Solaris Energy Infrastructure Inc. - 2025年季度报告

SOLARIS ENERGY INFRASTRUCTURE,INC.TABLE OF CONTENTS Cautionary Statement Regarding Forward-Looking StatementsPARTI:FINANCIAL INFORMATIONItem1.Financial Statements (Unaudited)Item2.Management’s Discussion and Analysis of Financial Condition and Results ofOperationsItem3.Quantitative and Qualitative Disclosures about Market RiskItem4.Controls and ProceduresPARTII: OTHER INFORMATIONItem1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem3.Defaults upon Senior SecuritiesItem4.Mine Safety DisclosuresItem5.Other InformationItem 6.ExhibitsSIGNATURES CAUTIONARY STATEMENTREGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form10-Q (this “Quarterly Report”) includes “forward-lookingstatements” within the meaning of Section27A of the Securities Act of 1933, as amended (the“Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”), which involve risks, uncertainties and assumptions. Statements that are predictivein nature, that depend upon or refer to future events or conditions or that include the words “believe,”“expect,” “anticipate,” “intend,” “estimate,” “could,” “may,” “continue,” “predict,” “potential,”“plan,” “will,” “should” and other expressions that are predictions of or indicate future events andtrends and that do not relate to historical matters identify forward-looking statements. Our forward- A forward-looking statement may include a statement of the assumptions or bases underlying theforward-looking statement. We believe that we have chosen these assumptions or bases in good faithand that they are reasonable. You are cautioned not to place undue reliance on any forward-lookingstatements. You should also understand that it is not possible to predict or identify all such factors and ●the level of domestic spending and access to capital markets which we serve, namely (i)power generation and (ii) the oil and natural gas industry and uncertainty regarding thefuture actions of oil producers, including the members of the Organization of the Petroleum ●changes in tariffs, trade barriers, price and exchange controls and other regulatoryrequirements, and the impact of such policies on us, our customers and the global economic ●the success of the Stateline joint venture (as defined in Note 16. Subsequent Events) and itsimpact on the financial condition and results of operations of our Solaris Power Solutions ●developments and uncertainty in the global economy and the resulting impacts to thedemand and supply for power generation or crude oil and natural gas or volatility of the ●geopolitical risks, including the war between Russia and Ukraine, the Israel and Hamasconflict and continued hostilities in the Middle East which could each affect the stability and ●uncertainty regarding methods by which the growing demand for power generation will bemet in both the short and long term; ●consolidation amongst current or potential customers that could affect demand for our ●inflationary risks, increased interest rates, central bank policy, bank failures and associatedliquidity risks and supply chain constraints, including changes in market price and ●significant changes in the transportation industries or fluctuations in transportation costs orthe availability or reliability of transportation that service our business; ●large or multiple customer defaults, including defaults resulting from actual or potentialinsolvencies; ●epidemics or pandemics, including the effects of related public health concerns and theimpact of continued actions taken by governmental authorities and other third parties in ●technological advancements in well completion technologies and our ability to expand ourproduct and service offerings; ●competitive conditions in our industry; ●inability to fully protect our intellectual property rights;●actions taken by our customers, competitors and third-party operators; ●changes in the availability and cost of capital; ●our ability to successfully implement our business strategy;●increases in tax rates or the enactment of taxes that specifically impact exploration andproduction related operations resulting in an increase in the amount of taxes owed by us;●the effects of existing and future laws, rulings, governmental regulations and accountingstandards and statements (or the interpretation thereof) on us and our customers;●cyber-attacks targeting systems and infrastructure used by the power generation and oil andnatural gas industries;●the effects of future and pending litigation, including a federal securities lawsuit styledStephen Pirello v. Solaris Energy Infrastructure, Inc., et al.,Case No. 4:25-cv-01455, filed inthe United States District Court for the Southern District of Texas;●credit markets;●business acquisitions, including the MER Acquisition (as defined in our Annual Report onForm 10-K for the year ended December 31, 2024); ●natural or man-made disasters and other ext