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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 13,164 $ 43,499
Held-to-maturity investment securities 0 12,374
Trade and other receivables, net of allowance 9,527 9,456
Contract assets, net of allowance 6,541 18,975
Other current assets 10,456 15,030
Total current assets 39,688 99,334
Property, plant and equipment, net 17,128 22,333
Right-of-use assets 14,378 26,790
Equity method investment 13,272 4,363
Equity security investment 14,990 14,990
Other non-current assets 751 6,873
Total assets 100,207 174,683
Current liabilities:    
Accounts payable 10,869 5,289
Other accrued liabilities 10,278 8,876
Warrants 11 3,531
Fixed Maturity Consideration and current FPA Put Option liability 4,123 4,123
Contract liabilities 423 6,168
Accrued salaries and wages 1,843 2,302
Current lease liabilities 176 158
Total current liabilities 27,723 30,447
Non-current lease liabilities 16,388 30,619
Non-current contract liabilities 5,896 5,233
FPA Put Option liability 30,015 30,015
Brookfield SAFE liability 0 13,223
Brookfield Loan liability 10,900 0
Convertible Note 0 51,112
Other long-term liabilities 8 587
Total liabilities 90,930 161,236
Commitments and Contingencies (Note 18)
Mezzanine Equity    
Convertible preferred stock, $0.0001 par value; 20,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 20,000,000 and no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively [1] 2 0
Preferred stock - additional paid-in capital 13,167 0
Total mezzanine equity 13,169 0
Shareholders’ Equity/(Deficit)    
Common stock, $0.0000001 par value, 258,000 shares authorized as of September 30, 2025 and December 31, 2024; 2,320,025 and 1,949,157 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively [1] 23 19
Additional paid-in capital 1,013,195 981,638
Accumulated other comprehensive income 1,444 1,393
Accumulated deficit (1,018,554) (969,603)
Total shareholders’ equity/(deficit) (3,892) 13,447
Total liabilities, mezzanine equity and shareholders' equity $ 100,207 $ 174,683
[1] All common stock share and per share data for all periods presented have been retroactively adjusted to reflect the 1-for-100 reverse stock split of the Company’s common stock and the decrease in the par value of the Company’s common stock from $0.0001 to $0.0000001 per share which became effective on August 18, 2025