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Investments in Other Entities and Noncontrolling Interest in a Subsidiary (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Equity Method Investments [Line Items]

The following table presents the combined summarized financial information of the TotalEnergies joint venture (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2026		2025		2026
Revenue	$	821	$	986	$	1,673	$	1,848
Gross profit		599		658		1,020		1,206
Operating loss		(308)		(369)		(882)		(844)
Net loss	$	(474)	$	(514)	$	(1,216)	$	(1,137)



	December 31, 2025		June 30, 2026
Current assets	$	2,920	$	3,394
Non-current assets		29,796		29,018
Total assets	$	32,716	$	32,412

Current liabilities	$	3,907	$	5,493
Non-current liabilities		19,077		18,323
Total liabilities	$	22,984	$	23,816

bpJV

Schedule of Equity Method Investments [Line Items]

Summary of financial information

Combined summarized financial information of the bpJV is as follows (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2026		2025		2026
Revenue	$	1,674	$	5,291	$	3,621	$	8,776
Gross profit		(3,364)		(2,083)		(6,902)		(4,174)
Operating loss		(13,864)		(11,197)		(26,104)		(22,921)
Net loss		(10,960)		(10,102)		(21,953)		(21,090)
Net loss attributable to bpJV	$	(9,983)	$	(9,072)	$	(19,666)	$	(18,829)


	December 31, 2025		June 30, 2026
Current assets	$	61,046	$	87,598
Non-current assets		385,681		376,755
Total assets	$	446,727	$	464,353

Current liabilities	$	19,389	$	17,420
Non-current liabilities		39,672		80,357
Total liabilities	$	59,061	$	97,777

Equity attributable to shareowners of bpJV	$	372,633	$	353,803
Equity attributable to noncontrolling interest		15,033		12,773
Total equity	$	387,666	$	366,576

Maas Energy Works, LLC Joint Development

Schedule of Equity Method Investments [Line Items]

Summary of financial information

Summarized financial information of the Maas Projects is as follows (in thousands):


	December 31, 2025		June 30, 2026
Current assets	$	6,211	$	11,486
Non-current assets		45,250		65,284
Total assets	$	51,461	$	76,770

Current liabilities	$	6,882	$	8,005
Non-current liabilities		—		—
Total liabilities	$	6,882	$	8,005

SAFE S.p.A.

Schedule of Equity Method Investments [Line Items]

Summary of financial information

Summarized financial information of SAFE S.p.A. is as follows (in thousands):


		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2025		2026		2025		2026
Revenue		$	28,402	$	37,264	$	48,730	$	69,365
Gross profit			10,711		11,241		17,472		22,516
Operating income (loss)			1,723		(1,208)		1,004		1,370
Net income (loss)		$	1,158	$	(2,222)	$	196	$	19


						December 31, 2025		June 30, 2026
Current assets						$	79,101	$	81,793
Non-current assets							58,510		50,872
Total assets						$	137,611	$	132,665

Current liabilities						$	76,063	$	78,344
Non-current liabilities							11,950		6,920
Total liabilities						$	88,013	$	85,264

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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