Company: BWNB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001630805-25-000090
Chunk: 126

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 126
---
 borrowings511 — — 511 Total current liabilities38,719 13,676 18,960 71,355     Borrowings, net of current portion874 — — 874 Operating lease liabilities, net of current portion29 1,075 16,514 17,618 Other noncurrent liabilities23 — 1,607 1,630 Total liabilities held for sale (1)$39,645 $14,751 $37,081 $91,477     Reported as:    Current assets held for sale (1)$19,457 $24,097 $129,114 $172,668 Current liabilities held for sale (1)39,645 14,751 37,081 91,477 (1) BWRS, SPIG and GMAB were sold in 2024; therefore, no balances are left to disclose.

21

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:Nine Months Ended September 30, 2025(in thousands)SolarBWRSVølundDiamond PowerTotalDepreciation and amortization of long-lived assets$14 $— $— $397 $411 Impairment of long-lived assets7,846 — 1,121 — 8,967 Gain (loss) on divestiture— 1,014 (36,861)53,166 17,319      Changes in operating assets and liabilities:     Accounts receivable - trade, net1,145 — 4,445 18,168 23,758 Contracts in progress672 — 3,646 3,011 7,329 Accounts payable(12,201)— (2,140)(8,958)(23,299)Advance billings on contracts(26)— (5,115)(664)(5,805)     Purchase of property, plant and equipment(367)— (2)(271)(640)Nine Months Ended September 30, 2024(in thousands)SolarBWRSSPIGGMABVølundDiamond PowerTotalDepreciation and amortization of long-lived assets$— $948 $2,699 $4 $396 $629 $4,676 Impairment of long-lived