Montauk Renewables Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
MNTK$1.19-57.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited consolidated balance sheets
CONSOLID ATED BALANCE SHEETS
(in thousands, except share data):
| as of March 31, | as of December 31, | |
|---|---|---|
| ASSETS | 2024 | 2023 |
| Current assets: | ||
| Cash and cash equivalents | $63,277 | $73,811 |
| Accounts and other receivables | 9,669 | 12,752 |
| Current restricted cash | 8 | 8 |
| Income tax receivable | 98 | — |
| Current portion of derivative instruments | 766 | 785 |
| Prepaid expenses and other current assets | 2,801 | 2,819 |
| Total current assets | $76,619 | $90,175 |
| Non-current restricted cash | $443 | $423 |
| Property, plant and equipment, net | 231,373 | 214,289 |
| Goodwill and intangible assets, net | 18,178 | 18,421 |
| Deferred tax assets | 1,827 | 2,076 |
| Non-current portion of derivative instruments | 580 | 470 |
| Operating lease right-of-use assets | 4,275 | 4,313 |
| Finance lease right-of-use assets | 17 | 36 |
| Related party receivable | 10,148 | 10,138 |
| Other assets | 11,229 | 9,897 |
| Total assets | $354,689 | $350,238 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $12,323 | $7,916 |
| Accrued liabilities | 12,127 | 12,789 |
| Income tax payable | — | 313 |
| Current portion of operating lease liability | 447 | 420 |
| Current portion of finance lease liability | 7 | 26 |
| Current portion of long-term debt | 8,878 | 7,886 |
| Total current liabilities | $33,782 | $29,350 |
| Long-term debt, less current portion | $52,651 | $55,614 |
| Non-current portion of operating lease liability | 4,056 | 4,133 |
| Non-current portion of finance lease liability | 9 | 10 |
| Asset retirement obligations | 6,001 | 5,900 |
| Other liabilities | 3,860 | 4,992 |
| Total liabilities | $100,359 | $99,999 |
| Commitments and contingencies (Note 20) | ||
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.01 par value, authorized 690,000,000 shares; 143,732,811 shares issued at March 31, 2024 and December 31, 2023; 141,986,189 shares outstanding at March 31, 2024 and December 31, 2023 | 1,420 | 1,420 |
| Treasury stock, at cost, 984,762 shares March 31, 2024 and December 31, 2023 | (11,173) | (11,173) |
| Additional paid-in capital | 216,619 | 214,378 |
| Retained earnings | 47,464 | 45,614 |
| Total stockholders' equity | 254,330 | 250,239 |
| Total liabilities and stockholders' equity | $354,689 | $350,238 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.