ProFrac Holding Corp. Annual report pursuant to Section 13 and 15(d)

Supplemental balance sheet information (Tables)

12 Months Ended

Dec. 31, 2023

Inventories are comprised of the following:

Property, plant and equipment, net is comprised of the following:


	December 31,
	2023			2022
Machinery and equipment	$	2,130.8		$	1,665.1
Mining property and mine development		425.3			172.1
Buildings and leasehold improvements		113.9			102.0
Land		13.3			5.6
Office equipment, software and other		17.6			12.6
Construction in progress		88.3			156.1
Total		2,789.2			2,113.5
Less: accumulated depreciation, depletion and amortization		(1,010.2	)		(717.1	)
Property, plant, and equipment, net	$	1,779.0		$	1,396.4

Intangible assets, net is comprised of the following:


	Weighted Average Remaining Amortization period (Years)	Estimated Useful Life (in years)	Gross Book Value		Less: Accumulated Amortization			Net Book Value
As of December 31, 2023
Acquired technology	8.7	3-10	$	124.7	$	(17.2	)	$	107.5
Customer relationships	2.9	4		89.6		(23.6	)		66.0
Intangible assets, net	6.5		$	214.3	$	(40.8	)	$	173.5

As of December 31, 2022
Acquired technology	9.6	3-10	$	124.7	$	(4.2	)	$	120.5
Customer relationships	3.9	4		84.0		(1.4	)		82.6
Intangible assets, net	7.3		$	208.7	$	(5.6	)	$	203.1

Accrued expenses are comprised of the following:


	December 31,
	2023		2022
Employee compensation and benefits	$	22.6	$	39.6
Sales, use, and property taxes		24.0		20.1
Insurance		10.9		7.4
Interest		5.4		17.5
Income taxes		1.5		0.7
Other		1.2		18.4
Total accrued expenses	$	65.6	$	103.7

Other Current Liabilities

Other current liabilities are comprised of the following:


	December 31,
	2023		2022
Acquired contract liabilities	$	43.5	$	15.8
Accrued legal contingencies		20.7		7.0
Deferred revenue		7.3		23.1
Tax receivable agreement obligation		2.8		3.3
Other		9.8		4.0
Total other current liabilities	$	84.1	$	53.2