v3.22.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues and Other Income    
Revenue $ 54,131 $ 1,654
Amortization of intangibles and below-market contracts 2,769 0
Total revenues 56,900 1,654
Equity Investment Income, Net 1,429 0
Cost of Sales    
Cost of energy 28,579 0
Cost of other revenues 1,623 1,161
Depreciation, amortization and accretion 12,490 49
Total Cost of Sales 42,692 1,210
General and administrative expenses 26,355 3,158
Operating Income (Loss) (10,718) (2,714)
Other Income (Expense)    
Interest expense, net (2,653) (6)
Gain (loss) on warrants and derivative contracts (19,915) 0
Other income (expense) 114 221
Total Other Income (Expense) (22,454) 215
Income (Loss) Before Income Taxes (33,172) (2,499)
Income tax expense (benefit) 0 0
Net income (loss) (33,172) (2,499)
Net income (loss) attributable to nonredeemable noncontrolling interests 0 (86)
Net income (loss) attributable to Legacy Archaea 0 (2,413)
Net income (loss) attributable to redeemable noncontrolling interests (14,745) $ 0
Net income (loss) attributable to Class A Common Stock $ (18,427)  
Net income (loss) per Class A common share:    
Net income (loss) – basic (in usd per share) [1] $ (0.28) $ 0
Net income (loss) – diluted (in usd per share) [1] $ (0.28) $ 0
Weighted average shares of Class A Common Stock outstanding:    
Basic (in shares) [1] 66,376,216 0
Diluted (in shares) [1] 66,376,216 0
Class A Units    
Other Income (Expense)    
Net income (loss) attributable to Class A Common Stock $ (18,427) $ 0
Net income (loss) per Class A common share:    
Net income (loss) – basic (in usd per share) $ (0.28) $ 0
Net income (loss) – diluted (in usd per share) $ (0.28) $ 0
Weighted average shares of Class A Common Stock outstanding:    
Basic (in shares) 66,376,000 0
Diluted (in shares) 66,376,000 0
Energy revenue    
Revenues and Other Income    
Revenue $ 52,917 $ 0
Other revenue    
Revenues and Other Income    
Revenue $ 1,214 $ 1,654
[1] Class A Common Stock is outstanding beginning September 15, 2021 due to the reverse recapitalization transaction as described in “Note 4 - Business Combinations and Reverse Recapitalization.”

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