v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Total revenues $ 115,747 $ 40,680
OPERATING EXPENSES    
Cost of sales 27,083 7,982
Depreciation, depletion, amortization, and accretion 31,225 13,405
Selling, general, and administrative 9,514 5,250
Payroll and payroll-related 7,929 4,825
Advertising and marketing 320 17
Loss on sale of assets   564
Impairment expense 516  
Total operating expenses 76,587 32,043
Income from operations 39,160 8,637
OTHER INCOME (EXPENSE)    
Interest income 689 22
Interest expense, net (35,849) (16,921)
Gain (loss) on derivatives 1,920 (67)
Loss on debt extinguishment (321) (76)
Total other expenses (33,561) (17,042)
NET INCOME (LOSS) 5,599 (8,405)
Mineral and royalty revenues    
REVENUES    
Total revenues 29,886 33,984
Product sales    
REVENUES    
Total revenues 84,269 6,678
Water services    
REVENUES    
Total revenues 1,503  
Other revenues    
REVENUES    
Total revenues $ 89 $ 18