Quarterly report pursuant to Section 13 or 15(d)


3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories 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):
March 31, December 31,
2024 2023
Supplies $ 6,678  $ 6,757 
Raw materials 1,523  872 
Work in process 3,414  3,955 
Finished goods 1,206  1,069 
Total inventories $ 12,821  $ 12,653