Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.22.2.2
Revenues (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregates Revenue by Significant Product Type
The following table disaggregates revenue by significant product type and operating segment for the three and six months ended June 30, 2022 and 2021:
Three Months Ended June 30, Six Months Ended June 30,
(in thousands)
2022 2021 2022 2021
Revenue by Product Type
RNG, including RINs and LCFS credits
$ 55,086  $ 821  $ 89,883  $ 821 
RNG O&M service (1)
242  —  532  — 
Power, including RECs
14,893  2,238  31,759  2,238 
Power O&M service (1)
953  —  1,851  — 
Equipment and associated services
2,808  2,068  4,022  3,722 
Other (1)
468  —  533  — 
Total
$ 74,450  $ 5,127  $ 128,580  $ 6,781 
Revenue by Operating Segment
RNG
$ 55,328  $ 821  $ 90,415  $ 821 
Power
15,846  2,238  33,610  2,238 
Corporate and Other
3,276  2,068  4,555  3,722 
Total $ 74,450  $ 5,127  $ 128,580  $ 6,781 
_____________________________________________
(1) Includes revenues earned from the Company’s joint ventures, see “Note 20 - Related Party Transactions.”
Schedule of Contract Assets and Liabilities
Contract assets and liabilities consisted of the following as of June 30, 2022 and December 31, 2021:
(in thousands) June 30, 2022 December 31, 2021
Contract assets (included in Prepaid expenses and other current assets)
$ 168  $ 87 
Contract liabilities (included in Accrued and other current liabilities)
$ (270) $ (505)
Schedule of Revenue Expected to be Recognized on Remaining Performance Obligations Under Sales Contracts The following table summarizes the revenue the Company expects to recognize over next 21 years on these firm sales contracts as of June 30, 2022:
(in thousands)
Remainder of 2022 $ 42,026 
2023-2024 262,001
2025-2026 429,996
2027-2028 441,067
2029-2030 434,641
2031-2032 418,453
Thereafter 1,871,603
Total $ 3,899,787