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Business Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Business Segment Information [Abstract] |
Schedule of operating results for the business segments |
(in thousands) |  | GRE |  | Genie Renewables |  |  | Corporate |  |  | Total |
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 120,313 |  | $ | 4,736 |  |  | $ | — |  |  | $ | 125,049 |
Income (loss) from operations |  |  | 21,998 |  |  | (2,051 | ) |  |  | (2,061 | ) |  |  | 17,886 |
Depreciation and amortization |  |  | 83 |  |  | 12 |  |  |  | — |  |  |  | 95 |
Stock-based compensation |  |  | 242 |  |  | 9 |  |  |  | 398 |  |  |  | 649 |
Provision for doubtful accounts receivables |  |  | 350 |  |  | — |  |  |  | — |  |  |  | 350 |
Provision for (benefit from) income taxes |  |  | 5,985 |  |  | (318 | ) |  |  | (649 | ) |  |  | 5,018 |
Three Months Ended September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 79,917 |  | $ | 1,368 |  |  | $ | — |  |  | $ | 81,285 |
Income (loss) from operations |  |  | 27,415 |  |  | (1,503 | ) |  |  | (2,374 | ) |  |  | 23,538 |
Depreciation and amortization |  |  | 83 |  |  | 13 |  |  |  | — |  |  |  | 96 |
Stock-based compensation |  |  | 238 |  |  | — |  |  |  | 475 |  |  |  | 713 |
Provision for (benefit from) income taxes |  |  | 7,008 |  |  | — |  |  |  | (526 | ) |  |  | 6,482 |
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 311,458 |  | $ | 12,329 |  |  | $ | — |  |  | $ | 323,787 |
Income (loss) from operations |  |  | 56,862 |  |  | (4,477 | ) |  |  | (8,189 | ) |  |  | 44,196 |
Depreciation and amortization |  |  | 248 |  |  | 38 |  |  |  | — |  |  |  | 286 |
Stock-based compensation |  |  | 790 |  |  | 19 |  |  |  | 1,445 |  |  |  | 2,254 |
Provision for doubtful accounts receivables |  |  | 1,722 |  |  | — |  |  |  | — |  |  |  | 1,722 |
Provision for (benefit from) income taxes |  |  | 16,004 |  |  | (1,107 | ) |  |  | (1,946 | ) |  |  | 12,951 |
Nine Months Ended September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 226,961 |  | $ | 7,189 |  |  | $ | — |  |  | $ | 234,150 |
Income (loss) from operations |  |  | 72,004 |  |  | (2,500 | ) |  |  | (7,232 | ) |  |  | 62,272 |
Depreciation and amortization |  |  | 253 |  |  | 35 |  |  |  | — |  |  |  | 288 |
Stock-based compensation |  |  | 714 |  |  | — |  |  |  | 1,518 |  |  |  | 2,232 |
Provision for (benefit from) income taxes |  |  | 18,546 |  |  | — |  |  |  | (1,755 | ) |  |  | 16,791 |
Schedule of total assets for the business segments |
(in thousands) |  | GRE |  |  | Genie Renewables |  |  | Corporate |  |  | Total |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2023 |  | $ | 233,720 |  |  | $ | 25,506 |  |  | $ | 56,461 |  |  | $ | 315,687 |
December 31, 2022 |  |  | 191,839 |  |  |  | 12,191 |  |  |  | 73,585 |  |  |  | 277,615 |

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