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REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Dec. 31, 2023
Prior Period Adjustment [Abstract] |  |
Summary of Effects of Corrections of Errors | The Company evaluated the errors described above (and quantified in the table below), both qualitatively and quantitatively , in accordance with Securities and Exchange Commission (“SEC”) Staff Accounting Bulletin (“SAB”) Topic 1.M, Materiality, codified in ASC 250, Accounting Changes and Error Corrections, and concluded that the errors were not material to the previously issued financial statements taken as a whole. The unaudited consolidated financial statements presented herein as of and for the three months ended March 31, 2023 have been revised to correct the errors described above in accordance with SEC SAB Topic 1.M, as codified in ASC 250.
|  | For the three months ended March 31, 2023 |
Unaudited Condensed Consolidated Statement of Cash Flows |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Non-cash lease expense |  | $ | (220 | ) |  | $ | 1,360 |  |  | $ | 1,140 |
Provision for excess and obsolete inventory |  |  | — |  |  |  | 17 |  |  |  | 17 |
Provision for excess and obsolete property and equipment |  |  | — |  |  |  | 117 |  |  |  | 117 |
Inventories, net |  |  | (1,442 | ) |  |  | 1,558 |  |  |  | 116 |
Operating lease liabilities |  |  | 274 |  |  |  | (1,360 | ) |  |  | (1,086 | )
Accounts payable |  |  | 5,765 |  |  |  | (2,557 | ) |  |  | 3,208 |
Accrued Expenses |  |  | 207 |  |  |  | (3,387 | ) |  |  | (3,180 | )
Purchase of property, plant and equipment |  |  | (10,815 | ) |  |  | 3,748 |  |  |  | (7,067 | )
Proceeds from sale of lost-in-hole equipment |  |  | 5,315 |  |  |  | 504 |  |  |  | 5,819 |
ROU assets obtained in exchange for lease liabilities |  |  | 2,516 |  |  |  | (1,156 | ) |  |  | 1,360 |
Purchases of inventory included in accounts payable and accrued expenses and other current liabilities |  |  | — |  |  |  | 1,575 |  |  |  | 1,575 |
Purchases of property and equipment included in accounts payable and accrued expenses and other current liabilities |  |  | — |  |  |  | 4,369 |  |  |  | 4,369 |
| The following table presents (in thousands) the effects of the corrections of the errors described above:
|  | For the year ended December 31, 2022 |
Consolidated Statement of Cash Flows |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Non-cash lease expense |  | $ | (3,768 | ) |  | $ | 7,907 |  |  | $ | 4,139 |
Provision for excess and obsolete inventory |  |  | — |  |  |  | 45 |  |  |  | 45 |
Provision for excess and obsolete property and equipment |  |  | — |  |  |  | 510 |  |  |  | 510 |
Inventories, net |  |  | (940 | ) |  |  | 34 |  |  |  | (906 | )
Operating lease liabilities |  |  | 3,733 |  |  |  | (7,907 | ) |  |  | (4,174 | )
Accounts payable |  |  | (981 | ) |  |  | (451 | ) |  |  | (1,432 | )
Purchase of property, plant and equipment |  |  | (23,753 | ) |  |  | (935 | ) |  |  | (24,688 | )
Proceeds from sale of lost-in-hole equipment |  |  | 20,319 |  |  |  | 797 |  |  |  | 21,116 |
ROU assets obtained in exchange for lease liabilities |  |  | 9,451 |  |  |  | (1,544 | ) |  |  | 7,907 |
Purchases of inventory included in accounts payable and accrued expenses and other current liabilities |  |  | — |  |  |  | 79 |  |  |  | 79 |
Purchases of property and equipment included in accounts payable and accrued expenses and other current liabilities |  |  | — |  |  |  | 372 |  |  |  | 372 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-7 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9 + Details
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