Variable Interest Entities and Voting Interest Entities (Tables)

12 Months Ended

Dec. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Variable Interest Entities of Assets and Liabilities

The carrying amount of the assets and liabilities was as follows for DVSL JVCo:

(Dollars in thousands)	December 31, 2025		December 31, 2024
Current assets:
Cash and restricted cash	$	3,305	$	2,598
Accounts receivable, net	805		481
Other receivable, related party	1,661		1,090
Prepaids and other current assets	85		34
Total current assets	5,856		4,203
Other assets- long term, related party	2,091		2,452
Operating lease right-of-use assets	39		42
Property, plant, and equipment	12,035		12,744
Total assets	$	20,021	$	19,441
Current liabilities:
Due to intercompany	$	152	$	51
Accrued expense	909		1,608
Customer deposits-current	789		296
Income tax payable	26		—
Current portion of debt	1,139		—
Operating lease liability	4		4
Total current liabilities	3,019		1,959
Operating lease liability	34		39
Customer deposits- long term	320		—
Long-term debt	2,920		—
Other liabilities, related party	699		275
Total liabilities	$	6,992	$	2,273

The carrying amount of the VIE’s assets and liabilities was as follows for DVCC:

(Dollars in thousands)	December 31, 2025		December 31, 2024
Current assets:
Cash and restricted cash	$	1,122	$	2,057
Accounts receivable	27		37
Prepaids and other current assets	91		49
Other receivable, related party	584		1,692
Total current assets	1,824		3,835
Other assets- long term, related party	2,091		2,452
Operating lease right-of-use assets	39		42
Property, plant, and equipment, net	14,795		17,774
Total assets	$	18,749	$	24,103
Current liabilities:
Due to intercompany	$	1,583	$	1,475
Accrued expense	833		1,392
Income tax payable	6		—
Operating lease liability	4		4
Current portion of debt	—		137
Total current liabilities	2,426		3,008
Operating lease liability	34		39
Total liabilities	$	2,460	$	3,047

The carrying amount of the assets and liabilities was as follows for DVSL II JVCo:

(Dollars in thousands)	December 31, 2025		December 31, 2024
Current assets:
Cash and restricted cash	$	7,969	$	402
Accounts receivable, trade	3,054		—
Accounts receivable, intercompany	175		2,868
Prepaids and other current assets	77		41
Other receivable, related party	2,580		3,370
Total current assets	13,855		6,681
Other assets- long term, related party	4,036		13,223
Operating lease right-of-use asset	74		82
Property, plant, and equipment, net	24,296		—
Deposits on equipment	—		716
Total assets	$	42,261	$	20,702
Current liabilities:
Accounts payable, trade	$	8	$	—
Accounts payable, related party	627		3,598
Due to intercompany	—		9
Accrued liabilities	5,160		—
Income tax payable	13		—
Current portion of debt	2,574		—
Other current liabilities	91		—
Operating lease liability	8		7
Total current liabilities	8,481		3,614
Other liabilities	2,071		—
Other liabilities- related party	854		—
Long-term debt	7,293		—
Operating lease liability	66		74
Total liabilities	$	18,765	$	3,688

The carrying amount of assets and liabilities were as follows for KKSL JVCo:

(Dollars in thousands)	December 31, 2025
Current assets:
Cash and restricted cash	$	1,621
Due from intercompany	725
Loan commitment assets	3,018
Prepaids and other current assets	393
Total current assets	5,757
Other assets- long term, related party	3,300
Finance lease right-of-use assets	2,246
Property, plant, and equipment, net	15,918
Deposits on equipment	1,377
Total assets	$	28,598
Current liabilities:
Accounts payable, trade	$	2,236
Accounts payable, related party	2,590
Accrued liabilities	2,152
Finance lease liability	20
Total current liabilities	6,998
Other liabilities-related party	1,373
Finance lease liability	2,236
Total liabilities	$	10,607