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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
SALES AND OPERATING REVENUES:    
Other revenues $ 1,659 $ 1,263
Total sales and operating revenues 117,787 111,574
EXPENSES:    
Fuel 15,210 8,059
Other operating and maintenance costs 28,389 37,262
Cost of purchased power 6,840 1,926
Utilities 4,152 4,594
Labor 27,029 35,168
Depreciation, depletion and amortization 14,977 15,443
Asset retirement obligations accretion 427 399
Exploration costs 21 70
General and administrative 6,825 5,944
Gain on disposal or abandonment of assets, net (21) (24)
Total operating expenses 103,849 108,841
INCOME FROM OPERATIONS 13,938 2,733
Interest expense (3,723) (3,937)
Loss on extinguishment of debt   (853)
Equity method investment (loss) (236) (249)
NET INCOME (LOSS) BEFORE INCOME TAXES 9,979 (2,306)
INCOME TAX EXPENSE (BENEFIT):    
Deferred   (610)
Total income tax expense (benefit)   (610)
NET INCOME (LOSS) $ 9,979 $ (1,696)
NET INCOME (LOSS) PER SHARE:    
Basic (in dollar per share) $ 0.23 $ (0.05)
Diluted (in dollar per share) $ 0.23 $ (0.05)
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 42,619 34,816
Diluted (in shares) 43,462 34,816
Interest Expense:    
Interest on bank debt $ 1,494 $ 2,805
Other interest 1,732 728
Amortization:    
Amortization of debt issuance costs 497 404
Total amortization 497 404
Total interest expense 3,723 3,937
Electric sales    
SALES AND OPERATING REVENUES:    
Revenues 85,943 60,681
Coal sales    
SALES AND OPERATING REVENUES:    
Revenues $ 30,185 $ 49,630