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REVISIONS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)
12 Months Ended
Dec. 31, 2023
Prior Period Adjustment [Abstract]  
Summary of Effects of Corrections of Errors

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