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Debt
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Debt Debt
The current portion of long-term debt consists of the following:
 September 30, 2021December 31, 2020
Oakdale Equipment Financing$3,760 $3,600 
Finance leases120 123 
Notes Payable3,401 3,178 
Long-term debt, net, current$7,281 $6,901 

Long-term debt, net of current portion consists of the following:
 September 30, 2021December 31, 2020
ABL Credit Facility$— $— 
Oakdale Equipment Financing, net12,536 15,236 
Finance Leases263 351 
Notes Payable4,175 6,858 
Long-term debt, net$16,974 $22,445 
The follow summarizes the maturity of our debt:
ABL Credit FacilityOakdale Equipment FinancingNotes PayableFinance LeasesTotal
Remainder of 2021$— $1,160 $1,056 $38 $2,254 
2022— 4,638 3,387 137 8,162 
2023— 4,638 2,371 245 7,254 
2024— 6,888 807 — 7,695 
2025— 1,724 187 — 1,911 
2026 and thereafter— — 355 — 355 
Total minimum payments— 19,048 8,163 420 27,631 
Amount representing interest— (2,158)(587)(37)(2,782)
Amount representing unamortized lender fees— (594)— (594)
Present value of payments383 
Less: current portion— (3,760)(3,401)(120)(7,281)
Total long-term debt, net$— $12,536 $4,175 $263 $16,974 

ABL Credit Facility
On December 13, 2019, the Company entered into a $20,000 five-year senior secured asset-based credit facility with Jefferies Finance LLC. The available borrowing amount under the ABL Credit Facility as of September 30, 2021 was $17,764 and is based on the Company’s eligible accounts receivable and inventory, as described in the ABL Credit Agreement. As of September 30, 2021, there were no amounts outstanding under the ABL Credit Facility, $1,232 letters of credit and $16,532 was available to be drawn. As of September 30, 2021 and December 31, 2020, the Company was in compliance with all financial covenants.
Oakdale Equipment Financing
On December 13, 2019, the Company received net proceeds of $23,000 in an equipment financing arrangement with Nexseer. Substantially all of the Company’s mining and processing equipment at its Oakdale facility are pledged as collateral under the Oakdale Equipment Financing. The Oakdale Equipment Financing bears interest at a fixed rate of 5.79%.
Notes Payable
The Company has entered into various financing arrangements, primarily to finance its manufactured wellsite proppant storage solutions equipment. Upon completion of the equipment manufacturing, title to the subject equipment passes to the financial institutions as collateral. In June 2020, the Company executed a note payable to defer certain near-term minimum royalty payments. All notes payable bear interest at rates between 4.00% and 7.49%.
Acquisition Liquidity Support Facility
In connection with the Company’s acquisition of Eagle Proppants Holdings, the Company, as borrower, also entered into a Loan Agreement with Eagle, as lender, secured by certain property rights and assets of the acquired business, whereby the Company may draw loans in an aggregate amount up to $5,000 during the twelve month period ending September 18, 2021. This facility was terminated on September 20, 2021 and there were no borrowings under this facility