10-Q Filing

OPAL Fuels Inc. CIK: 1842279 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001842279-23-000050`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	wdq-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 142 Income Statement 40 Cash Flow Statement 115 Stockholders Equity 27 Comprehensive Income 16

Balance Sheet 142 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.98M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$31.08M	USD	Point-in-time
Restricted cash - current	`RestrictedCashCurrent`	$688.00K	USD	Point-in-time
Restricted cash - current	`RestrictedCashCurrent`	$32.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.55M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$336.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$297.32M	USD	Point-in-time
Cash and cash equivalents (includes $7,274 and $12,506 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`CashAndCashEquivalentsAtCarryingValue`	$40.39M	USD	Point-in-time
Cash and cash equivalents (includes $7,274 and $12,506 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`CashAndCashEquivalentsAtCarryingValue`	$33.26M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$5.87M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$4.42M	USD	Point-in-time
Environmental credits held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$2.53M	USD	Point-in-time
Environmental credits held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.67M	USD	Point-in-time
Accounts receivable, net (includes $252 and $966 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsReceivableNetCurrent`	$29.98M	USD	Point-in-time
Accounts receivable, net (includes $252 and $966 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsReceivableNetCurrent`	$31.08M	USD	Point-in-time
Accounts receivable, related party	`AccountsReceivableRelatedPartiesCurrent`	$4.05M	USD	Point-in-time
Accounts payable	`AccountsPayableOtherCurrent`	$23.30M	USD	Point-in-time
Accounts payable	`AccountsPayableOtherCurrent`	$22.68M	USD	Point-in-time
Accounts receivable, related party	`AccountsReceivableRelatedPartiesCurrent`	$12.42M	USD	Point-in-time
Restricted cash - current (includes $688 and $6,971 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`RestrictedCashCurrent`	$688.00K	USD	Point-in-time
Accounts payable, related party	`AccountsPayableRelatedPartiesCurrent`	$839.00K	USD	Point-in-time
Accounts payable, related party	`AccountsPayableRelatedPartiesCurrent`	$1.35M	USD	Point-in-time
Restricted cash - current (includes $688 and $6,971 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`RestrictedCashCurrent`	$32.40M	USD	Point-in-time
Short term investments	`ShortTermInvestments`	$36.99M	USD	Point-in-time
Short term investments	`ShortTermInvestments`	$64.98M	USD	Point-in-time
Accrued capital expenses	`AccruedCapitalExpensesCurrent`	$11.92M	USD	Point-in-time
Accrued capital expenses	`AccruedCapitalExpensesCurrent`	$15.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$9.57M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$8.37M	USD	Point-in-time
Fuel tax credits receivable	`IncomeTaxesReceivable`	$2.49M	USD	Point-in-time
Fuel tax credits receivable	`IncomeTaxesReceivable`	$4.14M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$8.54M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$9.77M	USD	Point-in-time
Sunoma Loan- current portion	`LongTermConstructionLoanCurrent`	$380.00K	USD	Point-in-time
Sunoma Loan- current portion	`LongTermConstructionLoanCurrent`	$768.00K	USD	Point-in-time
Sunoma Loan, net of debt issuance costs	`ConstructionLoanNoncurrent`	$21.34M	USD	Point-in-time
Parts inventory	`InventoryPartsAndComponentsNetOfReserves`	$9.28M	USD	Point-in-time
Sunoma Loan, net of debt issuance costs	`ConstructionLoanNoncurrent`	$21.71M	USD	Point-in-time
Parts inventory	`InventoryPartsAndComponentsNetOfReserves`	$7.31M	USD	Point-in-time
Environmental credits held for sale (includes $29 and $ at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$2.53M	USD	Point-in-time
Environmental credits held for sale (includes $29 and $ at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.67M	USD	Point-in-time
Prepaid expense and other current assets (includes $251 and $415 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`PrepaidExpenseAndOtherAssetsCurrent`	$7.62M	USD	Point-in-time
Prepaid expense and other current assets (includes $251 and $415 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`PrepaidExpenseAndOtherAssetsCurrent`	$6.55M	USD	Point-in-time
Derivative financial assets, current portion	`DerivativeAssetsCurrent`	$449.00K	USD	Point-in-time
Derivative financial assets, current portion	`DerivativeAssetsCurrent`	$182.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$134.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$211.98M	USD	Point-in-time
Class A common stock, in treasury, at cost (in shares)	`TreasuryStockCommonShares`	1.64M	shares	Point-in-time
Class A common stock, in treasury, at cost (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Capital spares	`InventoryNoncurrent`	$3.46M	USD	Point-in-time
Capital spares	`InventoryNoncurrent`	$3.44M	USD	Point-in-time
Property, plant, and equipment, net (includes $93,225 and $73,140 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$336.30M	USD	Point-in-time
Property, plant, and equipment, net (includes $93,225 and $73,140 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$297.32M	USD	Point-in-time
Operating right-of-use assets	`OperatingLeaseRightOfUseAsset`	$11.60M	USD	Point-in-time
Operating right-of-use assets	`OperatingLeaseRightOfUseAsset`	$11.74M	USD	Point-in-time
Investment in other entities	`EquityMethodInvestments`	$50.57M	USD	Point-in-time
Investment in other entities	`EquityMethodInvestments`	$51.77M	USD	Point-in-time
Note receivable - variable fee component	`FinancingReceivableAfterAllowanceForCreditLossVariableFeeComponentNoncurrent`	$2.02M	USD	Point-in-time
Note receivable - variable fee component	`FinancingReceivableAfterAllowanceForCreditLossVariableFeeComponentNoncurrent`	$1.94M	USD	Point-in-time
Derivative financial assets, non-current portion	`DerivativeAssetsNoncurrent`	$954.00K	USD	Point-in-time
Derivative financial assets, non-current portion	`DerivativeAssetsNoncurrent`	$1.06M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$3.01M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$2.92M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.49M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.17M	USD	Point-in-time
Restricted cash - non-current (includes $3,157 and $2,923 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`RestrictedCashNoncurrent`	$5.87M	USD	Point-in-time
Restricted cash - non-current (includes $3,157 and $2,923 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`RestrictedCashNoncurrent`	$4.42M	USD	Point-in-time
Goodwill	`Goodwill`	$54.61M	USD	Point-in-time
Goodwill	`Goodwill`	$54.61M	USD	Point-in-time
Total assets	`Assets`	$606.70M	USD	Point-in-time
Total assets	`Assets`	$644.86M	USD	Point-in-time
Accounts payable (includes $10,430 and $4,896 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsPayableOtherCurrent`	$23.30M	USD	Point-in-time
Accounts payable (includes $10,430 and $4,896 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsPayableOtherCurrent`	$22.68M	USD	Point-in-time
Accounts payable, related party (includes $279 and $433 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsPayableRelatedPartiesCurrent`	$839.00K	USD	Point-in-time
Accounts payable, related party (includes $279 and $433 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccountsPayableRelatedPartiesCurrent`	$1.35M	USD	Point-in-time
Fuel tax credits payable	`AccruedIncomeTaxesCurrent`	$3.32M	USD	Point-in-time
Fuel tax credits payable	`AccruedIncomeTaxesCurrent`	$2.38M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$8.98M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$10.53M	USD	Point-in-time
Accrued capital expenses (includes $8,027 and $7,821 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccruedCapitalExpensesCurrent`	$11.92M	USD	Point-in-time
Accrued capital expenses (includes $8,027 and $7,821 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`AccruedCapitalExpensesCurrent`	$15.42M	USD	Point-in-time
Accrued expenses and other current liabilities (includes $178 and $646 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`OtherAccruedLiabilitiesCurrent`	$9.57M	USD	Point-in-time
Accrued expenses and other current liabilities (includes $178 and $646 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`OtherAccruedLiabilitiesCurrent`	$8.37M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.01M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.52M	USD	Point-in-time
OPAL Term Loan, current portion	`SecuredDebtCurrent`	$27.73M	USD	Point-in-time
OPAL Term Loan, current portion	`SecuredDebtCurrent`	$27.73M	USD	Point-in-time
Sunoma Loan, current portion (includes $768 and $380 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`LongTermConstructionLoanCurrent`	$380.00K	USD	Point-in-time
Sunoma Loan, current portion (includes $768 and $380 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`LongTermConstructionLoanCurrent`	$768.00K	USD	Point-in-time
Convertible Note Payable	`ConvertibleNotesPayableCurrent`	$28.53M	USD	Point-in-time
Convertible Note Payable	`ConvertibleNotesPayableCurrent`	$29.09M	USD	Point-in-time
Municipality Loan	`OtherLoansPayableCurrent`	$31.00K	USD	Point-in-time
Municipality Loan	`OtherLoansPayableCurrent`	$76.00K	USD	Point-in-time
Derivative financial liability, current portion	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative financial liability, current portion	`DerivativeLiabilitiesCurrent`	$4.60M	USD	Point-in-time
Operating lease liabilities - current portion	`OperatingLeaseLiabilityCurrent`	$630.00K	USD	Point-in-time
Operating lease liabilities - current portion	`OperatingLeaseLiabilityCurrent`	$667.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.08M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.77M	USD	Point-in-time
Asset retirement obligation, current portion	`AssetRetirementObligationCurrent`	$1.30M	USD	Point-in-time
Asset retirement obligation, current portion	`AssetRetirementObligationCurrent`	$1.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$130.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.91M	USD	Point-in-time
Asset retirement obligation, non-current portion	`AssetRetirementObligationsNoncurrent`	$5.06M	USD	Point-in-time
Asset retirement obligation, non-current portion	`AssetRetirementObligationsNoncurrent`	$4.96M	USD	Point-in-time
OPAL Term Loan	`SecuredLongTermDebt`	$66.60M	USD	Point-in-time
OPAL Term Loan	`SecuredLongTermDebt`	$69.92M	USD	Point-in-time
Sunoma Loan, net of debt issuance costs (includes $21,337 and $21,712 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`ConstructionLoanNoncurrent`	$21.34M	USD	Point-in-time
Sunoma Loan, net of debt issuance costs (includes $21,337 and $21,712 at March 31, 2023 and December 31, 2022, respectively, related to consolidated VIEs)	`ConstructionLoanNoncurrent`	$21.71M	USD	Point-in-time
Operating lease liabilities - non-current portion	`OperatingLeaseLiabilityNoncurrent`	$11.24M	USD	Point-in-time
Operating lease liabilities - non-current portion	`OperatingLeaseLiabilityNoncurrent`	$11.10M	USD	Point-in-time
Earn out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$8.79M	USD	Point-in-time
Earn out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$4.48M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$825.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$740.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$243.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$267.04M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-807.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-800.81M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$195.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$137.00K	USD	Point-in-time
Class A common stock in treasury, at cost; 1,635,783 and 0 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$11.61M	USD	Point-in-time
Class A common stock in treasury, at cost; 1,635,783 and 0 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	-	USD	Point-in-time
Total Stockholders' deficit attributable to the Company	`StockholdersEquity`	$-819.36M	USD	Point-in-time
Total Stockholders' deficit attributable to the Company	`StockholdersEquity`	$-800.60M	USD	Point-in-time
Non-redeemable non-controlling interests	`MinorityInterest`	$27.97M	USD	Point-in-time
Non-redeemable non-controlling interests	`MinorityInterest`	$26.45M	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20M	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-791.39M	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-774.16M	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.70M	USD	Point-in-time
Total liabilities, Redeemable preferred non-controlling interests, Redeemable non-controlling interests and Stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$644.86M	USD	Point-in-time
Total liabilities, Redeemable preferred non-controlling interests, Redeemable non-controlling interests and Stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$606.70M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$49.05M	USD	1 Quarter
Total revenues	`Revenues`	$42.96M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$10.86M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$14.47M	USD	1 Quarter
Depreciation, amortization, and accretion	`DepreciationAmortizationAndAccretionNet`	$3.40M	USD	1 Quarter
Depreciation, amortization, and accretion	`DepreciationAmortizationAndAccretionNet`	$3.57M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$54.23M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$50.04M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-11.28M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-989.00K	USD	1 Quarter
Interest and financing expense, net	`InterestAndDebtExpense`	$3.06M	USD	1 Quarter
Interest and financing expense, net	`InterestAndDebtExpense`	$641.00K	USD	1 Quarter
Change in fair value of derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$236.00K	USD	1 Quarter
Change in fair value of derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$3.93M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-68.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-657.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$705.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.47M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.35M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.35M	USD	1 Quarter
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-8.23M	USD	1 Quarter
Net loss attributable to redeemable non-controlling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-4.94M	USD	1 Quarter
Net loss attributable to non-redeemable non-controlling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-242.00K	USD	1 Quarter
Net loss attributable to non-redeemable non-controlling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-297.00K	USD	1 Quarter
Paid-in-kind preferred dividends	`TemporaryEquityDividendsAdjustment`	$717.00K	USD	1 Quarter
Paid-in-kind preferred dividends	`TemporaryEquityDividendsAdjustment`	$2.76M	USD	1 Quarter
Net loss attributable to OPAL Fuels LLC, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.58M	USD	1 Quarter
Net loss attributable to OPAL Fuels LLC, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	-	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.38M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	0.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	0.00	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter

Cash Flow Statement 115 line items

Line Item	Tag	Value	Unit	Period
Interest capitalized	`InterestPaidCapitalized`	$1.81M	USD	1 Quarter
Interest capitalized	`InterestPaidCapitalized`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.35M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-657.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$705.00K	USD	1 Quarter
Provision for bad debts	`ProvisionForLoanLeaseAndOtherLosses`	-	USD	1 Quarter
Provision for bad debts	`ProvisionForLoanLeaseAndOtherLosses`	$492.00K	USD	1 Quarter
Amortization of operating right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$147.00K	USD	1 Quarter
Amortization of operating right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$190.00K	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.46M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.32M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$450.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$438.00K	USD	1 Quarter
Loss on warrant exchange	`LossOnExchangeOfWarrants`	$338.00K	USD	1 Quarter
Loss on warrant exchange	`LossOnExchangeOfWarrants`	-	USD	1 Quarter
Loss on warrant exchange	`LossOnExchangeOfWarrants`	$338.00K	USD	Point-in-time
Accretion expense related to asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$75.00K	USD	1 Quarter
Accretion expense related to asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$102.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$971.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$160.00K	USD	1 Quarter
Paid-in-kind interest income	`PaidInKindInterestIncome`	$78.00K	USD	1 Quarter
Paid-in-kind interest income	`PaidInKindInterestIncome`	$222.00K	USD	1 Quarter
Change in fair value of Convertible Note Payable	`UnrealizedGainLossOnConvertibleNotesPayable`	$-1.02M	USD	1 Quarter
Change in fair value of Convertible Note Payable	`UnrealizedGainLossOnConvertibleNotesPayable`	$-563.00K	USD	1 Quarter
Unrealized loss on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$4.86M	USD	1 Quarter
Unrealized loss on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-214.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-611.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.74M	USD	1 Quarter
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	1 Quarter
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-8.38M	USD	1 Quarter
Fuel tax credits receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.65M	USD	1 Quarter
Fuel tax credits receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	1 Quarter
Capital spares	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$13.00K	USD	1 Quarter
Capital spares	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$20.00K	USD	1 Quarter
Brown gas and parts inventory	`IncreaseDecreaseInPartsInventories`	$1.97M	USD	1 Quarter
Brown gas and parts inventory	`IncreaseDecreaseInPartsInventories`	$703.00K	USD	1 Quarter
Environmental credits held for sale	`IncreaseDecreaseInAssetsHeldForSale`	$853.00K	USD	1 Quarter
Environmental credits held for sale	`IncreaseDecreaseInAssetsHeldForSale`	$-246.00K	USD	1 Quarter
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.08M	USD	1 Quarter
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-275.00K	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.23M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$2.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-4.72M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$622.00K	USD	1 Quarter
Accounts payable, related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$326.00K	USD	1 Quarter
Accounts payable, related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-507.00K	USD	1 Quarter
Fuel tax credits payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Fuel tax credits payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-940.00K	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.55M	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.94M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.45M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.20M	USD	1 Quarter
Operating lease liabilities - current and non-current	`IncreaseDecreaseInOperatingLeaseLiability`	$-107.00K	USD	1 Quarter
Operating lease liabilities - current and non-current	`IncreaseDecreaseInOperatingLeaseLiability`	$-190.00K	USD	1 Quarter
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$601.00K	USD	1 Quarter
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$125.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$504.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-200.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.98M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.17M	USD	1 Quarter
Purchase of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.78M	USD	1 Quarter
Purchase of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.51M	USD	1 Quarter
Proceeds from short term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	1 Quarter
Proceeds from short term investments	`ProceedsFromSaleOfShortTermInvestments`	$27.99M	USD	1 Quarter
Distributions received from equity method investment	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.90M	USD	1 Quarter
Distributions received from equity method investment	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.51M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.89M	USD	1 Quarter
Proceeds from Sunoma loan	`ProceedsFromConstructionLoansPayable`	-	USD	1 Quarter
Proceeds from Sunoma loan	`ProceedsFromConstructionLoansPayable`	$1.51M	USD	1 Quarter
Proceeds from OPAL Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	$10.00M	USD	1 Quarter
Proceeds from OPAL Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	$15.00M	USD	1 Quarter
Cash paid for purchase of shares upon exercise of put option	`PaymentsToPurchaseSharesUponExerciseOfPutOption`	-	USD	1 Quarter
Cash paid for purchase of shares upon exercise of put option	`PaymentsToPurchaseSharesUponExerciseOfPutOption`	$16.39M	USD	1 Quarter
Financing costs paid to other third parties	`PaymentsOfFinancingCosts`	$1.86M	USD	1 Quarter
Financing costs paid to other third parties	`PaymentsOfFinancingCosts`	$100.00K	USD	1 Quarter
Repayment of Senior Secured Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.22M	USD	1 Quarter
Repayment of Senior Secured Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$22.75M	USD	1 Quarter
Repayment of OPAL Term Loan	`RepaymentsOfSecuredDebt`	$6.93M	USD	1 Quarter
Repayment of OPAL Term Loan	`RepaymentsOfSecuredDebt`	$1.61M	USD	1 Quarter
Repayment of Municipality loan	`RepaymentsOfOtherLongTermDebt`	$55.00K	USD	1 Quarter
Repayment of Municipality loan	`RepaymentsOfOtherLongTermDebt`	$45.00K	USD	1 Quarter
Proceeds from sale of non-redeemable non-controlling interest	`ProceedsFromNonredeemableNoncontrollingInterest`	$5.64M	USD	1 Quarter
Proceeds from sale of non-redeemable non-controlling interest	`ProceedsFromNonredeemableNoncontrollingInterest`	$3.54M	USD	1 Quarter
Proceeds from sale of non-controlling interest, related party	`ProceedsFromMinorityShareholders`	-	USD	1 Quarter
Proceeds from sale of non-controlling interest, related party	`ProceedsFromMinorityShareholders`	$25.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$42.41M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.68M	USD	1 Quarter
Net (decrease) increase in cash, restricted cash, and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.40M	USD	1 Quarter
Net (decrease) increase in cash, restricted cash, and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.91M	USD	1 Quarter
Cash, restricted cash, and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.05M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.82M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.22M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.97M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.05M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.82M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.22M	USD	Point-in-time
Cash, restricted cash, and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.97M	USD	Point-in-time
Interest paid, net of $1,808 and $0 capitalized, respectively	`InterestPaidNet`	$1.32M	USD	1 Quarter
Interest paid, net of $1,808 and $0 capitalized, respectively	`InterestPaidNet`	$1.54M	USD	1 Quarter
Paid-in-kind dividend on redeemable preferred non-controlling interests	`NoncashDividendsRedeemablePreferredNonControllingInterestsPaidInKind`	$717.00K	USD	1 Quarter
Paid-in-kind dividend on redeemable preferred non-controlling interests	`NoncashDividendsRedeemablePreferredNonControllingInterestsPaidInKind`	$2.76M	USD	1 Quarter
Accrual for purchase of Property, plant and equipment included in Accounts payable and Accrued capital expenses	`CapitalExpendituresIncurredButNotYetPaid`	$15.42M	USD	1 Quarter
Accrual for purchase of Property, plant and equipment included in Accounts payable and Accrued capital expenses	`CapitalExpendituresIncurredButNotYetPaid`	$11.92M	USD	1 Quarter
Right-of-use assets for finance leases as of January 1, 2022 included in Property, plant and equipment, net	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$801.00K	USD	1 Quarter
Right-of-use assets for finance leases as of January 1, 2022 included in Property, plant and equipment, net	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	1 Quarter
Lease liabilities for finance leases as of January 1, 2022 included in Accrued expenses and other current liabilities	`RightOfUseLiabilitiesObtainedInExchangeForFinanceLeaseLiabilityCurrent`	$316.00K	USD	1 Quarter
Lease liabilities for finance leases as of January 1, 2022 included in Accrued expenses and other current liabilities	`RightOfUseLiabilitiesObtainedInExchangeForFinanceLeaseLiabilityCurrent`	-	USD	1 Quarter
Lease liabilities for finance leases as of January 1, 2022 included in Other long-term liabilities	`RightOfUseLiabilitiesObtainedInExchangeForFinanceLeaseLiabilityNoncurrent`	-	USD	1 Quarter
Lease liabilities for finance leases as of January 1, 2022 included in Other long-term liabilities	`RightOfUseLiabilitiesObtainedInExchangeForFinanceLeaseLiabilityNoncurrent`	$485.00K	USD	1 Quarter
Fair value of contingent consideration to redeem the non-controlling interest included in Other long-term liabilities	`NoncashContingentConsiderationFairValueAdjustmentsToRedeemNoncontrollingInterest`	-	USD	1 Quarter
Fair value of contingent consideration to redeem the non-controlling interest included in Other long-term liabilities	`NoncashContingentConsiderationFairValueAdjustmentsToRedeemNoncontrollingInterest`	$91.00K	USD	1 Quarter
Accrual for deferred financing costs included in Accrued expenses and other current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$2.33M	USD	1 Quarter
Accrual for deferred financing costs included in Accrued expenses and other current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-299.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-791.39M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-774.16M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.70M	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	1.64M	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-242.00K	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.43M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-58.00K	USD	1 Quarter
Proceeds from non-redeemable non-controlling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$5.74M	USD	1 Quarter
Proceeds from non-redeemable non-controlling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$3.54M	USD	1 Quarter
Issuance of Class A common stock on warrant exchange (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	300,000.00	shares	Point-in-time
Issuance of Class A common stock on warrant exchange (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	49,633.00	shares	Point-in-time
Issuance of Class A common stock on warrant exchange	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$338.00K	USD	1 Quarter
Exercise of put option forward purchase contract - Meteora	`TreasuryStockValueAcquiredFairValue`	$11.61M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$157.00K	USD	1 Quarter
Change in redemption value of Redeemable non-controlling interests	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$7.72M	USD	1 Quarter
Paid-in-kind preferred dividend	`DividendsPreferredStockPaidinkind`	$445.00K	USD	1 Quarter
Paid-in-kind preferred dividend	`DividendsPreferredStockPaidinkind`	$717.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-791.39M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-774.16M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.70M	USD	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	1.64M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-4.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.35M	USD	1 Quarter
Net unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-356.00K	USD	1 Quarter
Net unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.70M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.47M	USD	1 Quarter
Net loss attributable to Redeemable non-controlling interests	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	$-4.94M	USD	1 Quarter
Net loss attributable to Redeemable non-controlling interests	`ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest`	$-5.92M	USD	1 Quarter
Other comprehensive loss attributable to Redeemable non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-299.00K	USD	1 Quarter
Other comprehensive loss attributable to Redeemable non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to non-redeemable non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-297.00K	USD	1 Quarter
Comprehensive loss attributable to non-redeemable non-controlling interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-242.00K	USD	1 Quarter
Paid-in-kind preferred dividends	`DividendsPreferredStockPaidinkind`	$445.00K	USD	1 Quarter
Paid-in-kind preferred dividends	`DividendsPreferredStockPaidinkind`	$717.00K	USD	1 Quarter
Comprehensive loss attributable to Class A common stockholders	`ComprehensiveIncomeLossAvailableToCommonStockholders`	-	USD	1 Quarter
Comprehensive loss attributable to Class A common stockholders	`ComprehensiveIncomeLossAvailableToCommonStockholders`	$-1.64M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.