Smart Sand Inc
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
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FY2023 · Filed Mar 11, 2024
SND$4.07+3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (in thousands of U.S. dollars) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $6,072 | $5,510 |
| Accounts receivable | 23,231 | 35,746 |
| Unbilled receivables | 2,561 | 79 |
| Inventory | 26,823 | 20,185 |
| Prepaid expenses and other current assets | 3,217 | 6,593 |
| Total current assets | 61,904 | 68,113 |
| Property, plant and equipment, net | 255,092 | 258,843 |
| Operating lease right-of-use assets | 23,265 | 26,075 |
| Intangible assets, net | 5,876 | 6,669 |
| Other assets | 163 | 303 |
| Total assets | $346,300 | $360,003 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $16,041 | $14,435 |
| Accrued expenses and other liabilities | 11,024 | 13,430 |
| Deferred revenue | 1,154 | 6,959 |
| Current portion of long-term debt | 15,711 | 6,183 |
| Current portion of operating lease liabilities | 10,536 | 10,910 |
| Total current liabilities | 54,466 | 51,917 |
| Long-term debt | 3,449 | 9,807 |
| Long-term operating lease liabilities | 14,056 | 17,642 |
| Deferred tax liabilities, long-term, net | 12,101 | 18,238 |
| Asset retirement obligation | 19,923 | 18,888 |
| Other non-current liabilities | 38 | 40 |
| Total liabilities | 104,033 | 116,532 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity | ||
| Common stock, $0.001 par value, 350,000,000 shares authorized; 45,858,022 issued and 38,486,762 outstanding at December 31, 2023; 45,099,067 issued and 43,088,106 outstanding at December 31, 2022 | 39 | 43 |
| Treasury stock, at cost, 7,371,260 and 2,010,961 shares at December 31, 2023 and 2022, respectively | (14,249) | (5,075) |
| Additional paid-in capital | 181,973 | 178,386 |
| Retained earnings | 74,539 | 69,890 |
| Accumulated other comprehensive (loss) income | (35) | 227 |
| Total stockholders’ equity | 242,267 | 243,471 |
| Total liabilities and stockholders’ equity | $346,300 | $360,003 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.