v3.25.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total Target Hospitality Corp. Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock in Treasury
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid In Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Target Hospitality Corp. Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock in Treasury
Additional Paid In Capital
Accumulated Earnings
Accumulated Other Comprehensive Loss
Total Target Hospitality Corp. Stockholders' Equity
Noncontrolling Interest
Total
Beginning Balances at Dec. 31, 2022 $ (268) $ (268) $ (268) $ 10 $ (23,559) $ 139,287 $ 87,415 $ (2,574) $ 200,579 $ 200,579 $ 10 $ (23,559) $ 139,287 $ 87,683 $ (2,574) $ 200,847   $ 200,847
Beginning Balance (in shares) at Dec. 31, 2022       100,316,701             100,316,701              
Beginning Balances, Treasury (in shares) at Dec. 31, 2022         9,430,665             9,430,665            
Net income (loss)                           173,700   173,700   173,700
Stock-based compensation, net                         8,305     8,305   8,305
Stock-based compensation, net (in shares)                     870,917              
Tax withholdings related to net share settlement of equity awards                         (6,818)     (6,818)   (6,818)
Cumulative translation adjustment                             (64) (64)   (64)
Issuance of Common Stock from exercise of warrants                         209     209   209
Issuance of Common Stock from exercise of warrants (in shares)                     17,369              
Issuance of Common Stock from exercise of stock options                         1,396     1,396   1,396
Issuance of Common Stock from exercise of stock options (in shares)                     455,614              
Ending Balances at Dec. 31, 2023                     $ 10 $ (23,559) 142,379 261,115 (2,638) 377,307   377,307
Ending Balance (in shares) at Dec. 31, 2023                     101,660,601              
Ending Balances (in shares) at Dec. 31, 2023                       9,430,665            
Net income (loss)                           71,265   71,265 $ 142 71,407
Stock-based compensation, net                         6,431     6,431   6,431
Stock-based compensation, net (in shares)                     718,250              
Tax withholdings related to net share settlement of equity awards                         (2,661)     (2,661)   (2,661)
Cumulative translation adjustment                             (147) (147)   (147)
Issuance of Common Stock from exercise of warrants                         3     3   3
Issuance of Common Stock from exercise of warrants (in shares)                     1,079              
Issuance of Common Stock from exercise of stock options                         1,850     1,850   1,850
Issuance of Common Stock from exercise of stock options (in shares)                     348,389              
Distributions                                 (133) (133)
Repurchase of Common Stock as part of share repurchase program                       $ (33,745)       (33,745)   $ (33,745)
Repurchase of Common Stock as part of share repurchase program (in shares)                     (3,866,265) 3,866,265           (3,866,265)
Other                         778     778   $ 778
Other (in shares)                     90,000              
Ending Balances at Dec. 31, 2024                     $ 10 $ (57,304) 148,780 332,380 (2,785) 421,081 9 $ 421,090
Ending Balance (in shares) at Dec. 31, 2024                     98,952,054             98,952,054
Ending Balances (in shares) at Dec. 31, 2024                       13,296,930           13,296,930
Net income (loss)                           (37,121)   (37,121) 44 $ (37,077)
Stock-based compensation, net                         7,552     7,552   7,552
Stock-based compensation, net (in shares)                     845,188              
Tax withholdings related to net share settlement of equity awards                         (2,242)     (2,242)   (2,242)
Cumulative translation adjustment                             (13) (13)   (13)
Distributions                                 (250) $ (250)
Repurchase of Common Stock as part of share repurchase program (in shares)                                   0
Ending Balances at Dec. 31, 2025                     $ 10 $ (57,304) $ 154,090 $ 295,259 $ (2,798) $ 389,257 $ (197) $ 389,060
Ending Balance (in shares) at Dec. 31, 2025                     99,797,242             99,797,242
Ending Balances (in shares) at Dec. 31, 2025                       13,296,930           13,296,930