Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
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 September 30, 2022




Revenue and other income
$ 73,857 $ 27,366 $ 3,770 $ 104,993
Intersegment revenue
1,161 (1,161)
Total revenue and other income
73,857 28,527 2,609 104,993
Equity investment income, net
2,547 398 2,945
Net income (loss)
17,762 3,249 (45,246) (24,235)
Interest expense
1,454  —  9,121  10,575 
Depreciation, amortization and accretion
11,104 5,602 266 16,972
Income tax expense 5 6 46 57
EBITDA
$ 30,325 $ 8,857 $ (35,813) $ 3,369
Nine months ended September 30, 2022
Revenue and other income
$ 171,480 $ 59,307 $ 8,322 $ 239,109
Intersegment revenue
—  3,938  (3,938) — 
Total revenue and other income
171,480 63,245 4,384 239,109
Equity investment income, net
6,091  976  —  7,067 
Net income (loss)
42,188 6,523 (73,494) (24,783)
Interest expense
3,448 13,493 16,941
Depreciation, amortization and accretion
31,178 11,333 680 43,191
Income tax expense 5 6 175 186
EBITDA
$ 76,819 $ 17,862 $ (59,146) $ 35,535
September 30, 2022
Goodwill
$ 47,833  $ $ $ 47,833
Three months ended September 30, 2021
Revenue and other income
$ 5,963 $ 5,158 $ 865 $ 11,986
Intersegment revenue
—  12  (12) — 
Total revenue and other income
5,963 5,170 853 11,986
Net income (loss)
28 (320) (23,885) (24,177)
Interest expense
(18) —  1,604  1,586
Depreciation, amortization and accretion
1,906 1,204 32 3,142
EBITDA
$ 1,916 $ 884 $ (22,249) $ (19,449)
Nine months ended September 30, 2021
Revenue and other income
$ 6,785 $ 7,395 $ 4,588 $ 18,768
Intersegment revenue
—  12  (12) — 
Total revenue and other income
6,785 7,407 4,576 18,768
Net income (loss)
(1,538) (2,150) (30,918) (34,606)
Interest expense
—  1,604  1,606 
Depreciation, amortization and accretion
2,121  1,834  122  4,077 
EBITDA
$ 585 $ (316) $ (29,192) $ (28,923)
December 31, 2021
Goodwill
$ 29,211  $ —  $ —  $ 29,211