ProFrac Holding Corp
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
ACDC$3.42+13.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Equity
| Class A Common Stock · AdditionalPaid-in · Accumulated · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Income | Interests | Equity | |
| Balance, December 31, 2023 | 159.4 | $1.5 | $1,225.4 | $(16.0) | $0.3 | $58.7 | $1,269.9 |
| Net income | — | — | — | 1.8 | — | 1.2 | 3.0 |
| Stock-based compensation | — | — | 1.9 | — | — | 0.2 | 2.1 |
| Tax withholding related to net share settlement of equity awards | — | — | (0.1) | — | — | — | (0.1) |
| Share issuance | 0.2 | — | — | — | — | — | — |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (1.2) | — | — | (1.2) |
| Balance, March 31, 2024 | 159.6 | $1.5 | $1,227.2 | $(15.4) | $0.3 | $60.1 | $1,273.7 |
Condensed Consolidated Statements of Changes in Equity (continued)
| Class A Common Stock · Class B Common Stock · AdditionalPaid-in · (Accumulated Deficit) Retained · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' (Deficit) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Earnings | Income | Interests | Equity | |
| Balance, December 31, 2022 | 53.9 | $0.5 | 104.2 | $1.0 | $— | $(1,185.9) | $— | $72.2 | (1,112.2) |
| Class A shares issued to acquire Producers | 0.4 | — | — | — | 6.2 | — | — | — | 6.2 |
| Class A shares issued to acquire Performance Proppants | 0.3 | — | — | — | 3.4 | — | — | — | 3.4 |
| Net income | — | — | — | — | — | 22.0 | — | (4.2) | 17.8 |
| Stock-based compensation | — | — | — | — | 0.9 | — | — | 0.1 | 1.0 |
| Stock-based compensation related to deemed contribution | — | — | — | — | 3.5 | — | — | — | 3.5 |
| Conversion of Flotek notes to equity | — | — | — | — | — | — | — | 12.7 | 12.7 |
| Foreign currency translation adjustments | — | — | — | — | — | — | 0.1 | 0.1 | 0.2 |
| Adjustment of redeemable noncontrolling interest to redemption amount | — | — | — | — | (9.2) | 1,277.4 | — | — | 1,268.2 |
| Balance, March 31, 2023 | 54.6 | $0.5 | 104.2 | $1.0 | $4.8 | $113.5 | $0.1 | $80.9 | $200.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.