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SEGMENTS
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENTS SEGMENTS
Our chief operating decision maker (“CODM”), the Chief Executive Officer and Chairman of the Board, manages the Company’s business activities as a single operating and reportable segment at the consolidated level. Accordingly, our CODM uses consolidated net loss to measure segment profit or loss, allocate resources and assess performance. Further, the CODM reviews and utilizes functional expenses (cost of sales and general and administrative) at the consolidated level to manage the Company’s operations. The CODM uses these metrics to evaluate future acquisitions of complementary businesses and divestitures of non-core assets.
Our single operating segment derives its revenues from the manufacturing and subsequent sale of PV solar modules in the United States for our U.S. customers.
The measure of segment assets is reported on the Condensed Consolidated Balance Sheet as Total Assets. We do not have intra-entity transactions. Segment results are as follows (in thousands):
Three months ended September 30,Nine months ended September 30,
2025202420252024
Total net sales$210,522 $— $396,741 $— 
Less:
Cost of sales189,374 — 325,051 — 
Selling, general and administrative62,663 17,397 166,027 46,085 
Interest expense (income)
9,395 (1,074)27,293 (3,627)
Other segment items (1)
88,766 (2,144)62,521 (6,638)
Income tax (benefit) expense(12,083)— (20,575)11 
Net loss from continuing operations$(127,593)$(14,179)$(163,576)$(35,831)
(1)    Other segment items includes warrant liability fair value adjustment, impairment of intangible assets, derivative liabilities fair value adjustment, foreign currency transaction (loss) gain and other (expense) income, net, from our condensed consolidated statements of operations and comprehensive loss.
Within our single segment for the three and nine months ended September 30, 2025 total expenditures for additions to long-lived assets were $6.4 million and $36.5 million, respectively. There were no capital expenditures for continuing operations for three and nine months ended September 30, 2024.