Company: BWNB
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001630805-25-000062
Chunk: 122

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 122
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 Months Ended June 30, 2024(in thousands)SolarBWRSSPIGGMABVølundDiamond PowerTotalRevenues$33,851 $43,255 $36,856 $6,103 $16,270 $46,426 $182,761 Cost of operations31,690 31,434 29,029 4,081 15,815 29,437 141,486 Selling general and administrative expenses2,518 6,783 5,951 728 7,838 7,237 31,055 Research and development costs— — 149 35 220 313 717 Loss on asset disposals, net— — 47 — — 126 173 Total costs and expenses34,208 38,217 35,176 4,844 23,873 37,113 173,431 Operating (loss) income(357)5,038 1,680 1,259 (7,603)9,313 9,330 Other (expense) income(493)172 (125)(271)(2,335)580 (2,472)(Loss) income from discontinued operations before tax(850)5,210 1,555 988 (9,938)9,893 6,858 Expense from income taxes— 196 588 204 686 (1,475)199 Gain on divestiture— 40,174 — — — — 40,174 (Loss) income from discontinued operations, net of tax(850)45,188 967 784 (10,624)11,368 46,833 Less: Net income attributable to non-controlling interest from discontinued operations— — — — — (91)(91)(Loss) income attributable to stockholders from discontinued operations$(850)$45,188 $967 $784 $(10,624)$11,277 $46,742 

17

The following tables provide the major classes of assets and liabilities of the disposal groups included in assets held for sale and liabilities held for sale in the Condensed Consolidated Balance Sheets:June 30, 2025(in thousands)SolarVølundDiamond PowerTotalCash$576 $1,143 $— $1,719 Accounts receivable – trade,