Quarterly report [Sections 13 or 15(d)]

Inventories

v3.25.2
Inventories
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of raw sand and processed sand available for sale 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,
2025 2024
Supplies $ 1,923  $ 2,080 
Raw materials —  15 
Work in process 656  4,081 
Finished goods 887  672 
Total inventories $ 3,466  $ 6,848