| Schedule of Segment Reporting Information, by Segment |
The following summarizes selected financial information for the Company’s reporting segments:
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(in thousands) |
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RNG |
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Power |
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Corporate and Other |
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Total |
| Three months ended June 30, 2022 |
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Revenue and other income |
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$ |
58,781 |
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$ |
15,092 |
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$ |
3,346 |
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$ |
77,219 |
Intersegment revenue |
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— |
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1,366 |
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(1,366) |
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— |
Total revenue and other income |
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58,781 |
|
16,458 |
|
1,980 |
|
77,219 |
Equity investment income, net |
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2,506 |
|
187 |
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— |
|
2,693 |
Net income (loss) |
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11,050 |
|
1,629 |
|
19,945 |
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32,624 |
Interest expense |
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1,468 |
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— |
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2,244 |
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|
3,712 |
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Depreciation, amortization and accretion |
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10,966 |
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2,573 |
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191 |
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13,730 |
| Income tax expense |
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— |
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— |
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129 |
|
129 |
EBITDA |
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$ |
23,484 |
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$ |
4,202 |
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$ |
22,509 |
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$ |
50,195 |
| Six months ended June 30, 2022 |
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Revenue and other income |
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$ |
97,620 |
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$ |
31,941 |
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$ |
4,555 |
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$ |
134,116 |
Intersegment revenue |
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— |
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2,777 |
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(2,777) |
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— |
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Total revenue and other income |
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97,620 |
|
34,718 |
|
1,778 |
|
134,116 |
Equity investment income, net |
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3,544 |
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|
578 |
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— |
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4,122 |
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Net income (loss) |
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24,426 |
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3,274 |
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(28,248) |
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(548) |
Interest expense |
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1,995 |
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— |
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4,371 |
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6,366 |
Depreciation, amortization and accretion |
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20,073 |
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5,731 |
|
415 |
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26,219 |
| Income tax expense |
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— |
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— |
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129 |
|
129 |
EBITDA |
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$ |
46,494 |
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$ |
9,005 |
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$ |
(23,333) |
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$ |
32,166 |
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| June 30, 2022 |
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Goodwill |
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$ |
29,835 |
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$ |
— |
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$ |
— |
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$ |
29,835 |
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| Three months ended June 30, 2021 |
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Revenue and other income |
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$ |
822 |
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$ |
2,237 |
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$ |
2,068 |
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$ |
5,127 |
Intersegment revenue |
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— |
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— |
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— |
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— |
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Total revenue and other income |
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822 |
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2,237 |
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2,068 |
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5,127 |
Net income (loss) |
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(476) |
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(1,830) |
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(5,624) |
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(7,930) |
Interest expense |
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13 |
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— |
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— |
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13 |
Depreciation, amortization and accretion |
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202 |
|
630 |
|
54 |
|
886 |
EBITDA |
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$ |
(261) |
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$ |
(1,200) |
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$ |
(5,570) |
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$ |
(7,031) |
| Six months ended June 30, 2021 |
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Revenue and other income |
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$ |
822 |
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$ |
2,237 |
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$ |
3,722 |
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$ |
6,781 |
Intersegment revenue |
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— |
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— |
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— |
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— |
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Total revenue and other income |
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822 |
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2,237 |
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3,722 |
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6,781 |
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Net income (loss) |
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(1,566) |
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(1,830) |
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(7,033) |
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(10,429) |
Interest expense |
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19 |
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— |
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— |
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19 |
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Depreciation, amortization and accretion |
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215 |
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|
630 |
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|
90 |
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|
935 |
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EBITDA |
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$ |
(1,332) |
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$ |
(1,200) |
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$ |
(6,943) |
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$ |
(9,475) |
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| December 31, 2021 |
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Goodwill |
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$ |
29,211 |
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$ |
— |
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$ |
— |
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$ |
29,211 |
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