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Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Right-of-use Assets and Lease Liabilities
Information regarding ROU lease assets and liabilities were as follows:
(in thousands)December 31, 2025December 31, 2024
Lease assets
Finance leases$1,282 $1,141 
Operating leases2,708 1,016 
Total lease assets$3,990 $2,157 
Lease liabilities
Current
Finance leases$452 $377 
Operating leases398 494 
Noncurrent
Finance leases727 759 
Operating leases3014 691 
Total lease liabilities$4,591 $2,321 
Schedule of Components of Lease Related Expense
December 31, 2025December 31, 2024
Weighted average remaining lease term (years)
Finance leases2.83.1
Operating leases2.63.1
Weighted average discount rate
Finance leases5.3 %4.5 %
Operating leases6.5 %4.0 %
(in thousands)December 31, 2025December 31, 2024
Lease Costs
Finance lease cost
Amortization of ROU assets$355 $198 
Interest on lease liabilities59 44 
Total finance lease cost414 242 
Operating leases490 377 
Total lease cost$904 $619 
Schedule of Remaining Aggregate Annual Minimum Finance Lease Payments
The maturity analysis of lease liabilities as of December 31, 2025 was as follows:
(in thousands)Finance Lease ObligationsOperating Lease Obligations
2026$506 $609 
2027410 607 
2028271 618 
202997 636 
2030— 656 
Thereafter— 1,129 
Subtotal1,284 4,255 
Less: amount representing interest105 843 
Total$1,179 $3,412 
Schedule of Supplemental Cash Flow Information
Years Ended
December 31,
(in thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for finance leases$59 $44 
Operating cash flows used for operating leases405 264 
Financing cash flows used for finance leases401 273 
Right-of-use assets obtained in exchange for lease obligations
Finance leases443 818 
Operating leases— 136 
Other
Operating lease remeasurement2,095 — 
Income taxes paid, net of refunds received were as follows:
(in thousands)Years Ended
December 31,
20252024
Cash paid for income taxes
Federal$1,542 $107 
State190 — 
Total taxes paid, net of refunds$1,732 $107 
The following is supplemental cash flow information:
Years Ended
December 31,
(in thousands)20252024
Supplemental cash flow information:
Cash paid for interest - net of amounts capitalized$5,693 $5,176 
Non-cash financing and investing activities:
Capital expenditures included in accounts payable and accrued liabilities2,789 7,201 
Utility Plant constructed by developers and conveyed26,015 10,829 
HUF transferred to CIAC1,295 3,909 
Schedule of Remaining Aggregate Annual Minimum Operating Lease Payments
The maturity analysis of lease liabilities as of December 31, 2025 was as follows:
(in thousands)Finance Lease ObligationsOperating Lease Obligations
2026$506 $609 
2027410 607 
2028271 618 
202997 636 
2030— 656 
Thereafter— 1,129 
Subtotal1,284 4,255 
Less: amount representing interest105 843 
Total$1,179 $3,412