v3.25.3
Condensed Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (179,442,000) $ (53,405,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 86,911,000 33,796,000
Provision for credit losses and inventory 3,079,000 1,435,000
Stock-based compensation expense 6,373,000 8,354,000
Stock-based sales incentive charges 51,510,000 42,742,000
Change in fair value of derivative instruments 1,420,000 (267,000)
Gain on extinguishment of loan receivable and preferred stock equity security (2,058,000) 0
Amortization of debt financing costs 3,977,000 3,535,000
Amortization of discounts and Section 30C tax credit (3,421,000) (4,878,000)
Loss on disposal of property and equipment 2,710,000 431,000
Impairment of goodwill 64,328,000 0
Loss from equity method investments 21,098,000 16,215,000
Non-cash lease expense 5,873,000 6,936,000
Deferred income taxes (2,854,000) 561,000
Accretion of ARO liabilities 304,000 280,000
Changes in operating assets and liabilities:    
Accounts and other receivables 17,057,000 (927,000)
Inventory (3,707,000) (1,183,000)
Prepaid expenses and other assets (52,000) 9,640,000
Operating lease liabilities (5,471,000) (4,404,000)
Accounts payable (1,439,000) (23,098,000)
Deferred revenue 3,502,000 1,043,000
Accrued liabilities and other 2,719,000 5,908,000
Net cash provided by operating activities 72,417,000 42,714,000
Cash flows from investing activities:    
Purchases of short-term investments (687,567,000) (660,582,000)
Maturities and sales of short-term investments 767,538,000 697,020,000
Payment and deposits on equipment and manure rights for ADG RNG production projects (26,411,000) (7,687,000)
Purchases of and deposits on property and equipment (19,067,000) (53,464,000)
Grant proceeds for capital projects 0 952,000
Proceeds received for joint development and construction of station projects 3,026,000 2,840,000
Disbursements for loans receivable (3,100,000) (7,398,000)
Proceeds from paydowns, maturities, and sales of loans receivable 3,523,000 290,000
Investments in other entities (13,008,000) (3,251,000)
Proceeds from settlement of insurance claims 0 314,000
Proceeds from disposal of property and equipment 5,097,000 413,000
Net cash (used in) provided by investing activities 30,031,000 (30,553,000)
Cash flows from financing activities:    
Issuance of common stock 56,000 43,000
Repurchase of common stock (7,938,000) 0
Payment of tax withholdings on net settlement of equity awards (499,000) (304,000)
Fees paid for lender and debt issuance costs 0 (927,000)
Proceeds for Adopt-A-Port program 465,000 3,390,000
Repayment of proceeds for Adopt-A-Port program (2,181,000) (1,361,000)
Repayments of debt instruments and finance lease obligations (871,000) (934,000)
Net cash (used in) financing activities (10,968,000) (93,000)
Effect of exchange rates on cash, cash equivalents and restricted cash (87,000) (28,000)
Net increase in cash, cash equivalents and restricted cash 91,393,000 12,040,000
Cash, cash equivalents and restricted cash, beginning of period 91,562,000 106,963,000
Cash, cash equivalents and restricted cash, end of period 182,955,000 119,003,000
Supplemental disclosure of cash flow information:    
Income taxes paid 38,000 65,000
Interest paid, net of $1,229 and $3,247 capitalized, respectively 4,065,000 20,504,000
Supplemental disclosure of non-cash financing activity:    
Interest paid-in-kind $ (15,000,000) $ 0

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