Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total Revenue $ 70,969 $ 46,189
Cost of Revenue    
Direct Operating Costs 26,671 20,754
Depreciation, Amortization and Accretion 16,579 14,957
Total Cost of Revenue 43,250 35,711
Operating Costs and Expenses    
General and Administrative 10,730 4,695
Impairment of Long-Lived Assets 15,597  
Loss on Asset Disposal and Other 1,064 317
Total Operating Expenses 27,391 5,012
Operating Income 328 5,466
Interest Expense, Net 7,785 2,651
(Loss) Income Before Income Taxes (7,457) 2,815
Income Tax Benefit (840)  
Net (Loss) Income (6,617) 2,815
Equity Accretion and Dividend-Redeemable Preferred Units   7
Net (Loss) Income Attributable to Stockholders'/Members' Equity (6,617) 2,822
Net Loss Attributable to Noncontrolling Interest (4,395)  
Net Loss Attributable to Aris Water Solutions, Inc. $ (2,222)  
Net Loss Per Share of Class A Common Stock - Basic $ (0.11)  
Net Loss Per Share of Class A Common Stock - Diluted $ (0.11)  
Weighted Average Shares of Class A Common Stock Outstanding - Basic 21,852,966  
Weighted Average Shares of Class A Common Stock Outstanding - Diluted 21,852,966  
Produced Water Handling    
Revenue    
Total Revenue $ 35,100 21,651
Produced Water Handling-Affiliates    
Revenue    
Total Revenue 21,081 18,086
Water Solutions    
Revenue    
Total Revenue 11,644 1,943
Water Solutions-Affiliates    
Revenue    
Total Revenue $ 3,144 $ 4,509