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Prepaid and other current assets
6 Months Ended
Jun. 30, 2025
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid and other current assets

5. Prepaid and other current assets

Prepaid and other current assets consisted of the following:

(in thousands)

 

June 30, 2025

 

 

December 31, 2024

 

Vendor deposits

 

$

6,344

 

 

$

7,184

 

Vendor deposits with related party

 

 

2,029

 

 

 

2,005

 

Prepaid expenses

 

 

763

 

 

 

842

 

Prepaid taxes

 

 

685

 

 

 

595

 

Deferred cost of revenue

 

 

337

 

 

 

433

 

Other current assets

 

 

3,655

 

 

 

3,969

 

Total

 

$

13,813

 

 

$

15,028

 

At June 30, 2025 and December 31, 2024, other current assets included $2.0 million for a non-interest-bearing customer advance related to pre-project construction financing activities. This advance is secured by certain customer assets.