Financial insights of BW

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31	2024-12-31
(gain) loss on asset disposals, net	-	354
Revenues	587,676	717,333
Restructuring activities	-	1,296
Cost of operations	443,825	540,308
Selling, general and administrative expenses	119,481	141,476
Research and development costs	1,457	5,794
Impairment of long-lived assets	950	-
Impairment of goodwill and long-lived assets	-	3,729
Loss (gain) on asset disposals, net	-1,226	-
Total costs and expenses	566,939	692,249
Operating income (loss)	20,737	25,084
Other expense, net	-	1,229
Interest expense	37,532	46,146
Interest income	1,486	814
Gain (loss) on debt extinguishment	1,836	-7,267
Benefit plans, net	9,782	31,937
Foreign exchange	135	-109
Other expense, net	-1,448	-
Total other expense	-45,305	-85,874
Loss from continuing operations before income tax expense	-24,568	-60,790
Income tax expense	8,280	12,172
Loss from continuing operations	-32,848	-72,962
(loss) income from discontinued operations, net of tax	-3,311	13,183
Net loss	-	-59,779
Net (loss) income attributable to non-controlling interest	-	136
Net loss attributable to stockholders	-36,159	-59,915
Less dividends on series a preferred stock	14,859	14,859
Net (loss) income attributable to stockholders of common stock, basic	-	-74,774
Net loss attributable to stockholders of common stock, diluted	-51,018	-74,774

Basic EPS	-0.48	-0.82
Diluted EPS	-0.48	-0.82
Basic Average Shares	105,421,000	91,717,000
Diluted Average Shares	105,421,000	91,717,000