Mammoth Energy Services Inc. reported total revenue from continuing operations of $14.8 million for the third quarter of 2025, compared to $17.1 million in the third quarter of 2024 and $16.4 million in the second quarter of 2025. The company reported a net loss from continuing operations of $12.1 million for the third quarter of 2025. As of September 30, 2025, Mammoth closed the quarter with approximately $153.4 million in total liquidity and no debt. As of October 29, 2025, the company reported $44.1 million of available borrowing capacity under its revolving credit facility and total liquidity of $166.7 million. During the third quarter, Mammoth completed the divestiture of its Piranha assets within the Sand segment and continued to allocate capital to its aviation platform. Capital expenditures from continuing operations for the third quarter of 2025 included $17.2 million for rental services, $0.02 million for infrastructure services, and $0.1 million for accommodation services. There were no capital expenditures reported for natural sand proppant services in the same period.