| Schedule of Segment Reporting Information, by Segment |
The following tables present additional segment information for the three months ended March 31, 2026 and a reconciliation to amounts on the condensed consolidated statements of operations. | | | | | | | | | | | | | | | | | | | | | | | | | Sand | | SmartSystems | | Total | | Revenue | $ | 92,488 | | | $ | 623 | | | $ | 93,111 | | | | | | | | | Segment cost of goods sold | | | | | | | Logistics costs | $ | 54,883 | | | $ | — | | | $ | 54,883 | | | Production costs | 24,428 | | | — | | | 24,428 | | | Depreciation, depletion, and accretion of asset retirement obligations | 6,531 | | | 551 | | | 7,082 | | Other costs (1) | — | | | 610 | | | 610 | | | Total cost of goods sold | $ | 85,842 | | | $ | 1,161 | | | $ | 87,003 | | | | | | | | | Gross profit | $ | 6,646 | | | $ | (538) | | | $ | 6,108 | | | Total operating expenses | | | | | 10,981 | | | Total other (expenses) income, net | | | | | (159) | | | Income tax expense (benefit) | | | | | (1,172) | | | Net loss | | | | | $ | (3,860) | | | | | | | | | Additions to property, plant and equipment | $ | 1,822 | | | $ | 59 | | | | | (1) Other costs primarily consist of labor and benefits, consumables, equipment-related costs, maintenance, utilities, and other operational support expenses. |
The following tables present additional segment information for the three months ended March 31, 2025 and a reconciliation to amounts on the condensed consolidated statements of operations. | | | | | | | | | | | | | | | | | | | Sand | | SmartSystems | | Total | | Revenue | $ | 64,464 | | | $ | 1,094 | | | $ | 65,558 | | | | | | | | | Segment cost of goods sold | | | | | | | Logistics costs | $ | 36,240 | | | $ | — | | | $ | 36,240 | | | Production costs | 19,164 | | | — | | | 19,164 | | | Depreciation, depletion, and accretion of asset retirement obligations | 6,022 | | | 550 | | | 6,572 | | Other costs (1) | 247 | | | 563 | | | 810 | | | Total cost of goods sold | $ | 61,673 | | | $ | 1,113 | | | $ | 62,786 | | | | | | | | | Gross profit | $ | 2,791 | | | $ | (19) | | | $ | 2,772 | | | Total operating expenses | | | | | 9,822 | | | Total other (expenses) income, net | | | | | (213) | | | Income tax expense (benefit) | | | | | 16,968 | | | Net loss | | | | | $ | (24,231) | | | | | | | | | Additions to property, plant and equipment | $ | 2,738 | | | $ | — | | | | | (1) Other costs primarily consist of labor and benefits, consumables, equipment-related costs, maintenance, utilities, and other operational support expenses. |
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| Revenue from External Customers by Geographic Areas |
The following table presents revenue by geographic location, based on the country in which delivery to the customer occurred for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | Three Months Ended March 31, | | 2026 | | 2025 | | United States | $ | 76,000 | | | $ | 65,315 | | | Canada | 17,111 | | | 243 | | | Total Revenue | $ | 93,111 | | | $ | 65,558 | |
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