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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

For the three months ended March 31, 2025 and 2024, disaggregated revenue from contracts with customers by major source and customer class are as follows (in thousands):

									Three Months Ended March 31,
												2025			2024
Regulated revenue
Water Service
Residential												$	4,388		$	4,162
Irrigation												620			367
Commercial												383			328
Multi-family												81			57
Construction												327			153
Other water revenue												181			159
Total water revenue												5,980			5,226
Wastewater and recycled water service
Residential												5,868			5,834
Commercial												287			305
Multi-family												49			39
Recycled water revenue												193			121
Other wastewater revenue												80			85
Total wastewater and recycled water revenue												6,477			6,384
Total regulated revenue												12,457			11,610
Total revenue												$	12,457		$	11,610

Schedule of Contract Assets, Liabilities and Deferred Revenue

The Company’s contract assets and liabilities consist of the following (in thousands):

			March 31, 2025			December 31, 2024
Contract assets
Accounts receivable, net			$	3,300		$	3,233
Total contract assets			$	3,300		$	3,233
Contract liabilities
Deferred revenue - ICFA			$	21,559		$	21,517
Total contract liabilities			$	21,559		$	21,517

			December 31, 2024 Balance			Payments Allocated to Deferred Revenue			Revenue Recognized			March 31, 2025 Balance
Deferred Revenue - ICFA			$	21,517		$	42		$	—		$	21,559

Schedule of Accounts Receivable

Accounts receivable as of March 31, 2025 and December 31, 2024 consist of the following (in thousands):

			March 31, 2025			December 31, 2024
Billed receivables			$	3,495		$	3,396
Less provision for credit losses			(195)			(163)
Accounts receivable, net			$	3,300		$	3,233

Schedule of Allowance for Doubtful Accounts Activity

The following table summarizes the allowance for credit loss activity as of March 31, 2025 and December 31, 2024 (in thousands):

			March 31, 2025			December 31, 2024
Beginning of Period			$	(163)		$	(122)
Credit Loss Expense			(30)			(103)
Write Offs			1			90
Recoveries			(3)			(28)
End of Period			$	(195)		$	(163)

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

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-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
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-Section 50
-Paragraph 13
-Publisher FASB
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