OPAL Fuels Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $39.3m $40.4m $38.3m $24.3m $24.4m
Accounts receivable, net of allowance of $469 and $—, respectively (2) $25.4m $31.1m $27.6m $46.5m $61.8m
Restricted cash - current $0 $32.4m $4.4m $972k $1.2m
Parts inventory $5.1m $7.3m $10.2m $10.3m $11.0m
Prepaid expense and other current assets $5.5m $7.6m $6.0m $11.1m $16.0m
Restricted cash - non-current $2.7m $4.4m $4.5m $3.9m $2.7m
Total current assets $1.5m $212.0m $128.1m $117.2m $122.7m
Property, plant, and equipment, net $169.8m $297.3m $339.5m $458.3m $495.6m
Goodwill $54.6m $54.6m $54.6m $54.6m $54.6m
Other long-term assets $160k $1.5m $1.2m $2.1m $44.4m
Contract assets $8.5m $9.8m $6.8m $11.1m $8.3m
Investments in other entities $47.1m $51.8m $207.1m $223.6m $231.2m
Net investment in sales-type lease $0 $8.2m
Contract liabilities $9.8m $8.0m $6.3m $9.3m $6.3m
Loan, current portion $756k $380k $1.6m $1.8m $15.1m
Accrued expenses and other current liabilities $7.2m $9.6m $14.2m $9.5m $63.9m
Loan, net of debt issuance costs $16.2m $21.7m $20.0m $18.4m $337.1m
Redeemable non-controlling interests $311.2m $1.3b $1.1b $742.9m $637.9m
Class A common stock in treasury, at cost; 1,635,783 shares as of December 31, 2025 and 2024 $0 ($11.6m) ($11.6m) ($11.6m)
Non-redeemable non-controlling interests $1.2m $26.4m $955k $618k $2.8m
Total stockholders' deficit attributable to the Company ($39.1m) ($800.6m) ($478.8m) ($148.4m) ($12.9m)
Total stockholders' deficit $1.2m ($774.2m) ($477.9m) ($147.8m) ($10.1m)
Total assets $312.8m $644.9m $754.6m $881.1m $959.5m
Accounts payable $19k $22.7m $20.9m $24.4m $19.0m
Total current liabilities $113k $152.9m $76.4m $103.6m $104.2m
Other long-term liabilities $4.8m $825k $7.6m $9.8m $20.4m
Total liabilities $40.8m $267.0m $297.1m $416.0m $461.7m
Common stock $778 $17k $17k $17k $17k
Accumulated deficit ($39.1m) ($800.8m) ($467.2m) ($137.0m) ($1.3m)
Accumulated other comprehensive (loss) income $0 $195k ($15k) $152k ($26k)
Common stock, par value (in dollars per share) $0.00 $0.00
Total liabilities, redeemable preferred, redeemable non-controlling interests and stockholders' deficit $312.8m $644.9m $754.6m $881.1m $959.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.