,210
Contract assets [1] 8,717 8,276
Parts inventory [1] 12,347 10,964
Government grants receivable [1] 17,308 16,456
Prepaid expense and other current assets [1] 16,629 16,018
Total current assets [1] 184,550 139,138
Property, plant, and equipment, net [1] 520,369 468,993
Investments in other entities [1] 213,400 206,723
Net investment in sales-type lease [1] 12,399 8,224
Restricted cash - non-current [1] 3,020 2,700
Goodwill [1] 54,608 54,608
Other long-term assets [1] 36,268 27,942
Total assets [1] 1,024,614 908,328
Current liabilities:    
Accounts payable [1],[3] 30,218 19,004
Contract liabilities [1] 4,205 6,296
Loans, current portion [1] 20,310 15,062
Accrued expenses and other current liabilities [1] 65,439 64,005
Total current liabilities [1] 120,172 104,367
Loans, net of debt issuance costs [1] 387,113 337,063
Other long-term liabilities [1] 20,262 20,430
Total liabilities [1] 527,547 461,860
Commitments and contingencies Note 12 [1]
Stockholders' equity (deficit)    
Retained earnings (accumulated deficit) [1] 49,457 (52,596)
Accumulated other comprehensive income (loss) [1] 809 (26)
Class A common stock in treasury, at cost; 1,635,783 as of September 30, 2026 and December 31, 2025 [1] (11,614) (11,614)
Total stockholders' equity (deficit) attributable to the Company [1] 38,669 (64,219)
Non-redeemable non-controlling interests [1] 14,280 2,789
Total stockholders' equity (deficit) [1] 52,949 (61,430)
Total liabilities, redeemable preferred, redeemable non-controlling interests and stockholders' equity (deficit) [1] 1,024,614 908,328
Redeemable preferred non-controlling interests    
Current liabilities:    
Redeemable non-controlling interests [1] 187,095 130,000
Redeemable non-controlling interests    
Current liabilities:    
Redeemable non-controlling interests [1] 257,023 377,898
Common Class A    
Stockholders' equity (deficit)    
Common stock [1] 3 3
Common Class B    
Stockholders' equity (deficit)    
Common stock [1] 12 12
Common Class C    
Stockholders' equity (deficit)    
Common stock [1] 0 0
Common Class D    
Stockholders' equity (deficit)    
Common stock [1] $ 2 $ 2
[1] Includes amounts related to consolidated VIEs, which are presented separately in the table below.
[2] Includes related‑party amounts of $3,217 and $13,318 as of September 30, 2026 and December 31, 2025, respectively.
[3] Includes related‑party amounts of $3,944 and $8,951 as of September 30, 2026 and December 31, 2025, respectively.