MAMMOTH ENERGY SERVICES INC
For the period ended Mar 31, 2024. Filed May 2, 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 2, 2024
TUSK$3.06-1.6%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
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)
| ASSETS | March 31, | December 31, |
|---|---|---|
| 2024 | 2023 | |
| CURRENT ASSETS · (in thousands) | ||
| Cash and cash equivalents | $22,021 | $16,556 |
| Restricted cash | — | 7,742 |
| Accounts receivable, net | 389,520 | 447,202 |
| Inventories | 12,821 | 12,653 |
| Prepaid expenses | 8,982 | 12,181 |
| Other current assets | 554 | 591 |
| Total current assets | 433,898 | 496,925 |
| Property, plant and equipment, net | 109,232 | 113,905 |
| Sand reserves | 58,530 | 58,528 |
| Operating lease right-of-use assets | 7,990 | 9,551 |
| Goodwill | 9,214 | 9,214 |
| Deferred income tax asset | 1,204 | 1,844 |
| Other non-current assets | 8,002 | 8,512 |
| Total assets | $628,070 | $698,479 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $21,506 | $27,508 |
| Accrued expenses and other current liabilities | 34,117 | 86,713 |
| Accrued expenses and other current liabilities - related parties | — | 1,241 |
| Current operating lease liability | 5,212 | 5,771 |
| Income taxes payable | 62,482 | 61,320 |
| Total current liabilities | 123,317 | 182,553 |
| Long-term debt from related parties | 45,630 | 42,809 |
| Deferred income tax liabilities | 597 | 628 |
| Long-term operating lease liability | 2,617 | 3,534 |
| Asset retirement obligations | 4,162 | 4,140 |
| Other long-term liabilities | 3,483 | 4,715 |
| Total liabilities | 179,806 | 238,379 |
| COMMITMENTS AND CONTINGENCIES (Note 19) | ||
| EQUITY | ||
| Equity: | ||
| Common stock, $0.01 par value, 200,000,000 shares authorized, 48,008,319 and 47,941,652 issued and outstanding at March 31, 2024 and December 31, 2023 | 480 | 479 |
| Additional paid in capital | 539,776 | 539,558 |
| Accumulated deficit | (88,128) | (76,317) |
| Accumulated other comprehensive loss | (3,864) | (3,620) |
| Total equity | 448,264 | 460,100 |
| Total liabilities and equity | $628,070 | $698,479 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.