Smart Sand Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.08	1.55	6.07	5.51	25.59	11.73
Cash & Short-Term Investments	5.08	1.55	6.07	5.51	25.59	11.73
Cash Growth	-29.58%	-74.41%	10.20%	-78.47%	118.23%	344.30%
Accounts Receivable	44.19	46.29	25.79	35.83	19.37	69.85
Other Receivables	0.52	0.83	0.81	4.97	12.75	10.55
Receivables	44.71	47.12	26.61	40.8	32.12	80.39
Inventory	31.6	25.04	26.82	20.19	15.02	19.14
Prepaid Expenses	2.63	1.81	2.4	1.44	1.14	0.83
Other Current Assets	-	-	-	0.19	-	-
Total Current Assets	84.02	75.53	61.9	68.11	73.86	112.09
Property, Plant & Equipment	230.37	236.56	255.45	262.34	271.76	286.78
Other Intangible Assets	4.49	5.08	5.88	6.67	7.46	8.25
Other Long-Term Assets	24.2	24.38	23.07	22.89	20.94	20.56
Total Assets	343.07	341.55	346.3	360	374.02	427.68
Accounts Payable	9.51	16.99	16.04	14.44	8.48	3.27
Accrued Expenses	24.84	11.42	9.64	12.83	11.68	13.09
Current Portion of Long-Term Debt	4.04	3.32	15.47	5.82	7.01	6.78
Current Portion of Leases	10.13	10.29	10.77	11.27	9.15	7.2
Current Income Taxes Payable	0.61	0.85	0.87	-	2.33	-
Current Unearned Revenue	-	0.05	1.15	6.96	9.84	6.88
Other Current Liabilities	0.23	0.29	0.52	0.6	0.06	0.06
Total Current Liabilities	49.36	43.21	54.47	51.92	48.55	37.26
Long-Term Debt	8.19	8.82	2.91	9.35	15.12	22.09
Long-Term Leases	16.23	14.8	14.6	18.1	23.92	27.37
Long-Term Unearned Revenue	-	-	-	-	6.43	3.48
Long-Term Deferred Tax Liabilities	6.74	9.32	12.1	18.24	22.43	32.98
Other Long-Term Liabilities	22.68	21.59	19.96	18.93	16.4	15.68
Total Liabilities	103.2	97.74	104.03	116.53	132.86	138.87
Common Stock	0.04	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	188.16	185.26	181.97	178.39	174.49	171.21
Retained Earnings	69.07	73.24	74.54	69.89	70.59	121.27
Treasury Stock	-17.34	-14.67	-14.25	-5.08	-4.54	-4.13
Comprehensive Income & Other	-0.06	-0.06	-0.04	0.23	0.57	0.42
Shareholders' Equity	239.87	243.81	242.27	243.47	241.16	288.81
Total Liabilities & Equity	343.07	341.55	346.3	360	374.02	427.68
Total Debt	38.59	37.22	43.75	44.54	55.2	63.44
Net Cash (Debt)	-33.51	-35.67	-37.68	-39.03	-29.61	-51.72
Net Cash Per Share	-0.85	-0.91	-0.97	-0.92	-0.71	-1.28
Filing Date Shares Outstanding	43.54	42.88	43.01	45.83	44.81	43.41
Total Common Shares Outstanding	38.9	39.07	38.49	43.09	41.79	41.58
Working Capital	34.66	32.32	7.44	16.2	25.31	74.82
Book Value Per Share	6.17	6.24	6.29	5.65	5.77	6.95
Tangible Book Value	235.38	238.73	236.39	236.8	233.7	280.55
Tangible Book Value Per Share	6.05	6.11	6.14	5.50	5.59	6.75
Land	40.63	40.63	40.52	40.43	35.65	33.04
Machinery	308.28	299.47	290.59	270.6	262.51	255.42
Construction In Progress	2.79	3.22	6.27	10.42	9.57	7.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.