Smart Sand, Inc. reported its first-quarter 2025 results, revealing total tons sold of approximately 1.1 million, a decrease from 1.464 million tons in the fourth quarter of 2024. The company recorded revenue of $65.6 million in the first quarter of 2025. Cash flow from operations stood at $8.7 million during this period. Despite the decline in tons sold from the previous quarter, Smart Sand anticipates a significant rise in sales volumes by 10% to 20% in the second quarter, driven by customer well completions in various basins and seasonal demand. The company generated $5.2 million in free cash flow and repurchased 135 thousand shares, aligning with its commitment to return value to shareholders. Additionally, Smart Sand's industrial sales marked a record-breaking quarter with a 9% sequential increase in sales volumes, despite a temporary dip in frac sand volumes. The SmartSystems business also showed progress with increased fleet utilization and a positive contribution margin. Looking ahead, the company projects an increase in capital expenditures over the next two quarters for essential maintenance and growth investments, while maintaining a focus on delivering positive free cash flow for the year.