| Schedule of Segment Reporting Information, by Segment |
The following tables set forth certain financial information with respect to the Company’s reportable segments (in thousands):
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| Three months ended March 31, 2022 |
Infrastructure |
Well Completion |
Sand |
Drilling |
All Other |
Eliminations |
Total |
| Revenue from external customers |
$ |
23,009 |
|
$ |
23,630 |
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$ |
8,347 |
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$ |
2,852 |
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$ |
4,460 |
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$ |
— |
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$ |
62,298 |
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| Intersegment revenues |
— |
|
244 |
|
832 |
|
3 |
|
272 |
|
(1,351) |
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— |
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| Total revenue |
23,009 |
|
23,874 |
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9,179 |
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2,855 |
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4,732 |
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(1,351) |
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62,298 |
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| Cost of revenue, exclusive of depreciation, depletion, amortization and accretion |
18,887 |
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21,839 |
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7,788 |
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2,372 |
|
3,594 |
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— |
|
54,480 |
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| Intersegment cost of revenues |
16 |
|
1,031 |
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— |
|
160 |
|
70 |
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(1,277) |
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— |
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| Total cost of revenue |
18,903 |
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22,870 |
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7,788 |
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2,532 |
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3,664 |
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(1,277) |
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54,480 |
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| Selling, general and administrative |
4,645 |
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2,039 |
|
828 |
|
292 |
|
864 |
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— |
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8,668 |
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| Depreciation, depletion, amortization and accretion |
4,314 |
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6,444 |
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1,795 |
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1,680 |
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2,934 |
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— |
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17,167 |
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| Operating loss |
(4,853) |
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(7,479) |
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(1,232) |
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(1,649) |
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(2,730) |
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(74) |
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(18,017) |
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| Interest expense, net |
1,542 |
|
371 |
|
162 |
|
104 |
|
170 |
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— |
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2,349 |
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| Other (income) expense, net |
(9,587) |
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(49) |
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(79) |
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— |
|
478 |
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— |
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(9,237) |
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| Income (loss) before income taxes |
$ |
3,192 |
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$ |
(7,801) |
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$ |
(1,315) |
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$ |
(1,753) |
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$ |
(3,378) |
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$ |
(74) |
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$ |
(11,129) |
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| Three months ended March 31, 2021 |
Infrastructure |
Well Completion |
Sand |
Drilling |
All Other |
Eliminations |
Total |
| Revenue from external customers |
$ |
30,200 |
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$ |
22,901 |
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$ |
8,705 |
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$ |
919 |
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$ |
4,079 |
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$ |
— |
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$ |
66,804 |
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| Intersegment revenues |
— |
|
54 |
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— |
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14 |
|
640 |
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(708) |
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— |
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| Total revenue |
30,200 |
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22,955 |
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8,705 |
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933 |
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4,719 |
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(708) |
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66,804 |
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| Cost of revenue, exclusive of depreciation, depletion, amortization and accretion |
27,377 |
|
9,003 |
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5,862 |
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1,604 |
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4,234 |
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— |
|
48,080 |
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| Intersegment cost of revenues |
45 |
|
394 |
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— |
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— |
|
269 |
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(708) |
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— |
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| Total cost of revenue |
27,422 |
|
9,397 |
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5,862 |
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1,604 |
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4,503 |
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(708) |
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48,080 |
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| Selling, general and administrative |
3,739 |
|
10,612 |
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2,049 |
|
422 |
|
1,202 |
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— |
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18,024 |
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| Depreciation, depletion, amortization and accretion |
6,667 |
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6,683 |
|
2,140 |
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2,165 |
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3,491 |
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— |
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21,146 |
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| Operating income (loss) |
(7,628) |
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(3,737) |
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(1,346) |
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(3,258) |
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(4,477) |
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— |
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(20,446) |
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| Interest expense, net |
669 |
|
254 |
|
93 |
|
63 |
|
146 |
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— |
|
1,225 |
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| Other (income) expense, net |
(6,486) |
|
439 |
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(794) |
|
(9) |
|
242 |
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— |
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(6,608) |
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| Income (loss) before income taxes |
$ |
(1,811) |
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$ |
(4,430) |
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$ |
(645) |
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$ |
(3,312) |
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$ |
(4,865) |
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$ |
— |
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$ |
(15,063) |
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Infrastructure |
Well Completion |
Sand |
Drilling |
All Other |
Eliminations |
Total |
| As of March 31, 2022: |
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| Total assets |
$ |
424,987 |
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$ |
53,000 |
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$ |
150,849 |
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$ |
27,316 |
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$ |
121,507 |
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$ |
(75,212) |
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$ |
702,447 |
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| As of December 31, 2021: |
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| Total assets |
$ |
427,626 |
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$ |
56,036 |
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$ |
156,519 |
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$ |
27,457 |
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$ |
129,202 |
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$ |
(75,948) |
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$ |
720,892 |
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