GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Components of Goodwill

The components of goodwill as of September 30, 2024 are as follows:

	As of September 30, 2024
GC Data Center Equity Holdings, LLC		$	30,852
Garden City Acquisition		14,510
Total goodwill		$	45,362

Schedule of Intangible Assets

The following table presents the Company’s intangible assets as of September 30, 2024:

	As of September 30, 2024
(in thousands)	Cost		Accumulated amortization		Net
Customer relationships	$	22,000	$	(22,000)	$	—
Intellectual property	2,633		(658)		1,975
Total intangible assets	$	24,633	$	(22,658)	$	1,975

Schedule of Estimated Future Amortization of Finite-Lived Intangible Assets

The following table presents the Company’s estimated future amortization of finite-lived intangible assets as of September 30, 2024:

Year	Amount (in thousands)
2024 (remaining)	$	220
2025	878
2026	877
Thereafter	—
Total	$	1,975