Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2021

NOTE 2

—QUARTERLY FINANCIAL DATA (UNAUDITED)

Presented below is the selected quarterly financial data for year 2021 and year 2020, which was prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary to present fairly, in all material respects, the information set forth therein on a consistent basis. The Reorganization Transactions resulted in a pro rata distribution whereby the ownership of the Company after the Reorganization Transactions was identical to the ownership of MNK prior to the Reorganization Transaction and was therefore akin to a common control transaction. The retrospective presentation of the periods presented in the consolidated financial statements as a result of this common control transaction require the following unaudited quarterly financial disclosures.


	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
2021
Operating Revenues	$	31,447		$	31,674		$	39,749		$	45,257
Operating Income (Loss)(1)		(12,204	)		(537	)		6,729			9,347
Net Income (Loss)		(14,265	)		(4,652	)		8,896			5,493
2020
Operating Revenues	$	18,403		$	27,910		$	28,249		$	25,821
Operating Income (Loss)(1)		(2,783	)		3,563			4,835			(2,034	)
Net Income (Loss)		5,816			(1,583	)		(2,084	)		2,454

(1)	The company received $332 and $3,934 in insurance proceeds for the years ended December 31, 2021 and 2020, respectively. The proceeds related to an engine failure and related business interruption at an RNG facility.