Accounting policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting policies

Schedule of Estimated useful lives

Buildings	5 to 40 years
Plant and equipment	4 to 40 years
Distribution system	3 to 40 years
Office furniture, fixtures and equipment	3 to 10 years
Vehicles	3 to 10 years
Leasehold improvements	Shorter of 5 years or lease term
Lab equipment	5 to 10 years

Schedule of Disaggregation of revenue

The following table presents the Company’s revenue disaggregated by revenue source.

	Year Ended December 31,
	2025		2024		2023
Retail revenue	$	33,587,952	$	31,741,343	$	30,158,051
Bulk revenue		33,481,307		33,673,387		34,595,058
Services revenue		46,312,325		50,956,489		97,966,650
Manufacturing revenue		18,691,784		17,595,414		17,491,474
Total revenue	$	132,073,368	$	133,966,633	$	180,211,233

Services revenue consists of the following:

	Year Ended December 31,
	2025		2024		2023
Construction revenue	$	13,470,641	$	18,602,919	$	77,306,704
Operations and maintenance revenue		32,075,046		29,307,405		19,368,365
Design and consulting revenue		766,638		3,046,165		1,291,581
Total services revenue	$	46,312,325	$	50,956,489	$	97,966,650