Company: BWNB
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001630805-25-000019
Chunk: 37

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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181,194 Cost of operations20,351 10,255 108,444 139,050 General & administrative expense (1)3,059 894 9,935 13,888 Selling & marketing expense (1)2,003 989 7,494 10,486 Segment Adjusted EBITDA3,128 2,269 12,373 17,770 Corporate/eliminations (2)(3,461)Interest expense, net(10,935)Depreciation & amortization(2,476)Impairment of long-lived assets(950)Benefit plans, net(753)Loss on sales, net(8)Settlement and related legal recoveries (costs)(64)Advisory fees for settlement costs and liquidity planning(492)Stock compensation(763)Restructuring activities(112)Acquisition pursuit and related costs(1,356)Product development(1,205)Foreign exchange261 Letter of credit fees(1,200)Other-net303 Loss from continuing operations before income tax expense$(5,441)

20

Three Months Ended March 31, 2024(in thousands)B&W Renewable segmentB&W Environmental segmentB&W Thermal segmentTotalRevenue$27,458 $26,708 $110,187 $164,353 Cost of operations19,898 20,879 82,696 123,473 General & administrative expense (1)2,466 2,682 6,895 12,043 Selling & marketing expense (1)2,452 2,120 7,147 11,719 Segment Adjusted EBITDA2,642 1,027 13,449 17,118 Corporate/eliminations (2)(5,856)Interest expense, net(11,896)Depreciation & amortization(3,159)Benefit plans, net96 Settlement and related legal recoveries (costs)4,087 Advisory fees for settlement costs and liquidity planning(214)Loss on debt extinguishment(5,071)Stock compensation(1,350)Restructuring activities(907)Acquisition pursuit and related costs(84)Product development(1,619)Foreign exchange(716)Letter of credit fees(2,282)Other-net(35)Loss from continuing operations before income tax expense$(11,888)(1) General & administrative expense