Get notified when NC files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRed Flags Detected
- Asset Impairment (new) — The company recorded $12.0 million of impairment charges on solar development projects in Q2 2026, a new material charge not present in the prior-year filing.
- Customer Payment Delay (new) — MLMC's customer delayed coal invoice payments due to operational issues at the Red Hills Power Plant, with $7.2 million of receivables past due.
NACCO swings to Q2 loss on $12M solar impairment; MLMC payment delays add risk
Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read
Key Changes
-
high
Q2 operating loss of $2.3M vs. near breakeven last year, driven by $12.0M solar project impairments in Unallocated Items.
MD&A: Operating Results verify on EDGAR → -
high
MLMC customer delayed coal invoice payments due to Red Hills plant issues; $7.2M of receivables past due as of June 30.
MD&A: Liquidity verify on EDGAR → -
high
Subsequent to quarter-end, management began evaluating strategic alternatives for solar projects; potential curtailment costs estimated at ~$7M if unsuccessful.
Notes: Subsequent Events verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (ESTC 10-Q) is open in full — no account needed.
Partner
Trade NC commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify