Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 8,850 $ 17,282
Inventories 10,189 8,883
Prepaid expenses 7,993 13,219
Other current assets 613 620
Total current assets 477,039 496,692
Property, plant and equipment, net 127,190 138,066
Sand reserves 60,539 61,830
Operating lease right-of-use assets 11,513 10,656
Intangible assets, net 1,393 1,782
Goodwill 11,717 11,717
Other non-current assets 3,372 3,935
Total assets 692,763 724,678
CURRENT LIABILITIES    
Accounts payable 49,863 47,391
Accrued expenses and other current liabilities 36,788 52,297
Current operating lease liability 6,051 5,447
Current portion of long-term debt 59,356 83,520
Income taxes payable 53,089 48,557
Total current liabilities 205,147 237,212
Deferred income tax liabilities 425 471
Long-term operating lease liability 5,213 4,913
Asset retirement obligations 4,068 3,981
Other long-term liabilities 11,194 15,485
Total liabilities 226,047 262,062
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 47,941,652 and 47,312,270 issued and outstanding at June 30, 2023 and December 31, 2022 479 473
Additional paid in capital 539,121 539,138
Accumulated deficit (69,273) (73,154)
Accumulated other comprehensive loss (3,611) (3,841)
Total equity 466,716 462,616
Total liabilities and equity 692,763 724,678
Nonrelated Party    
CURRENT ASSETS    
Accounts receivable, net/Receivables from related parties, net 449,189 456,465
Related Parties    
CURRENT ASSETS    
Accounts receivable, net/Receivables from related parties, net $ 205 $ 223