Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	[1]	$ 574,764	$ 802,851
Restricted cash		1,128	110,622
Accounts receivable, less allowance for doubtful accounts	[1],[2]	467,038	335,841
Contract assets	[3]	129,798	145,162
Inventories	[1]	689,963	544,656
Deferred cost of revenue		30,525	58,792
Prepaid expenses and other current assets	[1],[4]	40,070	46,203
Total current assets		1,933,286	2,044,127
Property, plant and equipment, net	[1]	402,880	403,475
Operating lease right-of-use assets	[1],[5]	117,280	122,489
Restricted cash		30,155	37,498
Deferred cost of revenue		1,511	3,629
Other long-term assets	[1],[6]	45,310	46,136
Total assets		2,530,422	2,657,354
Current liabilities:
Accounts payable	[1],[7]	144,781	92,704
Accrued warranty	[8]	11,993	16,559
Accrued expenses and other current liabilities	[1],[9]	116,619	138,450
Deferred revenue and customer deposits	[10]	59,964	243,314
Operating lease liabilities	[1],[11]	21,201	19,642
Financing obligations		29,074	11,704
Recourse debt		2,229	114,385
Non-recourse debt	[1],[12]	1,478	0
Total current liabilities		387,339	636,758
Deferred revenue and customer deposits	[1],[13]	47,649	43,105
Operating lease liabilities	[1],[14]	117,452	124,523
Financing obligations		219,894	244,132
Recourse debt		1,126,234	1,010,350
Non-recourse debt	[1],[15]	2,956	4,057
Other long-term liabilities		9,468	9,213
Total liabilities		1,910,992	2,072,138
Commitments and contingencies (Note 11)
Stockholders’ equity:
Common stock: $0.0001 par value; Class A shares — 600,000,000 shares authorized, and 233,661,168 shares and 229,142,474 shares issued and outstanding, and Class B shares — 470,092,742 shares authorized, and no shares issued and outstanding at June 30, 2025, and December 31, 2024, respectively		23	23
Additional paid-in capital		4,560,346	4,462,659
Accumulated other comprehensive loss		(806)	(2,593)
Accumulated deficit		(3,964,982)	(3,897,618)
Total equity attributable to common stockholders		594,581	562,471
Noncontrolling interest		24,849	22,745
Total stockholders’ equity		619,430	585,216
Total liabilities and stockholders’ equity		$ 2,530,422	$ 2,657,354

[1] We have variable interest entity related to a joint venture in the Republic of Korea (see Note 15 — SK ecoplant Strategic Investment), which represents a portion of the consolidated balances recorded within these financial statement line items.

[2] Including amounts from related parties of $90.9 million and $93.5 million as of June 30, 2025, and December 31, 2024, respectively.

[3] Including amounts from related parties of $0.8 million as of December 31, 2024. Related party balance as of June 30, 2025, was inconsequential.

[4] Including amounts from related parties of $1.0 million and $1.2 million as of June 30, 2025, and December 31, 2024, respectively.

[5] Including amounts from related parties of $1.3 million and $1.4 million as of June 30, 2025, and December 31, 2024, respectively.

[6] Including amounts from related parties of $8.7 million and $8.8 million as of June 30, 2025, and December 31, 2024, respectively.

[7] Including amounts from related parties of $0.04 million as of June 30, 2025. There were no related party balances as of December 31, 2024.

[8] Including amounts from related parties of $1.3 million and $1.2 million as of June 30, 2025, and December 31, 2024, respectively.

[9] Including amounts from related parties of $7.5 million and $4.0 million as of June 30, 2025, and December 31, 2024, respectively.

[10] Including amounts from related parties of $5.6 million and $8.9 million as of June 30, 2025, and December 31, 2024, respectively.

[11] Including amounts from related parties of $0.5 million and $0.4 million as of June 30, 2025, and December 31, 2024, respectively.

[12] Including amounts from related parties of $1.5 million as of June 30, 2025. There were no related party balances as of December 31, 2024.

[13] Including amounts from related parties of $2.5 million and $3.3 million as of June 30, 2025, and December 31, 2024, respectively.

[14] Including amounts from related parties of $0.8 million and $1.0 million as of June 30, 2025, and December 31, 2024, respectively.

[15] Including amounts from related parties of $3.0 million and $4.1 million as of June 30, 2025, and December 31, 2024, respectively.