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Business Segment Information (Tables)

9 Months Ended

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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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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