Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting - Predecessor (Tables)

v3.22.1
Segment Reporting - Predecessor (Tables)
 3 Months Ended
Mar. 31, 2022
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]  
Schedule of Segment Reporting Information, by Segment
The following summarizes selected financial information for the Company’s reporting segments:
(in thousands)
RNG
 Power
Corporate and Other
Total
Three months ended March 31, 2022
Revenue
 $ 38,842 $ 16,849 $ 1,209 $ 56,900
Intersegment revenue
 —  1,411  (1,411) — 
Total revenue and other income
 38,842 18,260 (202) 56,900
Equity investment income, net
 1,038  391  —  1,429 
Net income (loss)
 14,205 1,645 (49,022) (33,172)
Interest expense
 (303) — 2,956 2,653
Depreciation, amortization and accretion
 9,108 3,158 224 12,490
EBITDA
 $ 23,010 $ 4,803 $ (45,842) $ (18,029)
March 31, 2022
Goodwill
 $ 29,137  $ — $ — $ 29,137
Three months ended March 31, 2021
Revenue
 $ — $ — $ 1,654 $ 1,654
Intersegment revenue
 —  —  —  — 
Total revenue and other income
 — — 1,654 1,654
Equity investment income, net
 —  —  —  — 
Net income (loss)
 (1,090) — (1,409) (2,499)
Interest expense
 6  —  6 
Depreciation, amortization and accretion
 13  —  36  49 
EBITDA
 $ (1,071) $ — $ (1,373) $ (2,444)
December 31, 2021
Goodwill
 $ 29,211 $ — $ — $ 29,211
Aria Energy LLC  
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]  
Schedule of Segment Reporting Information, by Segment
(in thousands) RNG Power Corporate and Other Total
Three months ended March 31, 2021
Total revenue $ 25,953 $ 15,584 $ — $ 41,537
Net income (loss) 16,950 1,503 (9,743) 8,710
Depreciation, amortization and accretion 2,275  3,403  15  5,693 
Interest expense —  —  4,321  4,321 
EBITDA $ 19,225  $ 4,906  $ (5,407) $ 18,724