Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Dec. 31, 2025	Jun. 30, 2025	Mar. 31, 2025
Operating Activities
Net loss	$ (17,902)	$ (16,070)	$ (7,780)	$ (7,354)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	2,229			1,506
Amortization expense	2,374			2,373
Stock-based compensation	10,222			1,847
Deferred income taxes	(632)			(437)
Right of first refusal amortization gain	(90)			0
Amortization of operating and finance lease asset	56			15
Gain on debt extinguishment and revaluation, net	0			(551)
Amortization of deferred financing costs and discount on notes	436			153
Fair value adjustments, including SEPA	0			118
SEPA commitment cost	250			0
Gain on sale of fixed assets	(32)			0
Changes in operating assets and liabilities:
Accounts receivable	66			329
Prepaid expenses and other current assets	(1,514)			(197)
Other long-term assets	0			1,606
Accounts payable	(2,085)			481
Contract termination liability	0			(667)
Deferred revenue	161			0
Operating lease liabilities	(8)			(15)
Other liabilities and customer deposits	406			374
Accrued liabilities and interest payable	(309)			242
Net cash used in operating activities	(6,372)			(177)
Investing Activities
Purchases of property, plant, and equipment	(2,565)			(3,534)
Purchases of intangible assets	(45)			(45)
Proceeds from sale of property, plant, and equipment	32			0
Deposits on equipment	(3,646)			(61)
Net cash used in investing activities	(6,224)			(3,640)
Financing Activities
Proceeds from common stock warrant exercises	8			0
Proceeds from notes	0			5,000
Payments on notes and deferred financing costs	(1,001)			(1,978)
Payments on financing lease liabilities	(56)			0
Contributions from non-controlling interest	10,918			4,310
Distributions to non-controlling interest	(131)			(1,525)
Net cash provided by financing activities	9,738			7,812
(Decrease) increase in cash & restricted cash	(2,858)			3,995
Cash & restricted cash – beginning of period	88,843		$ 14,448	10,453
Cash & restricted cash – end of period	85,985	$ 88,843		14,448
Supplemental Disclosure of Cash Flow Information
Interest paid on debt	892			285
Construction in progress included in accounts payable and accrued liabilities	2,707			0
Noncash deferred financing cost accrual	0			97
Noncash membership distribution accrual	1,937			949
Warrant adjustment	682			0
Noncash activity right-of-use assets adjustment	430			0
SEPA
Financing Activities
Proceeds from sale of common stock on SEPA	$ 0			$ 2,005