Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations - Predecessor

v3.22.2.2
Consolidated Statements of Operations - Predecessor - USD ($)
$ in Thousands
2 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Sep. 14, 2021
Sep. 30, 2022
Sep. 30, 2021
Sep. 14, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and Other Income            
Revenue   $ 102,271 $ 11,781   $ 230,850 $ 18,563
Amortization of intangibles and below-market contracts   2,722 205   8,259 205
Total revenues   104,993 11,986   239,109 18,768
Equity Investment Income, Net   2,945 879   7,067 879
Cost of Sales            
Cost of energy   63,253 9,478   138,531 12,625
Cost of other revenues   3,109 615   7,049 2,976
Depreciation, amortization and accretion   16,972 3,142   43,191 4,077
Total Cost of Sales   83,334 13,235   188,771 19,678
General and administrative expenses   30,478 11,889   75,714 22,933
Operating Income (Loss)   (5,874) (12,259)   (18,309) (22,964)
Other Income (Expense)            
Interest expense, net   (10,575) (1,586)   (16,941) (1,606)
Gain (loss) on warrants and derivative contracts   (7,605) (10,413)   10,575 (10,413)
Other income (expense)   (124) 81   78 377
Total Other Income (Expense)   (18,304) (11,918)   (6,288) (11,642)
Net income (loss) $ (8,848) (24,235) (24,177) $ (19,278) (24,783) (34,606)
Energy revenue            
Revenues and Other Income            
Revenue   $ 98,377 $ 10,916   $ 222,528 $ 13,975
Aria Energy LLC            
Revenues and Other Income            
Revenue 35,773     120,282    
Amortization of intangibles and below-market contracts (785)     (2,693)    
Total revenues 34,988     117,589    
Equity Investment Income, Net 6,451     19,777    
Cost of Sales            
Cost of energy 15,175     56,291    
Cost of other revenues 8     30    
Depreciation, amortization and accretion 4,634     15,948    
Total Cost of Sales 19,817     72,269    
Gain on disposal of assets 0     (1,347)    
General and administrative expenses 20,678     33,737    
Operating Income (Loss) 944     32,707    
Other Income (Expense)            
Interest expense, net (2,053)     (10,729)    
Gain (loss) on warrants and derivative contracts 574     1,129    
Gain on extinguishment of debt 0     61,411    
Other income (expense) 1     2    
Total Other Income (Expense) (1,478)     51,813    
Net income (loss) (534)     84,520    
Net income attributable to noncontrolling interest 0     289    
Net Income (Loss) Attributable to Controlling Interest (534)     84,231    
Aria Energy LLC | Energy revenue            
Revenues and Other Income            
Revenue 35,765     120,250    
Aria Energy LLC | Construction revenue            
Revenues and Other Income            
Revenue $ 8     $ 32