Montauk Renewables, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $21.0m $53.3m $105.2m $73.8m $45.6m $23.8m
Accounts and other receivables $5.4m $9.3m $7.2m $12.8m $8.2m $9.2m
Current restricted cash $22k $8k $8k $8k
Income tax receivable $0 $41k $702k
Related party receivable $8.9m $9.0m $10.1m
Prepaid insurance and other current assets $6.0m $2.8m $2.6m $2.8m $2.9m $3.3m
Non-current restricted cash $567k $328k $407k $423k $375k $430k
Total current assets $32.5m $75.2m $124.9m $90.2m $57.2m $37.2m
Property, plant and equipment, net $186.4m $180.9m $175.9m $214.3m $252.3m $341.4m
Goodwill and intangible assets, net $14.7m $14.1m $15.8m $18.4m $18.1m $19.6m
Operating lease right-of-use assets $586k $305k $4.7m $4.3m $7.1m $9.1m
Finance lease right-of-use assets $96k $36k $110k $39k
Other assets $3.8m $5.1m $5.6m $9.9m $12.3m $18.4m
Current portion of derivative instruments $1.2m $650k $879k $785k $471k $220k
Deferred tax assets $14.8m $10.6m $4.0m $2.1m $1.3m $5.5m
Non-current portion of derivative instruments $1.1m $189k $936k $470k $298k $0
Equity method investment $0 $3.8m
Related party payable $0 $625k $0
Current portion of finance lease liability $71k $26k $76k $32k
Non-current portion of finance lease liability $25k $10k $36k $8k
Asset retirement obligations $5.7m $5.3m $5.5m $5.9m $6.3m $7.0m
Other liabilities $1.9m $2.7m $3.5m $5.0m $2.8m $39k
Additional paid-in capital $196.2m $206.1m $214.4m $221.9m $226.3m
Total assets $253.4m $286.5m $332.3m $350.2m $349.0m $435.5m
Total liabilities and stockholders' equity $253.4m $286.5m $332.3m $350.2m $349.0m $435.5m
Accounts payable $6.0m $5.0m $4.6m $7.9m $8.9m $15.6m
Accrued liabilities $11.5m $10.8m $15.1m $12.8m $10.1m $11.7m
Current portion of operating lease liability $282k $296k $410k $420k $2.0m $3.3m
Current portion of long-term debt $9.5m $7.8m $7.9m $7.9m $11.9m $2.7m
Long-term debt, less current portion $56.3m $71.4m $63.5m $55.6m $43.8m $126.0m
Non-current portion of operating lease liability $320k $27k $4.3m $4.1m $5.1m $5.9m
Total current liabilities $28.5m $24.6m $28.4m $29.4m $33.5m $33.4m
Total liabilities $93.7m $104.2m $105.2m $100.0m $91.6m $172.3m
Common stock, $0.01 par value, authorized 690,000,000 shares; 143,912,811 and 143,792,811 shares issued at December 31, 2025 and December 31, 2024, respectively; 143,244,544 and 142,711,797 shares outstanding at December 31, 2025 and December 31, 2024, respectively 1.4m 1.4m 1.4m 1.4m 1.4m
Treasury stock, at cost, 2,521,886 and 2,308,524 shares December 31, 2025 and December 31, 2024, respectively ($10.8m) ($11.1m) ($11.2m) ($21.3m) ($21.7m)
Retained earnings ($4.5m) $30.7m $45.6m $55.3m $57.1m
Total stockholders' equity $159.6m $182.3m $227.1m $250.2m $257.4m $263.1m