Atlas Energy Solutions Inc 2025年季度报告

OR complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ FINANCIAL INFORMATION Financial Statements (Unaudited) Condensed Consolidated Statements of OperationsCondensed Consolidated Statements of Stockholders’ Equity Condensed Consolidated Statements of Cash FlowsNotes to Unaudited Condensed Consolidated Financial Statements Unregistered Sales of Equity Securities and Use of Proceeds Other InformationExhibits Net cash provided by financing activitiesNet decrease in cash and cash equivalentsCash and cash equivalents, beginning of period Cash and cash equivalents, end of periodSupplemental cash flow information Cash paid during the period for:$11,894$Supplemental disclosure of non-cash investing activities:Property, plant and equipment in accounts payable and accrued liabilities$20,370$Acquisition consideration, equity issuance$35,385$ The accompanying notes are an integral part of these condensed consolidated financial statements. 4 Note 1 – Business and Organization Atlas Energy Solutions Inc., a Delaware corporation (f/k/a New Atlas HoldCo. Inc.) (“New Atlas” and together with its subsidiaries“we,” “us,” “our,” or the “Company”), was formed on June 28, 2023, pursuant to the laws of the State of Delaware, and is the company and the ultimate parent company of Atlas Sand Company, LLC (“Atlas LLC”), a Delaware limited liability companyformed on April 20, 2017. The Company hastwosegments, the sand and logistics segment and the power segment. Sand and LogisticsThe Company is a producer of high-quality, locally sourced100mesh and40/70sand used as a proppant during the wellcompletion process. Proppant is necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells. One hundredpercent of Atlas LLC’s sand reserves are located in Texas within the Permian Basin and operations consist of proppant productionand processing facilities, including four facilities near Kermit, Texas (together, the “Kermit facilities”), a fifth facility nearMonahans, Texas (the “Monahans facility”), and the OnCore distributed mining network. We sell products and services primarily approximately225megawatts of existing power generation, primarily supporting production and artificial lift operations across allmajor United States resource basins. Moser AcquisitionOn February 24, 2025 (“Moser Closing Date”), the Company completed the acquisition of (i)100% of the authorized, issued andoutstanding equity ownership interests in Moser Acquisition, Inc., a Delaware corporation (“Moser AcquisitionCo”), and (ii) MoserEngine Service, Inc. (d/b/a Moser Energy Systems), a Wyoming corporation and a wholly-owned subsidiary of MoserAcquisitionCo (such transaction, the “Moser Acquisition”), collectively referred to as “Moser,”in exchange for mixedconsideration totaling $222.9million, subject to customary post-closing adjustments, pursuant to that certain Stock PurchaseAgreement (the “Moser Purchase Agreement”) by and among Wyatt Holdings, LLC, a Delaware limited liability company and an Sub 2, LLC, a Delaware limited liability company and direct, wholly-owned subsidiary of Atlas LLC, Hi-Crush, each stockholderof Hi-Crush as of immediately prior to the effective time of the mergers pursuant to the Hi-Crush Merger Agreement (each a “Hi- Crush Stockholder” and, collectively, the “Hi-Crush Stockholders”), Clearlake Capital Partners V Finance, L.P., solely in its 5capacity as the Hi-Crush Stockholders’ representative and HC Minerals Inc., a Delaware corporation (collectively, the “Parties”).Refer to Note 3 -Acquisitionsfor further discussion. Basis of Presentation accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the requirements of theU.S.Securities and Exchange Commission (the “SEC”). All adjustments necessary for a fair presentation of the FinancialStatements have been included. Such adjustments are of a normal, recurring nature. These Financial Statements include the accounts of New Atlas, Old Atlas, Atlas Sand Operating, LLC, a Delaware limited liability company (“Atlas Operating”), AtlasLLC, and Atlas LLC’s wholly-owned subsidiaries: Atlas Sand Employee Company, LLC; Atlas OLC Employee Company, LLC;Atlas Construction Employee Company, LLC; Atlas Sand Employee Holding Company, LLC; Fountainhead Logistics EmployeeCompany, LLC; Atlas Sand Construction, LLC; OLC Kermit, LLC; OLC Monahans, LLC; Fountainhead Logistics, LLC;Fountainhead Transportation Services, LLC; and Fountainhead Equipment Leasing, LLC. Moser Engine Service, Inc. (d/b/a Moser Energy Systems).The Company acquired Hi-Crush and certain of its wholly-owned subsidiaries on March 5, 2024. These Financial Statementsinclude the accounts of Hi-Crush Operating, LLC (“Hi-Crush Operating”) (f/k/a Hi-Crush Inc.) and the follow