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Summary of Significant Accounting Policies (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2024 | Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract] |  |
Schedule of Condensed Consolidated Statement of Operations | Impact to the condensed consolidated statement of operations for the three months ended September 30, 2023
|  | As reported |  | Adjustment |  | As restated
Cost of goods sold (exclusive of depreciation and amortization shown below) |  | $ | 28,950,493 |  |  | $ | (8,477,406 | ) |  | $ | 20,473,087 |
Depreciation and amortization |  | $ | 524,461 |  |  | $ | (3,172 | ) |  | $ | 521,289 |
Sales and marketing |  | $ | 764,828 |  |  | $ | 7,830,817 |  |  | $ | 8,595,645 |
General and administrative |  | $ | 3,693,550 |  |  | $ | 609,303 |  |  | $ | 4,302,853 |
Total operating expenses |  | $ | 33,933,332 |  |  | $ | (40,458 | ) |  | $ | 33,892,874 |
(Loss) Income from operations |  | $ | 3,960,834 |  |  | $ | 40,458 |  |  | $ | 4,001,292 |
Interest expense |  | $ | (295 | ) |  | $ | (10,101 | ) |  | $ | (10,396 | )
Total other income (expense), net |  | $ | 8,856 |  |  | $ | (10,101 | ) |  | $ | (1,245 | )
Net income |  | $ | 3,969,690 |  |  | $ | 30,357 |  |  | $ | 4,000,047 |
Impact to the condensed consolidated statement of operations for the nine months ended September 30, 2023
|  | As reported |  | Adjustment |  | As restated
Cost of goods sold (exclusive of depreciation and amortization shown below) |  | $ | 68,204,199 |  |  | $ | (18,958,478 | ) |  | $ | 49,245,721 |
Depreciation and amortization |  | $ | 1,446,626 |  |  | $ | (15,144 | ) |  | $ | 1,431,482 |
Sales and marketing |  | $ | 1,805,308 |  |  | $ | 18,008,671 |  |  | $ | 19,813,979 |
General and administrative |  | $ | 8,846,154 |  |  | $ | 869,904 |  |  | $ | 9,716,058 |
Total operating expenses |  | $ | 80,302,287 |  |  | $ | (95,047 | ) |  | $ | 80,207,240 |
(Loss) Income from operations |  | $ | 6,402,733 |  |  | $ | 95,047 |  |  | $ | 6,497,780 |
Interest expense |  | $ | (39,838 | ) |  | $ | (23,082 | ) |  | $ | (62,920 | )
Total other income (expense), net |  | $ | (32,856 | ) |  | $ | (23,082 | ) |  | $ | (55,938 | )
Net income |  | $ | 6,369,877 |  |  | $ | 71,965 |  |  | $ | 6,441,842 |
Schedule of Condensed Consolidated Statement of Changes in Redeemable Noncontrolling Interest | Impact to the condensed consolidated statement of changes in redeemable noncontrolling interests and members’ equity for the three and nine months ended September 30, 2023
|  | As reported |  | Adjustment |  | As restated
Retained earnings |  |  |  |  |  |  |  |  |
Net income prior to the business combination |  | $ | 1,602,939 |  | $ | 9,798 |  |  | 1,612,737
Balance, March 31, 2023 |  | $ | 1,556,598 |  | $ | 9,798 |  | $ | 1,566,396
Net income prior to the business combination |  | $ | 797,249 |  | $ | 31,809 |  | $ | 829,058
Balance, June 30, 2023 |  | $ | 1,992,528 |  | $ | 41,607 |  | $ | 2,034,135
Net income prior to the business combination |  | $ | 3,969,690 |  | $ | 30,357 |  | $ | 4,000,047
Balance, September 30, 2023 |  | $ | 3,200,342 |  | $ | 71,964 |  | $ | 3,272,306
Total Stockholders’ Equity |  |  |  |  |  |  |  |  |
Net income prior to the business combination |  | $ | 1,602,939 |  | $ | 9,798 |  | $ | 1,612,737
Balance, March 31, 2023 |  | $ | 32,712,462 |  | $ | 9,798 |  | $ | 32,722,260
Net income prior to the business combination |  | $ | 797,249 |  | $ | 31,809 |  | $ | 829,058
Balance, June 30, 2023 |  | $ | 33,259,392 |  | $ | 41,607 |  | $ | 33,189,999
Net income prior to the business combination |  | $ | 3,969,690 |  | $ | 30,357 |  | $ | 4,000,047
Balance, September 30, 2023 |  | $ | 34,356,206 |  | $ | 71,964 |  | $ | 34,428,170
Schedule of Condensed Consolidated Statement of Cash Flows | Impact to the condensed consolidated statement of cash flows for the nine months ended September 30, 2023
|  | As reported |  | Adjustment |  | As restated
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Net Income |  | $ | 6,369,877 |  |  | $ | 71,965 |  |  | $ | 6,441,842 |
Adjustment to reconcile net loss to cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 1,446,626 |  |  | $ | (79,906 | ) |  | $ | 1,366,720 |
Non-cash operating lease expense |  | $ | — |  |  | $ | 399,610 |  |  | $ | 399,610 |
Non-cash finance lease expense |  | $ | — |  |  | $ | 64,762 |  |  | $ | 64,762 |
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Operating lease |  | $ | 9,721 |  |  | $ | (399,611 | ) |  | $ | (389,890 | )
Net cash used in operating activities |  | $ | 5,609,528 |  |  | $ | 56,820 |  |  | $ | 5,666,348 |
Cash flows from Investing Activities |  |  |  |  |  |  |  |  |  |  |  |
Purchase of property, plant and equipment |  | $ | (907,563 | ) |  |  | 745,795 |  |  | $ | (161,768 | )
Net cash provided by investing activities |  | $ | (907,563 | ) |  |  | 745,795 |  |  | $ | (161,768 | )
Cash flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Issuance of debt |  | $ | 938,003 |  |  | $ | (745,793 | ) |  | $ | 192,210 |
Repayments of finance lease |  | $ | — |  |  | $ | (56,822 | ) |  | $ | (56,822 | )
Net cash provided by financing activities |  | $ | (2,624,251 | ) |  | $ | (802,615 | ) |  | $ | (3,426,866 | )
Non-cash transactions |  |  |  |  |  |  |  |  |  |  |  |
Right-of-use assets obtained in exchange for operating lease liabilities |  | $ | — |  |  | $ | 653,663 |  |  | $ | 653,663 |
Right-of-use assets obtained in exchange for finance lease liabilities |  | $ | — |  |  | $ | 682,365 |  |  | $ | 682,365 |
Schedule of Revenue Recognition | Thus, revenue recognition is in turn matched with the installation equipment costs and expense associated with the completion of each project.
|  | For the three months ended September 30, |  | For the nine months ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Solar systems installations, gross |  | $ | 24,120,570 |  |  | $ | 50,904,324 |  |  | $ | 69,727,470 |  |  | $ | 115,213,716 |
Financing fees |  |  | (4,890,020 | ) |  |  | (14,941,988 | ) |  |  | (17,394,944 | ) |  |  | (33,726,283 | )
Solar systems installations, net |  |  | 19,230,550 |  |  |  | 35,962,336 |  |  |  | 52,332,526 |  |  |  | 81,487,433 |
Roofing installations |  |  | 427,355 |  |  |  | 1,931,830 |  |  |  | 2,263,807 |  |  |  | 5,217,587 |
Total net revenues |  | $ | 19,657,905 |  |  | $ | 37,894,166 |  |  | $ | 54,596,333 |  |  | $ | 86,705,020 |
Schedule of Change in Contract Liabilities | The following table summarizes the change in contract liabilities:
|  | September 30, 2024 |  | December 31, 2023
Contract liabilities, beginning of the period |  | $ | 5,223,518 |  |  | $ | 1,149,047 |
Revenue recognized from amounts included in contract liabilities at the beginning of the period |  |  | (5,223,518 | ) |  |  | (1,149,047 | )
Cash received prior to completion of performance obligation |  |  | 601,681 |  |  |  | 5,223,518 |
Contract liabilities, as of the end of the period |  | $ | 601,681 |  |  | $ | 5,223,518 |
Schedule of Computation of the Basic and Diluted Income Per Share of Class A Common Stock | The following table presents the computation of the basic and diluted income per share of Class A Common Stock for the period of March 13, 2024 (the Closing Date) to September 30, 2024:
|  | Three months ended September 30, 2024 |  | Nine months ended September 30, 2024
Numerator |  |  |  |  |  |  |  |
Net income attributable to Class A common shareholders |  | $ | (424,262 | ) |  | $ | (2,233,543 | )
Denominator |  |  |  |  |  |  |  |
Basic and diluted weighted-average shares of Class A common stock outstanding |  |  | 5,053,942 |  |  |  | 3,696,721 |
Net income per share of Class A common stock – basic and diluted |  | $ | (0.08 | ) |  | $ | (0.60 | )
| The earnings per share presented in the statement of operations is based on the following:
|  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
Net (loss) income |  | $ | (3,001,194 | ) |  | $ | 14,334,250 |
Accretion of temporary equity to redemption value |  |  | 6,167,983 |  |  |  | (3,984,431 | )
Net income including accretion of temporary equity to redemption value |  | $ | 3,166,789 |  |  | $ | 10,349,819 |
|  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
|  | Redeemable Class A |  | Non-redeemable Class A and Class B |  | Redeemable Class A |  | Non-redeemable Class A and Class B
Basic and diluted net (loss) income per share |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of net (loss) income including accretion of temporary equity |  | $ | 1,140,044 |  |  | $ | 2,026,745 |  | $ | 8,279,855 |  | $ | 2,069,964
Allocation of accretion of temporary equity to redemption value |  |  | (6,167,983 | ) |  |  | — |  |  | 3,984,431 |  |  | —
Allocation of net (loss) income |  | $ | (5,027,939 | ) |  | $ | 2,026,745 |  | $ | 12,264,286 |  | $ | 2,069,964
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 3,821,284 |  |  |  | 6,900,000 |  |  | 27,600,000 |  |  | 6,900,000
Basic and diluted net (loss) income per share |  | $ | (1.32 | ) |  | $ | 0.29 |  | $ | 0.44 |  | $ | 0.30

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