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
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 10,527 $ 17,282
Inventories 11,779 8,883
Prepaid expenses 3,717 13,219
Other current assets 616 620
Total current assets 482,254 496,692
Property, plant and equipment, net 119,151 138,066
Sand reserves 58,778 61,830
Operating lease right-of-use assets 11,147 10,656
Intangible assets, net 1,106 1,782
Goodwill 9,214 11,717
Other non-current assets 4,326 3,935
Total assets 685,976 724,678
CURRENT LIABILITIES    
Accounts payable 39,304 47,391
Accrued expenses and other current liabilities 30,508 52,297
Current operating lease liability 6,081 5,447
Current portion of long-term debt 0 83,520
Income taxes payable 56,506 48,557
Total current liabilities 132,399 237,212
Long-term debt, net of current portion 69,029 0
Deferred income tax liabilities 401 471
Long-term operating lease liability 4,912 4,913
Asset retirement obligations 4,083 3,981
Other long-term liabilities 9,580 15,485
Total liabilities 220,404 262,062
COMMITMENTS AND CONTINGENCIES (Note 19)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 47,941,652 and 47,312,270 issued and outstanding at September 30, 2023 and December 31, 2022 479 473
Additional paid in capital 539,340 539,138
Accumulated deficit (70,361) (73,154)
Accumulated other comprehensive loss (3,886) (3,841)
Total equity 465,572 462,616
Total liabilities and equity 685,976 724,678
Nonrelated Party    
CURRENT ASSETS    
Accounts receivable, net/Receivables from related parties, net 455,349 456,465
Related Parties    
CURRENT ASSETS    
Accounts receivable, net/Receivables from related parties, net $ 266 $ 223