Montauk Renewables Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
MNTK$2.78+2.2%Stored close · as of Nov 9, 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 September 30, | as of December 31, | |
|---|---|---|
| ASSETS | 2024 | 2023 |
| Current assets: | ||
| Cash and cash equivalents | $54,973 | $73,811 |
| Accounts and other receivables | 19,217 | 12,752 |
| Current restricted cash | 82 | 8 |
| Current portion of derivative instruments | 428 | 785 |
| Prepaid expenses and other current assets | 4,576 | 2,819 |
| Total current assets | $79,276 | $90,175 |
| Non-current restricted cash | $374 | $423 |
| Property, plant and equipment, net | 249,845 | 214,289 |
| Goodwill and intangible assets, net | 18,460 | 18,421 |
| Deferred tax assets | 33 | 2,076 |
| Non-current portion of derivative instruments | 179 | 470 |
| Operating lease right-of-use assets | 4,054 | 4,313 |
| Finance lease right-of-use assets | 129 | 36 |
| Related party receivable | 10,168 | 10,138 |
| Other assets | 11,600 | 9,897 |
| Total assets | $374,118 | $350,238 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $10,154 | $7,916 |
| Accrued liabilities | 15,763 | 12,789 |
| Income tax payable | 1,584 | 313 |
| Current portion of operating lease liability | 457 | 420 |
| Current portion of finance lease liability | 71 | 26 |
| Current portion of long-term debt | 10,868 | 7,886 |
| Total current liabilities | $38,897 | $29,350 |
| Long-term debt, less current portion | $46,719 | $55,614 |
| Non-current portion of operating lease liability | 3,849 | 4,133 |
| Non-current portion of finance lease liability | 58 | 10 |
| Asset retirement obligations | 6,226 | 5,900 |
| Other liabilities | 3,032 | 4,992 |
| Total liabilities | $98,781 | $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 September 30, 2024 and December 31, 2023; 142,567,055 and 141,986,189 shares outstanding at September 30, 2024 and December 31, 2023, respectively | $1,425 | $1,420 |
| Treasury stock, at cost, 1,315,403 and 984,762 shares September 30, 2024 and December 31, 2023, respectively | (12,882) | (11,173) |
| Additional paid-in capital | 222,994 | 214,378 |
| Retained earnings | 63,800 | 45,614 |
| Total stockholders' equity | $275,337 | $250,239 |
| Total liabilities and stockholders' equity | $374,118 | $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.