Smart Sand, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $34.7m $1.5m $2.6m $11.7m $25.6m $5.5m $6.1m $1.6m $22.6m
Prepaid Expense and Other Assets, Current $1.4m $3.8m $3.2m $1.5m $11.4m $13.9m $6.6m $3.2m $2.6m $4.0m
Inventory, Net $10.3m $9.1m $18.6m $21.4m $19.1m $15.0m $20.2m $26.8m $25.0m $31.1m
Assets, Current $65.0m $72.7m $50.1m $90.4m $112.1m $73.9m $68.1m $61.9m $75.5m $88.1m
Property, Plant and Equipment, Net $104.1m $172.2m $248.4m $230.5m $274.7m $262.5m $258.8m $255.1m $236.7m $223.3m
Goodwill $0
Intangible Assets, Net (Excluding Goodwill) $18.1m $9.0m $8.3m $7.5m $6.7m $5.9m $5.1m $4.3m
Operating Lease, Right-of-Use Asset $0 $28.2m $32.1m $29.8m $26.1m $23.3m $23.2m $23.5m
Other Assets, Noncurrent $23k $971k $3.4m $3.5m $563k $402k $303k $163k $1.1m $855k
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $5.3m $23.4m $19.0m $60.1m $69.7m $17.5m $35.7m $23.2m $41.0m $30.5m
Accrued Liabilities, Current $14.1m $13.4m $11.0m $12.6m $17.5m
Assets $173.5m $246.8m $320.3m $361.6m $427.7m $374.0m $360.0m $346.3m $341.5m $340.0m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $0 $13.1m $7.1m $9.0m $10.9m $10.5m $10.1m $8.8m
Accounts Payable, Current $1.7m $26.1m $11.3m $4.0m $3.3m $8.5m $14.4m $16.0m $17.0m $9.4m
Operating Lease, Liability, Noncurrent $15.5m $27.0m $23.7m $17.6m $14.1m $14.5m $14.4m
Deferred Revenue, Current $1.6m $0 $4.1m $7.7m $6.9m $9.8m $6.7m $1.2m $54k $9.8m
Long-term Debt, Current Maturities $860k $829k $6.2m $6.9m $7.1m $6.2m $15.7m $3.6m $4.4m
Long-term Debt, Excluding Current Maturities $0 $47.9m $28.2m $22.4m $15.4m $9.8m $3.4m $9.1m $8.7m
Liabilities, Current $13.7m $34.6m $24.7m $40.0m $37.3m $48.5m $51.9m $54.5m $43.2m $49.9m
Deferred Income Tax Liabilities, Net $13.2m $17.9m $24.0m $33.0m $22.4m $18.2m $12.1m $9.3m $4.2m
Other Liabilities, Noncurrent $503k $249k $40k $38k $302k $668k
Liabilities $31.0m $56.8m $110.9m $117.5m $138.9m $132.9m $116.5m $104.0m $97.7m $100.3m
Stockholders’ equity:
Common Stock, Value, Issued $39k $40k $40k $40k $42k $42k $43k $39k $39k $39k
Retained Earnings (Accumulated Deficit) $10.1m $31.6m $50.3m $81.9m $121.3m $70.6m $69.9m $74.5m $73.2m $68.1m
Accumulated Other Comprehensive Income (Loss), Net of Tax $0 ($313k) ($41k) $423k $574k $227k ($35k) ($60k) ($53k)
Additional Paid in Capital, Common Stock $132.9m $159.1m $162.2m $165.2m $171.2m $174.5m $178.4m $182.0m $185.3m $189.0m
Stockholders' Equity Attributable to Parent $142.4m $190.0m $209.4m $244.1m $288.8m $241.2m $243.5m $242.3m $243.8m $239.7m
Liabilities and Equity $173.5m $246.8m $320.3m $361.6m $427.7m $374.0m $360.0m $346.3m $341.5m $340.0m