Quarterly report pursuant to Section 13 or 15(d)


6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Inventories InventoriesInventories consist of raw sand and processed sand available for sale, chemicals and other products sold as a bi-product of completion and production operations and supplies used in performing services. Inventory is stated at the lower of cost or net realizable value on an average cost basis. The Company assesses the valuation of its inventories based upon specific usage, future utility, obsolescence and other factors. A summary of the Company’s inventories is shown below (in thousands):
June 30, December 31,
2023 2022
Supplies $ 5,833  $ 5,167 
Raw materials 1,830  974 
Work in process 1,740  2,221 
Finished goods 786  521 
Total inventories $ 10,189  $ 8,883