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Contract Assets (Tables)
 6 Months Ended
Jun. 30, 2022
Revenue Recognition [Abstract]  
Schedule of outstanding contract assets
Contract assets are as follows (in thousands):
June 30, 2022December 31, 2021
Contract assets83,060 — 
Less accumulated amortization(737)— 
Contract assets, (net)$82,323 $— 
The below table reflects our estimated amortization per year (in thousands) based on our current forecasted revenues from the ProFrac Agreements.
Years ending December 31,Amortization
2022 (excluding the six months ended June 30, 2022)$2,655 
20237,922 
20248,696 
20258,696 
20268,696 
Thereafter through May 203245,658 
Total contract assets$82,323