For the quarter ending 2025-09-30, OPAL has $916,749K in assets. $433,953K in debts. $29,928K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents (includes 119 and 358 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 29,928 | 29,269 | ||
| Accounts receivable, net of allowances of 2,454 and , respectively (includes 17 and 435 at september30, 2025 and december31, 2024, respectively, related to consolidated vies)-Nonrelated Party | 31,113 | 29,085 | ||
| Accounts receivable, related party-Related Party | 21,691 | 25,496 | ||
| Restricted cash - current (includes 906 and 972 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 1,077 | 979 | ||
| Fuel tax credits receivable | 3,264 | 3,264 | ||
| Contract assets | 12,646 | 10,556 | ||
| Parts inventory | 12,082 | 13,004 | ||
| Prepaid expense and other current assets (includes 1,100 and 144 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 10,984 | 11,833 | ||
| Total current assets | 122,785 | 123,486 | ||
| Property, plant, and equipment, net (includes 30,931 and 25,428 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 484,351 | 477,063 | ||
| Investment in other entities | 227,545 | 224,577 | ||
| Other long-term assets | 24,182 | 22,546 | ||
| Restricted cash - non-current (includes 2,633 and 2,315 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 3,278 | 3,257 | ||
| Goodwill | 54,608 | 54,608 | ||
| Total assets | 916,749 | 905,537 | ||
| Accounts payable-Nonrelated Party | 15,281 | 19,589 | ||
| Accounts payable-Related Party | 7,425 | 8,288 | ||
| Fuel tax credits payable | 3,069 | 3,471 | ||
| Accrued payroll (includes 39 and 45 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 8,611 | 7,663 | ||
| Accrued and payable capital expenditures | 10,014 | - | ||
| Accrued environmental credit rebates | 4,593 | 4,705 | ||
| Accrued expenses and other current liabilities (includes 1,148 and 974 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 14,880 | 12,969 | ||
| Contract liabilities | 8,378 | 8,631 | ||
| Accrued capital expenses | - | 24,859 | ||
| Opal term loan - current portion | 9,349 | 6,233 | ||
| Sunoma loan - current portion (includes 1,861 and 1,756 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 1,861 | 1,825 | ||
| Total current liabilities | 83,461 | 98,233 | ||
| Opal term loan, net of debt issuance costs | 313,324 | 295,753 | ||
| Sunoma loan, net of debt issuance costs (includes 17,071 and 18,373 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 17,071 | 17,515 | ||
| Operating lease liabilities - non-current portion | 11,940 | 12,007 | ||
| Other long-term liabilities (includes 1,307 and 2,495 at september30, 2025 and december31, 2024, respectively, related to consolidated vies) | 8,157 | 8,783 | ||
| Total liabilities | 433,953 | 432,291 | ||
| Redeemable non-controlling interests-Redeemable Preferred Noncontrolling Interest | 130,000 | 130,000 | ||
| Redeemable non-controlling interests-Redeemable Noncontrolling Interest | 342,528 | 365,548 | ||
| Common stock-Common Class A | 3 | 3 | ||
| Common stock-Common Class B | 12 | 12 | ||
| Common stock-Common Class C | 0 | 0 | ||
| Common stock-Common Class D | 2 | 2 | ||
| Additional paid-in capital | - | 0 | ||
| Retained earnings (accumulated deficit) | 19,089 | -13,442 | ||
| Accumulated other comprehensive (loss) income | -12 | 2 | ||
| Class a common stock in treasury, at cost 1,635,783 at september30, 2025 and december31, 2024 | 11,614 | 11,614 | ||
| Total stockholders' equity (deficit) attributable to the company | 7,480 | -25,037 | ||
| Non-redeemable non-controlling interests | 2,788 | 2,735 | ||
| Total stockholders' equity (deficit) | 10,268 | -22,302 | ||
| Total liabilities, redeemable preferred non-controlling interests, redeemable non-controlling interests and stockholders' equity (deficit) | 916,749 | 905,537 | ||
OPAL Fuels Inc. (OPAL)
OPAL Fuels Inc. (OPAL)