 HOUSTON, May 17, 2021 PRNewswire -- U.S. Well Services, Inc. the Company, U.S. Well Services or we NASDAQ: USWS today reported first quarter 2021 financial and operational results. First Quarter 2021 Highlights Averaged 8.8 fully-utilized fleets compared to 5.3 fully-utilized fleets during the fourth quarter of 2020 Total revenue of 76.3 million compared to 48.1 million in the fourth quarter of 2020 Net loss attributable to the Company of 20.6 million compared to net loss of 29.9 million in the fourth quarter of 2020 Adjusted EBITDA1 of 11.5 million compared to 1.8 million in the fourth quarter of 2020 Reported annualized Adjusted EBITDA per fully-utilized fleet of 5.2 million compared to 1.4 million for the fourth quarter of 20202 Financial results were impacted by approximately 7 days of lost work due to the severe and abnormal winter storm impacting Texas in February, resulting in an estimated 5.0 - 5.5 million of lost revenue during that time period Total liquidity, consisting of cash and availability under the Companys asset-backed revolving credit facility, was 32.3 million as of March 31, 2021 1 Each of Adjusted EBITDA and Adjusted EBITDA margin is a Non-GAAP financial measure. 