Company: BWNB
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001630805-25-000007
Chunk: 62

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 62
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 2,365 2,365 Other current assets90 371 461 Total current assets8,316 22,161 30,477 Net property, plant and equipment and finance leases3,246 124 3,370 Intangible assets7,833 211 8,044 Right-of-use assets53 1,358 1,411 Other assets9 243 252 Total noncurrent assets11,141 1,936 13,077 Total assets held for sale (1)$19,457 $24,097 $43,554 Accounts payable$30,365 $5,980 $36,345 Accrued employee benefits— 518 518 Advance billings on contracts961 5,855 6,816 Accrued warranty expense1,176 845 2,021 Operating lease liabilities26 288 314 Other accrued liabilities4,504 190 4,694 Current borrowings511 — 511 Total current liabilities37,543 13,676 51,219 Borrowings, net of current portion874 — 874 Operating lease liabilities, net of current portion29 1,075 1,104 Other noncurrent liabilities1,199 — 1,199 Total noncurrent liabilities2,102 1,075 3,177 Total liabilities held for sale (1)$39,645 $14,751 $54,396 Reported as:Current assets held for sale (1)$19,457 $24,097 $43,554 Current liabilities held for sale (1)$39,645 $14,751 $54,396 (1) BWRS, SPIG and GMAB were sold in 2024 so therefore no balances are left to disclose.

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December 31, 2023(in thousands)SolarBWRSSPIGGMABVølundTotalCash $31 $7,229 $12,450 $2,320 $3,449 $25,479 Current restricted cash— — 1,825 — — 1,825 Accounts receivable – trade, net3,272 13,396 23,233 1,198 4,768 45,867 Contracts in progress4,538 2,152 22,158 1,138 14,300