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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Net sales	$ 234,412	$ 259,169	$ 712,136	$ 663,357
Cost of sales	275,693	251,474	774,577	676,336
Startup and transition costs	5,255	7,521	22,287	39,868
Total cost of goods sold	280,948	258,995	796,864	716,204
Gross (loss) profit	(46,536)	174	(84,728)	(52,847)
General and administrative expenses	7,044	9,815	24,828	36,983
Loss on sale of assets and asset impairments	3,381	8,852	10,715	12,795
Restructuring charges, net	23,392	209	23,877	210
Loss from continuing operations	(80,353)	(18,702)	(144,148)	(102,835)
Other income (expense):
Interest expense, net	(22,480)	(21,574)	(66,108)	(62,586)
Foreign currency (loss) income	563	(1,913)	(3,614)	(2,570)
Miscellaneous (expense) income	508	744	2,570	3,323
Total other expense	(21,409)	(22,743)	(67,152)	(61,833)
Reorganization items, net	13,358	0	13,358	0
Loss from continuing operations before income taxes	(115,121)	(41,445)	(224,659)	(164,668)
Income tax provision	(1,113)	(2,370)	(4,928)	(7,774)
Net loss from continuing operations	(116,234)	(43,815)	(229,587)	(172,442)
Gain on sale of discontinued operations	(11,927)	3,747	(15,114)	(20,183)
Net loss attributable to common stockholders	$ (128,161)	$ (40,068)	$ (244,701)	$ (192,625)
Weighted-average shares of common stock outstanding:
Basic	48,730	47,556	48,473	47,422
Diluted	48,730	47,556	48,473	47,422
Net loss from continuing operations per common share:
Basic	$ (2.39)	$ (0.93)	$ (4.74)	$ (3.64)
Diluted	(2.39)	(0.93)	(4.74)	(3.64)
Net (loss) income from discontinued operations per common share:
Basic	(0.24)	0.08	(0.31)	(0.43)
Diluted	(0.24)	0.08	(0.31)	(0.43)
Net loss per common share:
Basic	(2.63)	(0.84)	(5.05)	(4.06)
Diluted	$ (2.63)	$ (0.84)	$ (5.05)	$ (4.06)

Business development involves the development of products and services, their delivery, design and their implementation. Business development includes a number of techniques designed to grow an economic enterprise. Such techniques include, but are not limited to, assessments of marketing opportunities and target markets, intelligence gathering on customers and competitors, generating leads for possible sales, follow-up sales activity, formal proposal writing and business model design. Business development involves evaluating a business and then realizing its full potential, using such tools as marketing, sales, information management and customer service.

TPI COMPOSITES, INC 10-Q