v3.22.2.2
Consolidated balance sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 73,653 $ 5,376
Accounts receivable, net 444,997 161,632
Accounts receivable—related party 3,637 4,515
Prepaid expenses, and other current assets 19,331 6,213
Assets held for sale 1,805  
Inventories 192,377 73,942
Total current assets 735,800 251,678
Property, plant, and equipment 1,231,205 827,865
Accumulated depreciation and depletion (566,960) (464,178)
Property, plant, and equipment, net 664,245 363,687
Operating lease right-of-use assets 80,664  
Deferred tax assets 3,316  
Investments 49,752 4,244
Intangible assets, net 28,241 27,816
Goodwill 82,340  
Other assets 19,267 17,145
Total assets 1,663,625 664,570
Current liabilities:    
Accounts payable 178,905 121,070
Accounts payable—related party 37,577 21,275
Current portion of operating lease liabilities 9,160  
Accrued expenses 159,304 38,149
Other current liabilities 15,835 34,400
Current portion of long-term debt 51,329 31,793
Total current liabilities 452,110 246,687
Long-term debt 427,961 235,128
Long-term debt—related party   34,645
Operating lease liabilities 75,397  
Total liabilities 955,468 516,460
Commitments and contingencies (Note 17)
Redeemable noncontrolling interest 2,024,687  
Stockholders' and members' equity    
Members' equity   147,015
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding
Accumulated deficit (1,410,780)  
Accumulated other comprehensive (loss) income (36) 56
Total stockholders' and members' equity attributable to ProFrac Holding Corp. (1,409,393) 147,071
Noncontrolling interests 92,863 1,039
Total stockholders' and members' (deficit) equity (1,316,530) 148,110
Total liabilities, redeemable noncontrollable interest, and stockholders' and members' (deficit) equity 1,663,625 $ 664,570
Common Class A    
Stockholders' and members' equity    
Common stock, value 412  
Common Class B    
Stockholders' and members' equity    
Common stock, value $ 1,011  

Source