XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.25.3

Disaggregation of Revenues and Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Disaggregation of Revenues and Segment Reporting [Abstract] |
Schedule of Net Revenues | The Company’s net revenues for the three and nine months ended September 30, 2025 and 2024 are disaggregated as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Solar system installations, net |  | $ | 23,635,215 |  |  | $ | 19,230,550 |  |  | $ | 49,699,771 |  |  | $ | 52,332,526 |
Roofing installations |  |  | 261,233 |  |  |  | 427,355 |  |  |  | 1,082,302 |  |  |  | 2,263,807 |
Total net revenues |  | $ | 23,896,448 |  |  | $ | 19,657,905 |  |  | $ | 50,782,073 |  |  | $ | 54,596,333 |
Schedule of Segment Information | Segment information for the three and nine months ended September 30, 2025 and 2024 are as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net revenues |  | $ | 23,896,448 |  |  | $ | 19,657,905 |  |  | $ | 50,782,073 |  |  | $ | 54,596,333 |
Less: cost of revenues (exclusive of depreciation and amortization shown below): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct labor |  |  | 2,218,124 |  |  |  | 2,787,617 |  |  |  | 5,692,497 |  |  |  | 7,666,087 |
Materials |  |  | 7,230,607 |  |  |  | 7,389,256 |  |  |  | 13,678,280 |  |  |  | 20,614,402 |
Other |  |  | 604,935 |  |  |  | (389,523 | ) |  |  | 2,757,055 |  |  |  | 2,524,666 |
Cost of revenues (exclusive of depreciation and amortization): |  |  | 10,053,666 |  |  |  | 9,787,350 |  |  |  | 22,127,832 |  |  |  | 30,805,155 |
Less: depreciation and amortization related to cost of revenues |  |  | 135,393 |  |  |  | 283,326 |  |  |  | 568,415 |  |  |  | 614,272 |
Total gross profit |  | $ | 13,707,389 |  |  | $ | 9,587,229 |  |  | $ | 28,085,826 |  |  | $ | 23,176,906 |
Depreciation and amortization |  |  | 114,054 |  |  |  | 216,550 |  |  |  | 7,757,213 |  |  |  | 798,802 |
Commissions expense |  |  | 5,965,767 |  |  |  | 4,893,360 |  |  |  | 12,735,435 |  |  |  | 12,663,350 |
Sales and marketing (exclusive of commissions expense above) |  |  | 3,622,618 |  |  |  | 309,165 |  |  |  | 4,619,082 |  |  |  | 3,515,025 |
General and administrative |  |  | 5,985,459 |  |  |  | 7,151,005 |  |  |  | 21,319,509 |  |  |  | 15,893,998 |
Other income, net |  |  | (165,308 | ) |  |  | (137,508 | ) |  |  | (300,999 | ) |  |  | (188,329 | )
Interest expense |  |  | 129,719 |  |  |  | 209,227 |  |  |  | 130,007 |  |  |  | 294,257 |
Gain on change in fair value of warrant liabilities |  |  | (124,200 | ) |  |  | (138,000 | ) |  |  | (691,380 | ) |  |  | (828,000 | )
Total net loss before income taxes |  |  | (1,820,720 | ) |  |  | (2,916,570 | ) |  |  | (17,483,041 | ) |  |  | (8,972,197 | )
Income tax benefit (provision) |  |  | (48,752 | ) |  |  | 44,146 |  |  |  | (385,258 | ) |  |  | 235,352 |
Net loss |  | $ | (1,869,472 | ) |  | $ | (2,872,424 | ) |  | $ | (17,868,299 | ) |  | $ | (8,736,845 | )

X
- References No definition available. + Details
Name: | us-gaap_DisaggregationOfRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration