XML 22 R12.htm IDEA: XBRL DOCUMENT v3.23.3
Inventories
9 Months Ended
Sep. 30, 2023
Inventories [Abstract]  
Inventories

Note 3—Inventories

 

Inventories consisted of the following:

 


September 30,

2023

December 31,

2022

 


(in thousands)

Natural gas

$

1,569

$

3,302

 

Renewable credits

 

8,630

 

10,531

Solar panels

5,107

1,881

Totals

$

15,306

$

15,714

 

In the third quarter of 2023, the Company recorded an inventory valuation allowance of $0.8 million to the cost of revenues to write down the carrying value of solar panel inventories to the estimated net realizable value.