Company: BWNB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001630805-25-000090
Chunk: 122

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 122
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,163 15,198 28,721 Research and development costs— — 488 367 855 Impairment of long-lived assets7,846 — 1,121 — 8,967 Loss on asset disposals, net16 — 136 — 152 Total costs and expenses39,272 — 24,719 56,160 120,151 Operating (loss) income(27,123)— (19,904)6,893 (40,134)Other (expense) income(533)— 2,901 1,067 3,435 (Loss) income from discontinued operations before tax(27,656)— (17,003)7,960 (36,699)Expense from income taxes— — 120 3,448 3,568 Gain (loss) on divestiture— 1,014 (36,861)53,166 17,319 (Loss) income from discontinued operations, net of tax(27,656)1,014 (53,984)57,678 (22,948)Less: Net income attributable to non-controlling interest from discontinued operations— — — 60 60 (Loss) income attributable to stockholders from discontinued operations$(27,656)$1,014 $(53,984)$57,618 $(23,008)

17

Three Months Ended September 30, 2024(in thousands)SolarBWRSSPIGGMABVølundDiamond PowerTotalRevenues$27,134 $— $17,861 $3,800 $10,426 $25,141 $84,362        Cost of operations25,687 — 13,693 3,094 12,564 15,436 70,474 Selling general and administrative expenses(4,280)— 2,638 290 2,444 3,640 4,732 Research and development costs— — 98 19 — 94 211 Impairment of long-lived assets— — 5,838 — — — 5,838 Loss (gain) on asset disposals, net— — — — 374 (122)252 Total costs and expenses21,407 — 22,267 3,403 15,382