Company: BWNB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001630805-25-000090
Chunk: 40

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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lundDiamond PowerTotalRevenues$2,116 $2,764 $8,085 $12,965     Cost of operations2,783 4,206 5,596 12,585 Selling general and administrative expenses4,202 1,387 7,653 13,242 Research and development costs— 20 (39)(19)Impairment of long-lived assets14 — — 14 Total costs and expenses6,999 5,613 13,210 25,822 Operating loss(4,883)(2,849)(5,125)(12,857)Other (expense) income(106)178 58 130 Loss from discontinued operations before tax(4,989)(2,671)(5,067)(12,727)Expense from income taxes— 12 2,977 2,989 Gain on divestiture— — 53,166 53,166 (Loss) income from discontinued operations, net of tax(4,989)(2,683)45,122 37,450 Less: Net income attributable to non-controlling interest from discontinued operations— — 16 16 (Loss) income attributable to stockholders from discontinued operations$(4,989)$(2,683)$45,106 $37,434 Nine Months Ended September 30, 2025(in thousands)SolarBWRSVølundDiamond PowerTotalRevenues$12,149 $— $4,815 $63,053 $80,017        Cost of operations24,050 — 16,811 40,595 81,456 Selling general and administrative expenses7,360 — 6,163 15,198 28,721 Research and development costs— — 488 367 855 Impairment of long-lived assets7,846 — 1,121 — 8,967 Loss on asset disposals, net16 — 136 — 152 Total costs and expenses39,272 — 24,719 56,160 120,151 Operating (loss) income(27,123)— (19,904)6,893 (40,134)Other (expense) income(533)— 2,901 1,067 3,435 (Loss) income from discontinued operations before tax(27,656