Atlas Energy Solutions Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
AESI$5.54+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(In thousands, except share data)
| March 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $187,120 | $210,174 |
| Accounts receivable | 185,758 | 71,170 |
| Inventories | 13,914 | 6,449 |
| Spare part inventories | 20,977 | 15,408 |
| Prepaid expenses and other current assets | 17,728 | 15,485 |
| Total current assets | 425,497 | 318,686 |
| Property, plant and equipment, net | 1,287,505 | 934,660 |
| Finance lease right-of-use assets | 7,432 | 424 |
| Operating lease right-of-use assets | 13,931 | 3,727 |
| Goodwill | 91,171 | — |
| Intangible assets | 112,462 | 1,767 |
| Other long-term assets | 3,686 | 2,422 |
| Total assets | $1,941,684 | $1,261,686 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $102,072 | $60,882 |
| Accounts payable - related parties | 236 | 277 |
| Accrued liabilities | 43,428 | 28,458 |
| Current portion of long-term debt | 24,129 | — |
| Other current liabilities | 20,260 | 2,975 |
| Total current liabilities | 190,125 | 92,592 |
| Long-term debt, net of discount and deferred financing costs | 457,170 | 172,820 |
| Deferred tax liabilities | 199,429 | 121,529 |
| Other long-term liabilities | 28,530 | 6,921 |
| Total liabilities | 875,254 | 393,862 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value; 500,000,000 authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023. | — | — |
| Common Stock, $0.01 par value, 1,500,000,000 shares authorized, 109,850,496 and 100,025,584 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. | 1,098 | 1,000 |
| Additional paid-in-capital | 1,079,800 | 908,079 |
| Accumulated deficit | (14,468) | (41,255) |
| Total stockholders' equity | 1,066,430 | 867,824 |
| Total liabilities and stockholders’ equity | $1,941,684 | $1,261,686 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.