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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 62,743 $ 44,450
Accounts receivable, net of allowance for credit losses of $118 and $47, respectively 32,514 12,506
VAT receivable 5,677 3,851
Inventories, net 104,243 75,281
Assets held for sale 0 629
Prepaid expenses and other current assets 15,948 8,314
Total current assets 221,125 145,031
Property, plant and equipment, net 28,147 30,107
Right of use asset operating lease 2,086 2,423
Right of use asset finance lease 38,650 45,081
Deferred income taxes 49,520 1,024
Other long-term assets 1,229 550
Total assets 340,757 224,216
Current liabilities    
Accounts and contractual payables 98,579 49,574
Accrued payroll and other employee costs 9,633 6,286
Accrued warranty 1,997 2,389
Customer deposits 8,176 0
Deferred Revenue 506 8,556
Current portion of long-term debt 2,875 2,875
Lease liability finance lease, current 1,277 1,256
Other current liabilities 9,804 9,889
Total current liabilities 132,847 80,825
Long-term debt, net of current portion 104,679 105,540
Warrant liability 148,650 136,319
Accrued pension costs 1,268 1,073
Lease liability operating lease, long-term 2,220 2,645
Lease liability finance lease, long-term 41,259 46,678
Other long-term liabilities 708 1,409
Total liabilities 431,631 374,489
Stockholders' deficit    
Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024) 0 0
Common stock, $0.01 par value, 50,000,000 shares authorized, 19,077,086 and 18,960,608 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 221 221
Additional paid in capital 72,006 69,404
Accumulated other comprehensive income 2,836 721
Accumulated deficit (165,937) (220,619)
Total stockholders' deficit (90,874) (150,273)
Total liabilities and stockholders' deficit $ 340,757 $ 224,216