v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Operating revenues, net $ 155,162 $ 101,163
Operating expenses    
Cost of operations (exclusive of depreciation and amortization shown separately below) 29,636 17,532
General and administrative 32,453 25,026
Depreciation, amortization and accretion expense 53,627 29,600
Acquisition and entity formation costs 4,508 3,629
Loss on fair value remeasurement of contingent consideration 2,207 79
Loss (gain) on disposal of property, plant and equipment 649 (2,222)
Stock-based compensation 14,984 9,404
Total operating expenses 138,064 83,048
Operating income 17,098 18,115
Other (income) expenses    
Change in fair value of redeemable warrant liability 0 5,647
Change in fair value of Alignment Shares liability (5,632) (61,314)
Other expense (income), net 1,784 (3,926)
Interest expense, net 47,486 22,162
Loss on extinguishment of debt, net 116 2,303
Total other expense (income) 43,754 (35,128)
(Loss) income before income tax expense (26,656) 53,243
Income tax benefit (expense) 683 (1,076)
Net (loss) income (25,973) 52,167
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (16,618) (3,270)
Net (loss) income attributable to Altus Power, Inc. $ (9,355) $ 55,437
Net (loss) income per share attributable to common stockholders    
Basic (in usd per share) $ (0.06) $ 0.36
Diluted (in usd per share) $ (0.06) $ 0.35
Weighted average shares used to compute net (loss) income per share attributable to common stockholders    
Basic (in shares) 158,699,959 154,648,788
Diluted (in shares) 158,699,959 155,708,993