v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total Drilling Tools International Shareholders' Equity
Non-controlling Interest
Beginning balance at Dec. 31, 2023 $ 88,690 $ 3   $ 95,218 $ (6,306) $ (225) $ 88,690  
Beginning balance, shares at Dec. 31, 2023   29,768,568            
Stock-based compensation 1,647     1,647     1,647  
Shares issued due to vesting of restricted stock units 443     443     443  
Shares issued due to vesting of restricted stock units, shares   74,440            
Exercise of stock options (35)     255 (290)   (35)  
Exercise of stock options, shares   16,556            
Issuance of Common Stock related to business combination 27,714     27,714     27,714  
Issuance of Common Stock related to business combination, shares   4,845,132            
Accelerated vesting of substitute stock options 138     138     138  
Foreign currency translation adjustment, net of tax (1,652)         (1,652) (1,652)  
Net Income (Loss) 3,014       3,014   3,014  
Ending balance at Dec. 31, 2024 $ 119,959 $ 3   125,415 (3,582) (1,877) 119,959  
Ending balance, shares at Dec. 31, 2024   34,704,696            
Ending balance, shares at Dec. 31, 2024 0              
Stock-based compensation $ 2,478     2,478     2,478  
Shares issued due to vesting of restricted stock units, shares   68,560            
Forfeiture of restricted stock units (14)     (14)     (14)  
Issuance of Common Stock related to business combination 2,923 $ 1   2,922     2,923  
Issuance of Common Stock related to business combination, shares   888,041            
Purchase of treasury stock (1,265)   $ (1,265)       (1,265)  
Purchase of treasury stock, shares     505,169          
Initial recognition of noncontrolling interest 12             $ 12
Foreign currency translation adjustment, net of tax 2,541         2,541 2,541  
Net Income (Loss) (3,761)       (3,761)   (3,761)  
Ending balance at Dec. 31, 2025 $ 122,873 $ 4 $ (1,265) $ 130,801 $ (7,343) $ 664 $ 122,861 $ 12
Ending balance, shares at Dec. 31, 2025   35,661,297            
Ending balance, shares at Dec. 31, 2025 505,169   505,169