Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Total Revenue $ 321,001 $ 229,251 $ 171,472
Cost of Revenue      
Direct Operating Costs 139,480 90,914 95,431
Depreciation, Amortization and Accretion 67,524 60,767 44,027
Total Cost of Revenue 207,004 151,681 139,458
Operating Costs and Expenses      
Abandoned Well Costs 15,771 28,505  
General and Administrative 45,220 27,266 18,663
Impairment of Long-Lived Assets 15,597    
Research and Development Expense 691    
Other Operating Expense 2,212 2,657 5,647
Total Operating Expenses 79,491 58,428 24,310
Operating Income 34,506 19,142 7,704
Other Expense      
Interest Expense, Net 29,185 25,473 7,674
Other   380  
Total Other Expense 29,185 25,853 7,674
Income (Loss) Before Income Taxes 5,321 (6,711) 30
Income Tax Expense 524 298 23
Net Income (Loss) 4,797 (7,009) 7
Equity Accretion and Dividend-Redeemable Preferred Units   21 (4,335)
Net Income (Loss)-Stockholders'/Members' Equity 4,797 (6,988) (4,328)
Net (Loss), Equity Accretion and Dividend Prior to IPO   (10,309)  
Net Income Attributable to Noncontrolling Interests 3,097 2,209  
Net Income Attributable to Aris Water Solutions, Inc. $ 1,700 $ 1,112  
Net Income Per Share of Class A Common Stock - Basic $ 0.04 $ 0.05  
Net Income Per Share of Class A Common Stock - Diluted $ 0.04 $ 0.05  
Weighted Average Shares of Class A Common Stock Outstanding - Basic 24,070,934 20,888,675  
Weighted Average Shares of Class A Common Stock Outstanding - Diluted 24,146,215 20,888,675  
Produced Water Handling      
Revenue      
Total Revenue $ 151,360 $ 98,486 90,163
Produced Water Handling-Affiliates      
Revenue      
Total Revenue 93,107 86,598 51,496
Water Solutions      
Revenue      
Total Revenue 60,672 25,121 14,802
Water Solutions-Affiliates      
Revenue      
Total Revenue 15,156 $ 19,046 $ 15,011
Other Revenue      
Revenue      
Total Revenue $ 706