Company: BWNB
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001630805-25-000062
Chunk: 38

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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11,312)(10,534)6,414 (15,432)Expense from income taxes— 21 100 121 Loss on divestiture— (36,861)— (36,861)(Loss) income from discontinued operations, net of tax(11,312)(47,416)6,314 (52,414)Less: Net income attributable to non-controlling interest from discontinued operations— — (26)(26)(Loss) income attributable to stockholders from discontinued operations$(11,312)$(47,416)$6,288 $(52,440)

15

Six Months Ended June 30, 2025(in thousands)SolarBWRSVølundDiamond PowerTotalRevenues$10,033 $— $2,051 $54,968 $67,052 Cost of operations21,267 — 12,605 34,999 68,871 Selling general and administrative expenses3,158 — 4,776 7,545 15,479 Research and development costs— — 468 406 874 Impairment of long-lived assets7,832 — 1,121 — 8,953 Loss on asset disposals, net16 — 136 — 152 Total costs and expenses32,273 — 19,106 42,950 94,329 Operating (loss) income(22,240)— (17,055)12,018 (27,277)Other (expense) income(427)— 2,723 1,009 3,305 (Loss) income from discontinued operations before tax(22,667)— (14,332)13,027 (23,972)Expense from income taxes— — 108 471 579 Gain (loss) on divestiture— 1,014 (36,861)— (35,847)(Loss) income from discontinued operations, net of tax(22,667)1,014 (51,301)12,556 (60,398)Less: Net income attributable to non-controlling interest from discontinued operations— — — (44)(44)(Loss) income attributable to stockholders from discontinued operations$(22,667)$1,014 $(51,301)$12,512 $(60,442)Three Months Ended June 30, 2024(in thousands