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Independence Contract Drilling, Inc. – ‘10-K’ for 12/31/23 – ‘EX-23.2’

On:  Wednesday, 2/28/24, at 5:05pm ET   ·   For:  12/31/23   ·   Accession #:  1537028-24-6   ·   File #:  1-36590

Previous ‘10-K’:  ‘10-K’ on 3/6/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   19 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/28/24  Independence Cont Drilling, Inc.  10-K       12/31/23   94:10M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.09M 
 2: EX-23.1     Consent of Expert or Counsel                        HTML     24K 
 3: EX-23.2     Consent of Expert or Counsel                        HTML     25K 
 7: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     46K 
                Awarded Compensation                                             
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     31K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     31K 
 6: EX-32.2     Certification -- §906 - SOA'02                      HTML     28K 
13: R1          Document and Entity Information                     HTML     98K 
14: R2          Consolidated Balance Sheets                         HTML    115K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     37K 
16: R4          Consolidated Statements of Operations               HTML     99K 
17: R5          Consolidated Statements of Changes in               HTML     81K 
                Stockholders' Equity                                             
18: R6          Consolidated Statements of Cash Flows               HTML    132K 
19: R7          Nature of Operations and Recent Developments        HTML     35K 
20: R8          Summary of Significant Accounting Policies          HTML     75K 
21: R9          Revenue from Contracts with Customers               HTML     85K 
22: R10         Leases                                              HTML    130K 
23: R11         Inventories                                         HTML     33K 
24: R12         Property, Plant and Equipment                       HTML     48K 
25: R13         Supplemental Consolidated Balance Sheet and Cash    HTML     78K 
                Flow Information                                                 
26: R14         Long-term Debt                                      HTML     91K 
27: R15         Income Taxes                                        HTML    105K 
28: R16         Stock-Based Compensation                            HTML    175K 
29: R17         Stockholders' Equity and Loss per Share             HTML     50K 
30: R18         Segment and Geographical Information                HTML     31K 
31: R19         Commitments and Contingencies                       HTML     30K 
32: R20         Defined Contribution Plan                           HTML     27K 
33: R21         Concentration of Market and Credit Risk             HTML     29K 
34: R22         Related Parties and Other Matters                   HTML     32K 
35: R23         Schedule II - Valuation and Qualifying Accounts     HTML     56K 
36: R24         Summary of Significant Accounting Policies          HTML    109K 
                (Policies)                                                       
37: R25         Summary of Significant Accounting Policies          HTML     52K 
                (Tables)                                                         
38: R26         Revenue from Contracts with Customers (Tables)      HTML     75K 
39: R27         Leases (Tables)                                     HTML    150K 
40: R28         Inventories (Tables)                                HTML     34K 
41: R29         Property, Plant and Equipment (Tables)              HTML     46K 
42: R30         Supplemental Consolidated Balance Sheet and Cash    HTML     81K 
                Flow Information (Tables)                                        
43: R31         Long-term Debt (Tables)                             HTML     66K 
44: R32         Income Taxes (Tables)                               HTML    103K 
45: R33         Stock-Based Compensation (Tables)                   HTML    178K 
46: R34         Stockholders' Equity and Loss per Share (Tables)    HTML     50K 
47: R35         Nature of Operations and Recent Events (Market      HTML     29K 
                Conditions) (Details)                                            
48: R36         Nature of Operations and Recent Events (Asset       HTML     45K 
                impairment) (Details)                                            
49: R37         Summary of Significant Accounting Policies          HTML     27K 
                (Accounts Receivable) (Details)                                  
50: R38         Summary of Significant Accounting Policies          HTML     44K 
                (Property, Plant and Equipment) (Details)                        
51: R39         Summary of Significant Accounting Policies -        HTML     59K 
                Financial Instruments and Fair Value (Details)                   
52: R40         Revenue from Contracts with Customers               HTML     44K 
                (Disaggregation of Revenues) (Details)                           
53: R41         Revenue from Contracts with Customers (Contract     HTML     35K 
                Balances) (Details)                                              
54: R42         Revenue from Contracts with Customers (Changes in   HTML     29K 
                Contract Liabilities) (Details)                                  
55: R43         Revenue from Contracts with Customers (Remaining    HTML     37K 
                Performance Obligation) (Details)                                
56: R44         Revenue from Contracts with Customers (Contract     HTML     31K 
                Costs) (Details)                                                 
57: R45         Leases (Narrative) (Details)                        HTML     30K 
58: R46         Leases (Lease Cost) (Details)                       HTML     57K 
59: R47         Leases (Lease Assets and Liabilities) (Details)     HTML     75K 
60: R48         Leases (Lease Maturities) (Details)                 HTML     61K 
61: R49         Inventories (Details)                               HTML     31K 
62: R50         Property, Plant and Equipment (Details)             HTML     55K 
63: R51         Supplemental Consolidated Balance Sheet and Cash    HTML     34K 
                Flow Information (Prepaid Expenses and Other                     
                Current Assets) (Details)                                        
64: R52         Supplemental Consolidated Balance Sheet and Cash    HTML     45K 
                Flow Information (Accrued Liabilities) (Details)                 
65: R53         Supplemental Consolidated Balance Sheet and Cash    HTML     46K 
                Flow Information (Supplemental Cash Flow)                        
                (Details)                                                        
66: R54         Long-term Debt (Details)                            HTML     50K 
67: R55         Long-term Debt (Future Long-term Debt Payments)     HTML     45K 
                (Details)                                                        
68: R56         Long-term Debt (Narrative) (Details)                HTML    253K 
69: R57         Income Taxes (Components of Income Tax Benefit)     HTML     44K 
                (Details)                                                        
70: R58         Income Taxes (Reconciliation of Income Tax          HTML     46K 
                Benefit) (Details)                                               
71: R59         Income Taxes (Deferred Tax Assets and Liabilities)  HTML     58K 
                (Details)                                                        
72: R60         Income Taxes (Narrative) (Details)                  HTML     34K 
73: R61         Stock-Based Compensation (Restricted Stock and      HTML    129K 
                Restricted Stock Units - Narrative) (Details)                    
74: R62         Stock-Based Compensation (Compensation Cost)        HTML     32K 
                (Details)                                                        
75: R63         Stock-Based Compensation (Restricted Stock and      HTML     63K 
                Restricted Stock Units Activity) (Details)                       
76: R64         Stock-Based Compensation (Phantom Units) (Details)  HTML     75K 
77: R65         Stock-Based Compensation (Stock-Settled SARs)       HTML    105K 
                (Details)                                                        
78: R66         Stock-Based Compensation (Cash-Settled SARs)        HTML     82K 
                (Details)                                                        
79: R67         Stockholders Equity and Earnings (Loss) per Share   HTML     31K 
                (Narrative) (Details)                                            
80: R68         Stockholders Equity and Earnings (Loss) per Share   HTML     58K 
                (Basic and Diluted Losses per Share Computations)                
                (Details)                                                        
81: R69         Stockholders Equity and Earnings (Loss) per Share   HTML     27K 
                (Anti-dilutive) (Details)                                        
82: R70         Segment and Geographical Information (Details)      HTML     27K 
83: R71         Commitments and Contingencies (Narrative)           HTML     37K 
                (Details)                                                        
84: R72         Defined Contribution Plan (Details)                 HTML     32K 
85: R73         Concentration of Market and Credit Risk (Details)   HTML     45K 
86: R74         Related Parties and Other Matters (Details)         HTML     37K 
87: R75         Schedule II - Valuation and Qualifying Accounts     HTML     37K 
                (Details)                                                        
88: R76         Pay vs Performance Disclosure                       HTML     37K 
89: R77         Insider Trading Arrangements                        HTML     31K 
91: XML         IDEA XML File -- Filing Summary                      XML    176K 
94: XML         XBRL Instance -- icd-20231231x10k_htm                XML   2.37M 
90: EXCEL       IDEA Workbook of Financial Report Info              XLSX    177K 
 9: EX-101.CAL  XBRL Calculations -- icd-20231231_cal                XML    218K 
10: EX-101.DEF  XBRL Definitions -- icd-20231231_def                 XML    678K 
11: EX-101.LAB  XBRL Labels -- icd-20231231_lab                      XML   1.58M 
12: EX-101.PRE  XBRL Presentations -- icd-20231231_pre               XML   1.12M 
 8: EX-101.SCH  XBRL Schema -- icd-20231231                          XSD    214K 
92: JSON        XBRL Instance as JSON Data -- MetaLinks              579±   882K 
93: ZIP         XBRL Zipped Folder -- 0001537028-24-000006-xbrl      Zip    445K 


‘EX-23.2’   —   Consent of Expert or Counsel


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Independence Contract Drilling, Inc.

Houston, Texas

We hereby consent to the incorporation by reference in the Registration Statements on Form S-3 (Nos. 333-264286, 333-25834, 333-227754, 333-227185, 333-206715) and Form S-8 (Nos. 333-265491, 333-237262, 333-213672, and 333-198122) of Independence Contract Drilling, Inc. of our report dated March 6, 2023, relating to the consolidated financial statements and financial statement schedule, which appears in this Form 10-K.

/s/ BDO USA, P.C.

Houston, Texas

February 28, 2024



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/28/248-K
For Period end:12/31/234
3/6/2310-K
 List all Filings 


19 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/28/24  Independence Cont Drilling, Inc.  8-K:1,2,5,9 2/27/24   12:798K                                   Toppan Merrill Bridge/FA
 5/09/23  Independence Cont Drilling, Inc.  10-Q        3/31/23   77:7.2M
 3/02/23  Independence Cont Drilling, Inc.  8-K:5,9     2/28/23   11:481K
 2/27/23  Independence Cont Drilling, Inc.  8-K:1,9     2/24/23   11:194K
 9/26/22  Independence Cont Drilling, Inc.  8-K:1,9     9/22/22   11:53M
 7/27/22  Independence Cont Drilling, Inc.  8-K:1,9     7/21/22   11:204K
 6/08/22  Independence Cont Drilling, Inc.  8-K:3,5,9   6/08/22   12:230K                                   Toppan Merrill Bridge/FA
 3/24/22  Independence Cont Drilling, Inc.  8-K:1,9     3/18/22   14:2.1M
 3/21/22  Independence Cont Drilling, Inc.  8-K:1,3,5,7 3/18/22   26:12M                                    Toppan Merrill/FA
 3/15/22  Independence Cont Drilling, Inc.  10-K       12/31/21   95:10M
 5/04/21  Independence Cont Drilling, Inc.  10-Q        3/31/21   71:16M
 5/20/20  Independence Cont Drilling, Inc.  8-K:5,9     5/15/20    2:5.2M
 3/11/20  Independence Cont Drilling, Inc.  8-K:5,8,9   3/11/20    3:952K
 3/02/20  Independence Cont Drilling, Inc.  10-K       12/31/19   99:9.1M
 2/13/20  Independence Cont Drilling, Inc.  8-K:5,9     2/10/20    5:12M
 3/05/19  Independence Cont Drilling, Inc.  8-K:1,5,9   2/27/19    7:30M
10/02/18  Independence Cont Drilling, Inc.  8-K:1,2,3,510/01/18    5:1.6M                                   Donnelley … Solutions/FA
 8/13/14  Independence Cont Drilling, Inc.  8-K:1,5,8,9 8/07/14    4:352K                                   Donnelley … Solutions/FA
 7/18/14  Independence Cont Drilling, Inc.  S-1/A                 24:15M                                    Donnelley … Solutions/FA
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Filing Submission 0001537028-24-000006   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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