Company: BWNB
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001630805-25-000062
Chunk: 125

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 125
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$37,081 $91,553 Reported as:Current assets held for sale (1)$19,457 $24,097 $129,114 $172,668 Current liabilities held for sale (1)$39,721 $14,751 $37,081 $91,553 (1) BWRS, SPIG and GMAB were sold in 2024; therefore, no balances are left to disclose.

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The depreciation, amortization, capital expenditures, significant changes in operating assets and liabilities, and significant operating and investing noncash items of the discontinued operations are as follows:Six Months Ended June 30, 2025(in thousands)SolarBWRSVølundDiamond PowerTotalDepreciation and amortization of long-lived assets$— $— $— $343 $343 Impairment of long-lived assets7,832 — 1,121 — 8,953 Gain (loss) on divestiture— 1,014 (36,861)— (35,847)Changes in operating assets and liabilities:Accounts receivable - trade, net1,283 — 6,409 (5,804)1,888 Contracts in progress(1,273)— 3,930 641 3,298 Accounts payable4,215 — 1,022 (1,521)3,716 Advance billings on contracts(650)— 3,634 (525)2,459 Purchase of property, plant and equipment(130)— (2)(271)(403)Six Months Ended June 30, 2024(in thousands)SolarBWRSSPIGGMABVølundDiamond PowerTotalDepreciation and amortization of long-lived assets$— $948 $1,770 $2 $411 $193 $3,324 Changes in operating assets and liabilities:Accounts receivable - trade, net(5,094)13,396 1,282 (1,927)2,436 4,836 14,929 Contracts in progress(5,140)2,152 1,089 129 5,048 1,596 4,874 Accounts payable(8,468)4,700 5,535 340 5,771 (1,199)6,679 Advance billings on contracts4,262 86