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Reportable Segments and Geographic Information | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Reportable Segments and Geographic Information | Note 20 —Reportable Segments and Geographic Information The Company operates as one reportable segment. The Company's chief operating decision maker ("CODM") is its Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses profitability metrics, including net income/(loss) to evaluate financial performance, as well as cost of sales and selling, general and administrative expenses (excluding stock compensation) in the achievement towards the Company’s strategy, and to make key operating decisions such as the determination of the markets in which the Company seeks to make capital investments and the allocation of budget between cost of sales, and selling, general and administrative expenses. ​ The following table presents selected financial information with respect to the Company’s single reportable segment for the three and six months ended June 30, 2025 and 2026. As the Company’s single reportable segment represents the consolidated entity, amounts are traceable to the Company’s Condensed Consolidated Statements of Operations. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | ​ | ​ | ​ | June 30, | ​ | June 30,
​ | ​ | ​ | ​ | ​ | 2025 | ​ | ​ | 2026 | ​ | ​ | 2025 | ​ | ​ | 2026
Revenue: | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total revenue(1) | ​ | ​ | ​ | $ | 102,613 | ​ | $ | 106,359 | ​ | $ | 206,377 | ​ | $ | 223,915
Cost of Sales (excluding depreciation)(2): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity product cost of sales | ​ | ​ | ​ | ​ | 32,414 | ​ | ​ | 27,303 | ​ | ​ | 71,595 | ​ | ​ | 69,775
Other product cost of sales | ​ | ​ | ​ | ​ | 32,779 | ​ | ​ | 37,002 | ​ | ​ | 61,444 | ​ | ​ | 68,334
Product cost of sales | ​ | ​ | ​ | ​ | 65,193 | ​ | ​ | 64,305 | ​ | ​ | 133,039 | ​ | ​ | 138,109
Service cost of sales | ​ | ​ | ​ | ​ | 9,237 | ​ | ​ | 11,910 | ​ | ​ | 17,394 | ​ | ​ | 23,009
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Selling, general and administrative, excluding stock compensation | ​ | ​ | ​ | ​ | 25,050 | ​ | ​ | 22,338 | ​ | ​ | 50,737 | ​ | ​ | 44,854
Stock compensation | ​ | ​ | ​ | ​ | 2,403 | ​ | ​ | 2,252 | ​ | ​ | 4,180 | ​ | ​ | 4,282
Selling, general and administrative | ​ | ​ | ​ | ​ | 27,453 | ​ | ​ | 24,590 | ​ | ​ | 54,917 | ​ | ​ | 49,136
Depreciation and amortization | ​ | ​ | ​ | ​ | 9,962 | ​ | ​ | 10,682 | ​ | ​ | 72,229 | ​ | ​ | 21,684
Impairment of goodwill | ​ | ​ | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 64,328 | ​ | ​ | —
Interest(3) | ​ | ​ | ​ | ​ | (4,647) | ​ | ​ | (3,888) | ​ | ​ | (9,276) | ​ | ​ | (8,207)
Other income, net | ​ | ​ | ​ | ​ | 73 | ​ | ​ | 296 | ​ | ​ | 81 | ​ | ​ | 639
Loss from equity method investments | ​ | ​ | ​ | ​ | (6,530) | ​ | ​ | (6,187) | ​ | ​ | (13,574) | ​ | ​ | (11,825)
Loss before income taxes | ​ | ​ | ​ | ​ | (20,336) | ​ | ​ | (14,907) | ​ | ​ | (158,299) | ​ | ​ | (27,416)
Income tax (expense) benefit | ​ | ​ | ​ | ​ | (72) | ​ | ​ | (128) | ​ | ​ | 2,860 | ​ | ​ | (146)
Net loss | ​ | ​ | ​ | ​ | (20,408) | ​ | ​ | (15,035) | ​ | ​ | (155,439) | ​ | ​ | (27,562)
Loss attributable to noncontrolling interest | ​ | ​ | ​ | ​ | 168 | ​ | ​ | 182 | ​ | ​ | 232 | ​ | ​ | 297
Net loss attributable to Clean Energy Corp. | ​ | ​ | ​ | $ | (20,240) | ​ | $ | (14,853) | ​ | $ | (155,207) | ​ | $ | (27,265)
​
(1) | The CODM is provided revenue information disaggregated by product and service type in exactly the same manner as provided in Note 2 - Revenue from Contracts with Customers, Disaggregation of Revenue.
​
(2) | Costs of sales provided to the CODM are displayed here. Commodity cost of sales represents costs associated with natural gas and its transportation, and is included in the Product Cost of Sales financial statement caption on the Condensed Consolidated Statements of Operations. Total Product Cost of Sales and Service Cost of Sales reconcile to the amounts under the corresponding caption in the Condensed Consolidated Statements of Operations.
​
(3) | Interest is computed as the net of interest income and interest expense. Refer to the Condensed Consolidated Statements of Operations.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | ​ | ​ | ​ | June 30, | ​ | June 30,
​ | ​ | ​ | ​ | ​ | 2025 | ​ | ​ | 2026 | ​ | ​ | 2025 | ​ | ​ | 2026
Interest expense | ​ | ​ | ​ | $ | (7,735) | ​ | $ | (5,505) | ​ | $ | (15,263) | ​ | $ | (11,206)
Interest income | ​ | ​ | ​ | ​ | 3,088 | ​ | ​ | 1,617 | ​ | ​ | 5,987 | ​ | ​ | 2,999
​ | ​ | ​ | ​ | $ | (4,647) | ​ | $ | (3,888) | ​ | $ | (9,276) | ​ | $ | (8,207)
​ The Company's revenue and long-lived tangible assets, including the Company's operating lease assets recognized on the condensed consolidated balance sheets were located as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ | ​ | 2025 | ​ | 2026 | ​ ​ ​ | 2025 | ​ | 2026
Revenue: |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
United States | ​ | $ | 101,411 | ​ | $ | 104,645 | ​ | $ | 204,083 | ​ | $ | 219,205
Canada | ​ |  | 1,202 | ​ |  | 1,714 | ​ |  | 2,294 | ​ |  | 4,710
Total revenue | ​ | $ | 102,613 | ​ | $ | 106,359 | ​ | $ | 206,377 | ​ | $ | 223,915
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​ | June 30, | ​
​ | ​ | 2025 | ​ | 2026 | ​
Long-lived assets: | ​ |  | ​ | ​ |  | ​ | ​
United States | ​ | $ | 582,414 | ​ | $ | 584,870 | ​
Canada | ​ |  | 13,847 | ​ |  | 14,053 | ​
Total long-lived assets | ​ | $ | 596,261 | ​ | $ | 598,923 | ​
​

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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