v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 73,375 $ 85,407
Operating expenses:    
Project development and startup costs 1,815 6,081
Selling, general and administrative 15,184 15,967
Depreciation, amortization, and accretion 5,613 5,942
Loss from equity method investments 1,757 722
Total operating expenses 78,218 87,349
Operating loss (4,843) (1,942)
Interest and financing expense (6,644) (6,450)
Interest income 760 385
Other (expense) income, net (575) 1,254
Total other expenses (6,459) (4,811)
Net loss before income tax benefit (11,302) (6,753)
Income tax benefit 5,709 8,037
Net (loss) income (5,593) 1,284
Net loss attributable to redeemable non-controlling interest (12,567) (1,174)
Net income attributable to non-redeemable non-controlling interest 82 76
Accretion of the redeemable preferred non-controlling interest to its redemption amount 9,534 2,617
Net loss attributable to Class A common stockholders $ (2,642) $ (235)
Weighted average shares outstanding of Class A common stock:    
Basic (in shares) 28,298,861 27,718,912
Diluted (in shares) 28,298,861 27,718,912
Per share amounts:    
Basic (in dollars per share) $ (0.09) $ (0.01)
Diluted (in dollars per share) $ (0.09) $ (0.01)
RNG fuel    
Revenues:    
Total revenues [1] $ 21,638 $ 27,599
Operating expenses:    
Cost of sales 12,829 12,153
Fuel Station Services    
Revenues:    
Total revenues [2] 44,566 50,678
Operating expenses:    
Cost of sales 35,390 39,722
Renewable Power    
Revenues:    
Total revenues [3] 7,171 7,130
Operating expenses:    
Cost of sales $ 5,630 $ 6,762
[1] Includes revenues from related parties of $17,042 and $20,101 for the three months ended March 31, 2026 and 2025, respectively.
[2] Includes revenues from related parties of $13,107 and $16,603 for the three months ended March 31, 2026 and 2025, respectively
[3] Includes revenues from related parties of $872 and $1,166 for the three months ended March 31, 2026 and 2025, respectively.