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Debt | 3 Months Ended
--- | ---
Mar. 31, 2022
Debt Disclosure [Abstract] |
Debt | Debt The current portion of long-term debt consists of the following:
| March 31, 2022 |  | December 31, 2021
Oakdale Equipment Financing | $ | 3,870 |  |  | $ | 3,814 |
Finance leases | 114 |  |  | 117 |
Notes Payable | 3,187 |  |  | 3,196 |
Long-term debt, net, current | $ | 7,171 |  |  | $ | 7,127 |
Long-term debt, net of current portion consists of the following:
| March 31, 2022 |  | December 31, 2021
ABL Credit Facility | $ | — |  |  | $ | — |
Oakdale Equipment Financing, net | 10,665 |  |  | 11,608 |
Finance Leases | 205 |  |  | 234 |
Notes Payable | 2,388 |  |  | 3,511 |
Long-term debt, net | $ | 13,258 |  |  | $ | 15,353 |
The follow summarizes the maturity of our debt:
| ABL Credit Facility |  | Oakdale Equipment Financing |  | Notes Payable |  | Finance Leases |  | Total
Remainder of 2022 | $ | — |  |  | $ | 3,479 |  |  | $ | 2,525 |  |  | $ | 98 |  |  | $ | 6,102 |
2023 | — |  |  | 4,639 |  |  | 2,073 |  |  | 245 |  |  | 6,957 |
2024 | — |  |  | 6,888 |  |  | 807 |  |  | — |  |  | 7,695 |
2025 | — |  |  | 1,724 |  |  | 187 |  |  | — |  |  | 1,911 |
2026 | — |  |  | — |  |  | 181 |  |  | — |  |  | 181 |
2027 and thereafter | — |  |  | — |  |  | 175 |  |  | — |  |  | 175 |
Total minimum payments | — |  |  | 16,730 |  |  | 5,948 |  |  | 343 |  |  | 23,021 |
Amount representing interest | — |  |  | (1,694) |  |  | (373) |  |  | (24) |  |  | (2,091) |
Amount representing unamortized lender fees | — |  |  | (501) |  |  |  |  | — |  |  | (501) |
Present value of payments |  |  |  |  |  |  | 319 |  |  |
Less: current portion | — |  |  | (3,870) |  |  | (3,187) |  |  | (114) |  |  | (7,171) |
Total long-term debt, net | $ | — |  |  | $ | 10,665 |  |  | $ | 2,388 |  |  | $ | 205 |  |  | $ | 13,258 |
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 March 31, 2022 was $17,861 and is based on the Company’s eligible accounts receivable and inventory, as described in the ABL Credit Agreement. As of March 31, 2022, there were no amounts outstanding under the ABL Credit Facility, $1,000 letters of credit and $16,861 was available to be drawn. As of March 31, 2022 and December 31, 2021, 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. All notes payable bear interest at rates between 4.00% and 7.49%.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(c)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1E -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 + Details
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