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v3.23.2

Related Party Transactions (Details) |  |  | 3 Months Ended | 6 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Feb. 02, 2023 USD ($) shares | Mar. 21, 2022 USD ($) shares | Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Mar. 31, 2023 USD ($) | Feb. 01, 2023 fleet | Dec. 31, 2022 USD ($) | May 17, 2022 USD ($) | Feb. 02, 2022 USD ($)
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Convertible notes payable |  |  | $ 0 |  | $ 0 |  |  |  | $ 19,799,000 |  |
Amortization of contract into revenue |  |  | 1,100,000 | $ 700,000 | 2,400,000 | $ 700,000 |  |  |  |  |
Debt converted instrument, face amount |  |  |  |  | 40,638,000 | 0 |  |  |  |  |
Amortization of convertible note issuance cost |  |  |  |  | 83,000 | 414,000 |  |  |  |  |
Convertible Debt | ProFrac Agreement Contract |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  |  |  |  |  |  |  |  | $ 10,000,000
Convertible debt, fair value disclosures | $ 15,100,000 |  |  |  |  |  |  |  |  |  |
Convertible Notes Payable |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Conversion of notes to common stock (shares) | shares |  | 2,793,030 |  |  |  |  |  |  |  |  |
Debt converted instrument, face amount |  | $ 3,000,000 |  |  |  |  |  |  |  |  |
Debt converted, accrued interest |  | $ 39,000 |  |  |  |  |  |  |  |  |
Related Party |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  |  | 32,774,000 | 16,549,000 | 69,130,000 | 19,046,000 |  |  |  |  |
Amortization of contract into revenue |  |  | 1,100,000 | 700,000 | 2,400,000 | 700,000 |  |  |  |  |
Accounts receivable net |  |  | 23,033,000 |  | 23,033,000 |  |  |  | 22,683,000 |  |
Related Party | ProFrac Agreement Contract |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Increase in number of active hydraulic fleets | fleet |  |  |  |  |  |  |  | 30 |  |  |
Related Party | Convertible Debt | ProFrac Agreement Contract |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Convertible notes payable | 11,000,000 |  |  |  |  |  |  |  |  |  |
Paid-in-kind interest expense | $ 1,000,000 |  |  |  |  |  |  |  |  |  |
Conversion of notes to common stock (shares) | shares | 12,683,280 |  |  |  |  |  |  |  |  |  |
Convertible debt, fair value disclosures | $ 15,100,000 |  |  |  |  |  |  |  |  |  |
Related Party | Convertible Notes Payable |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Conversion of notes to common stock (shares) | shares |  | 2,793,030 |  |  |  |  |  |  |  |  |
Debt converted instrument, face amount |  | $ 3,000,000 |  |  |  |  |  |  |  |  |
Debt converted, accrued interest |  | 39,000 |  |  |  |  |  |  |  |  |
Amortization of convertible note issuance cost |  | $ 90,000 |  |  |  |  |  |  |  |  |
Related Party | ProFrac Services, LLC |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  |  | 32,800,000 | 16,500,000 | 69,100,000 | 18,900,000 |  |  |  |  |
Cost of sales for related parties |  |  | $ 30,200,000 | 17,800,000 | $ 65,100,000 | 19,000,000 |  |  |  |  |
Accounts receivable net |  |  |  | 23,000,000 |  | 23,000,000 |  |  | $ 22,700,000 |  |
Related Party | PIPE Transaction | Convertible Debt |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  |  |  |  |  |  |  |  | $ 10,000,000
Fleet purchase commitment percentage |  |  |  |  |  |  |  |  |  |  | 33.00%
Conditional revenue shortfall rate (percent) |  |  |  |  |  |  |  |  |  |  | 25.00%
Related Party | Amended ProFrac Agreement | Convertible Debt |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  |  |  |  |  |  |  | $ 50,000,000 |
Fleet purchase commitment percentage |  |  |  |  |  |  |  |  |  | 70.00% |
Related Party | ProFrac Holdings | February 2023 Warrants |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Conversion of notes to common stock (shares) | shares | 12,683,281 |  |  |  |  |  |  |  |  |  |
Director | Affiliated Entity | Confluence |  |  |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |  |  |
Cumulative Revenue From Related Party |  |  |  |  |  |  | $ 1,400,000 |  |  |  |
Cumulative Cost Of Sales From Related Party |  |  |  | $ 1,400,000 |  | $ 1,400,000 |  |  |  |  |

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