Atlas Energy Solutions Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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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.
Sep 30, 2026 · Filed Nov 3, 2026
AESI$5.36-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities: | ||
| Net loss | $(117,475) | $(28,060) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation, depletion and accretion expense | 144,085 | 122,029 |
| Amortization expense of acquired intangible assets | 19,252 | 17,133 |
| Amortization of debt discount | 4,076 | 3,931 |
| Amortization of deferred financing costs | 2,882 | 301 |
| Stock-based compensation | 25,876 | 24,152 |
| Gain on sales of power equipment | (3,647) | — |
| Loss on early payoff of lease financing | 6,783 | — |
| Deferred income tax | (31,613) | (10,830) |
| Credit loss expense | 17 | 4,207 |
| Other | 1,665 | (104) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (36,713) | (11,950) |
| Accounts receivable - related party | 73 | — |
| Inventories | 2,795 | 5,450 |
| Spare part inventories | (3,376) | (10,693) |
| Prepaid expenses and other current assets | (18,379) | (2,998) |
| Other long-term assets | (2,122) | 203 |
| Accounts payable | 32,468 | (5,709) |
| Accounts payable - related parties | 7 | (204) |
| Deferred revenue | 2,055 | (5,679) |
| Lease incentive receipts | 2,069 | — |
| Accrued liabilities and other liabilities | 11,071 | 12,460 |
| Net cash provided by operating activities | 41,849 | 113,639 |
| Investing activities: | ||
| Purchases of property, plant and equipment | (367,769) | (126,463) |
| Proceeds from sales of power equipment | 9,174 | — |
| Proceeds from insurance recovery | 3,326 | 5,398 |
| Acquisitions, net of cash acquired | — | (204,169) |
| Net cash used in investing activities | (355,269) | (325,234) |
| Financing Activities: | ||
| Proceeds from issuance of convertible senior notes | 436,500 | — |
| Purchase of capped calls related to convertible senior notes | (49,725) | — |
| Proceeds from ABL credit facility | 55,000 | 25,000 |
| Principal payments on term loan borrowings | (17,264) | (14,202) |
| Payment on Deferred Cash Consideration Note | (11,085) | (101,252) |
| Payment on ABL credit facility | (75,000) | (70,000) |
| Payments under finance leases | (8,363) | (2,632) |
| Repayment of equipment finance notes | (26,963) | (3,671) |
| Issuance costs associated with debt financing | (1,075) | (146) |
| Premium on early payoff of lease financing | (4,887) | — |
| Taxes withheld on vesting equity awards | (2,028) | (1,251) |
| Proceeds from equity offering, net of issuance costs | — | 253,070 |
| Proceeds from term loan borrowings | — | 188,805 |
| Dividends | — | (92,281) |
| Repurchases of Common Stock under share repurchase program | — | (200) |
| Net cash provided by financing activities | 295,110 | 181,240 |
| Net decrease in cash and cash equivalents | (18,310) | (30,355) |
| Cash and cash equivalents, beginning of period | 40,632 | 71,704 |
| Cash and cash equivalents, end of period | $22,322 | $41,349 |
| Supplemental cash flow information | ||
| Cash paid during the period for: | ||
| Interest | $48,154 | $38,930 |
| Taxes (refund) | $(2,474) | $1,745 |
| Supplemental disclosure of non-cash investing activities: | ||
| Property, plant and equipment in accounts payable and accrued liabilities | $5,152 | $10,867 |
| Acquisition consideration, equity issuance | $— | $33,904 |
| Contingent consideration issued for PropFlow Acquisition | $— | $10,200 |
| Equipment assets acquired through debt | $41,154 | $17,117 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.