Stabilis Solutions, Inc. (SLNG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

support equipment purchases and other preparations for that project quarter ends total liquidity was 17.2 million consisting of total cash of 13.7 million of which 10.6 million is restricted and 3.5 million of availability under our credit agreements Capital expenditures totaled $5.3 million during the quarter. These expenditures were primarily related to equipment purchases associated with our upcoming large data center project. Looking ahead, we expect to invest an additional $10 to $12 million in capital for equipment and securing guaranteed supply for this project. We expect these investments to be funded through the advance payments received during the first quarter as well as additional advance payments we expect to receive over the course of the year. That concludes our prepared remarks. Operator, please open the line for the Q&A session. At this time, if you have a question or comment, you can press star 1 on your telephone keypad. If at any point your question is answered, you may remove yourself from the queue by pressing star 2. Once again, we ask that you pick up your handset when posing your question to provide optimal sound quality. We'll take our first question from Martin Mallory Johnson-Rice. Good morning. Good morning, Marty. The first question I had, I just wanted to talk a little bit about the contracts that you're finalizing here, and it could start up in too few, but it sounds like they'll definitely impact second half of this year from behind the meter power. Could you maybe talk about the size of those contracts? Will those make up for the two contracts that were canceled fourth quarter last year? And also, with the behind-the-meter power, is this going to be a bridge-type arrangement until a pipeline is hooked up to these facilities? And then...