v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash Flows from Operating Activities:      
Net income (loss) $ (47,546) $ (282)  
Changes in operating assets and liabilities, net      
Net Cash Used in Operating Activities (47,546) (282)  
Cash Flows from Financing Activities:      
Net Cash Provided by Financing Activities 47,546 282  
Cash at Beginning of Year 1 1 $ 1
Cash at End of Year 1 1 1
BW Ultimate Parent, LLC and Subsidiaries      
Cash Flows from Operating Activities:      
Net income (loss) 30,236,000 (5,634,000)  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, accretion expense 15,988,000 15,517,000  
Amortization of right-of-use assets 2,822,000 1,952,000  
Amortization of deferred financing cost 1,101,000 1,049,000  
Allowance for credit losses 9,000 4,000  
Gain on disposal of assets (86,000) (745,000)  
Change in fair value of derivative liability 0 1,300,000  
Changes in operating assets and liabilities, net      
Accounts receivables (7,684,000) (2,134,000)  
Inventories (5,111,000) 3,410,000  
Prepaid expenses 975,000 (940,000)  
Other current assets - BTS (5,149,000) 5,110,000  
Other current assets - Other (116,000) (9,000)  
Other assets (1,807,000) 0  
Account payable - Fuel 27,716,000 (2,953,000)  
Account payable - Other (2,277,000) (240,000)  
Accrued expenses and other current liabilities (6,444,000) (1,547,000)  
Lease liabilities (1,337,000) (1,043,000)  
Other noncurrent liabilities (483,000) 474,000  
Net Cash Used in Operating Activities 48,353,000 13,571,000  
Cash Flows from Investing Activities:      
Purchase of property and equipment (10,967,000) (26,329,000)  
Acquisition of intangible assets 0 (715,000)  
Proceeds from sale of assets 0 916,000  
Other investing activities (2,525,000) (47,000)  
Net cash used in investing activities (13,492,000) (26,175,000)  
Cash Flows from Financing Activities:      
Proceeds from revolver 0 15,000,000  
Repayment of revolver (10,000,000) 0  
Repayment of borrowings from term loan (1,025,000) (1,025,000)  
Cash paid for debt issuance costs (100,000) 0  
Proceeds from financing obligation 2,489,000 0  
Repayment of financing obligation with lessors (470,000) (468,000)  
Repayment of financing leases (17,000) (16,000) (16,000)
Distributions to redeemable senior preferred membership interests (743,000) 0  
Distributions to members (5,115,000) (2,393,000)  
Net Cash Provided by Financing Activities (14,981,000) 11,098,000  
Increase (decrease) in cash and cash equivalents 19,880,000 (1,506,000)  
Cash at Beginning of Year 36,592,000 32,720,000 32,720,000
Cash at End of Year 56,472,000 31,214,000 $ 36,592,000
Cash paid for:      
Interest, net of amounts capitalized 11,807,000 13,393,000  
Income taxes 0 0  
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Fixed asset purchases in Accounts payable - Other 4,108,000 8,089,000  
Fixed asset purchases in Accrued expenses and other current liabilities 1,144,000 2,854,000  
Right-of-use assets acquired by assumption of operating leases 9,024,000 28,813,000  
Remeasurement of lease liabilities and Right-of-use assets 0 212,000  
Asset retirement obligations capitalized in fixed assets 16,000 131,000  
Accretion of Redeemable senior preferred membership interests $ 10,402,000 $ 8,394,000