| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenue | ||||||
514,757 | 648,847 | 466,487 | - | |||
Costs and expenses: | ||||||
Depreciation and amortization | ||||||
154,149 | 108,440 | 92,430 | - | |||
Selling, general and administrative expenses | ||||||
31,856 | 34,497 | 17,601 | - | |||
Impairment of long-lived assets | ||||||
- | - | 20,247 | - | |||
Loss on disposal of assets | ||||||
-20,065 | -10,848 | -11,958 | - | |||
Loss from operations | ||||||
-75,270 | -37,969 | -69,874 | - | |||
Interest expense, net | ||||||
-30,099 | -32,636 | -22,961 | - | |||
Loss on extinguishment of debt | ||||||
-12,558 | -190 | - | - | |||
Other income | ||||||
1,768 | 333 | -787 | - | |||
Loss before income taxes | ||||||
-116,159 | -70,462 | -93,622 | - | |||
Income tax expense (benefit) | ||||||
-77 | 352 | 0 | - | |||
Net loss | ||||||
-116,082 | -70,814 | -93,622 | - | |||
Net loss attributable to noncontrolling interest | ||||||
-22,169 | -4,918 | - | - | |||
Net loss attributable to U.S. Well Services, Inc. | ||||||
-93,913 | -65,896 | -93,622 | - | |||
Dividends accrued on Series A preferred stock | ||||||
4,050 | - | - | - | |||
Deemed and imputed dividends on Series A preferred stock | ||||||
11,206 | - | - | - | |||
Net loss attributable to U.S. Well Services, Inc. common stockholders | ||||||
-109,169 | -65,896 | -93,622 | - | |||
Loss per common share (See Note 12): | ||||||
Basic and diluted | ||||||
-2.11 | -1.33 | -1.89 | - | |||
Weighted average common shares outstanding: | ||||||
Basic and diluted | ||||||
50,244 | 47,899 | 47,940 | - | |||
Predecessor [Member] | ||||||
Revenue | ||||||
- | - | - | 294,755 | |||
Cost of services (excluding depreciation and amortization) | ||||||
- | - | - | 262,311 | |||
Depreciation and amortization | ||||||
- | - | - | 66,084 | |||
Selling, general and administrative expenses | ||||||
- | - | - | 9,837 | |||
Loss on disposal of assets | ||||||
- | - | - | -6,560 | |||
Loss from operations | ||||||
- | - | - | -50,037 | |||
Interest expense, net | ||||||
- | - | - | -45,376 | |||
Other income (expense) | ||||||
- | - | - | 9 | |||
Loss before income taxes | ||||||
- | - | - | -95,404 | |||
Income tax expense | ||||||
- | - | - | 0 | |||
Net loss | ||||||
- | - | - | -95,404 | |||
Net loss attributable to U.S. Well Services, Inc. | ||||||
- | - | - | -95,404 | |||
Basic and diluted | ||||||
- | - | - | -1.93 | |||
Basic and diluted | ||||||
- | - | - | 47,940 | |||
Service [Member] | ||||||
Cost of services (excluding depreciation and amortization) | ||||||
383,957 | 533,031 | 394,125 | - | |||