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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 277,975 $ 268,633
Accounts receivable, net of allowance for doubtful accounts 63,762 68,419
Inventories, net 76,766 80,794
Prepaid expenses 9,807 16,026
Other current assets 7,404 3,126
Total Current Assets 435,714 436,998
Property, plant and equipment, net 1,138,671 1,065,869
Deposits on equipment 118 1,047
Operating lease right of use assets 66,424 3,366
Long term investment in equity securities 33,446 33,446
Deferred tax assets, net 68,893 0
Other assets 34,509 34,152
Total Assets 1,777,775 1,574,878
CURRENT LIABILITIES:    
Accounts payable 42,429 39,164
Accrued expenses 31,610 56,263
Current operating lease liabilities 2,241 1,322
Current finance lease liabilities 2,315 2,120
Total Current Liabilities 78,595 98,869
Convertible senior notes 397,330 395,163
Long term operating lease liabilities 65,023 2,213
Long term finance lease liabilities 28,075 23,273
Deferred tax liabilities, net 93 0
Total Liabilities 569,116 519,518
Commitments and contingencies 0 0
STOCKHOLDERS' EQUITY:    
Common stock — voting, $0.001 par value, 200,000 shares authorized, 48,985 issued and 48,970 outstanding on December 31, 2025, and 48,716 issued and 48,702 outstanding on December 31, 2024 49 49
Additional paid-in capital 1,351,201 1,338,160
Accumulated deficit (142,669) (281,806)
Accumulated other comprehensive income (loss) 334 (787)
Treasury stock, at cost — 14 shares on December 31, 2025 and on December 31, 2024 (256) (256)
Total Stockholders' Equity 1,208,659 1,055,360
Total Liabilities and Stockholders' Equity $ 1,777,775 $ 1,574,878