v3.26.1
Consolidated Statement of Equity - USD ($)
$ in Thousands
Total
Common Stock Par Value
Additional Paid-In Capital
Treasury Stock
Currency Translation
Unrealized Gain (Loss) on Investment
Retained Deficit
Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2024 $ 253,307 $ 1,350 $ 492,722 $ (19,957) $ (52,957) $ 1,835 $ (168,425) $ (1,261)
Net income 4,049           4,049  
Reclassification of non-cash cumulative foreign currency translation adjustment loss to net income from dissolution of Canadian subsidiary 9,516       9,516      
Translation adjustment, net of taxes 3,876       3,876      
Other comprehensive income (loss) 281         281    
Comprehensive income attributable to TETRA stockholders 17,722              
Equity-based compensation 1,860   1,860          
Other (1,146) 12 (1,158)          
Balance at end of period at Mar. 31, 2025 271,743 1,362 493,424 (19,957) (39,565) 2,116 (164,376) (1,261)
Balance at beginning of period at Dec. 31, 2024 253,307 1,350 492,722 (19,957) (52,957) 1,835 (168,425) (1,261)
Net income 15,354              
Reclassification of non-cash cumulative foreign currency translation adjustment loss to net income from dissolution of Canadian subsidiary 9,516              
Translation adjustment, net of taxes 9,189              
Other comprehensive income (loss) (135)              
Comprehensive income attributable to TETRA stockholders 33,924              
Balance at end of period at Jun. 30, 2025 289,618 1,364 495,095 (19,957) (34,252) 1,700 (153,071) (1,261)
Balance at beginning of period at Mar. 31, 2025 271,743 1,362 493,424 (19,957) (39,565) 2,116 (164,376) (1,261)
Net income 11,305           11,305  
Reclassification of non-cash cumulative foreign currency translation adjustment loss to net income from dissolution of Canadian subsidiary 0              
Translation adjustment, net of taxes 5,313       5,313      
Other comprehensive income (loss) (416)         (416)    
Comprehensive income 16,202              
Comprehensive income attributable to TETRA stockholders 16,202              
Equity-based compensation 1,747   1,747          
Other (74) 2 (76)          
Balance at end of period at Jun. 30, 2025 289,618 1,364 495,095 (19,957) (34,252) 1,700 (153,071) (1,261)
Balance at beginning of period at Dec. 31, 2025 282,487 1,373 500,436 (19,957) (34,850) 2,173 (165,420) (1,268)
Net income 8,319           8,319  
Translation adjustment, net of taxes (633)       (633)      
Other comprehensive income (loss) (779)         (779)    
Comprehensive income attributable to TETRA stockholders 6,907              
Equity-based compensation 1,778   1,778          
Exercise of stock options 371 1 370          
Vesting of restricted stock (5,928) 10 (5,938)          
Balance at end of period at Mar. 31, 2026 285,615 1,384 496,646 (19,957) (35,483) 1,394 (157,101) (1,268)
Balance at beginning of period at Dec. 31, 2025 282,487 1,373 500,436 (19,957) (34,850) 2,173 (165,420) (1,268)
Net income 18,556              
Reclassification of non-cash cumulative foreign currency translation adjustment loss to net income from dissolution of Canadian subsidiary 0              
Translation adjustment, net of taxes (442)              
Other comprehensive income (loss) (967)              
Comprehensive income attributable to TETRA stockholders 17,147              
Balance at end of period at Jun. 30, 2026 406,527 1,512 607,190 (19,957) (35,292) 1,206 (146,864) (1,268)
Balance at beginning of period at Mar. 31, 2026 285,615 1,384 496,646 (19,957) (35,483) 1,394 (157,101) (1,268)
Net income 10,237           10,237  
Reclassification of non-cash cumulative foreign currency translation adjustment loss to net income from dissolution of Canadian subsidiary 0              
Translation adjustment, net of taxes 191       191      
Other comprehensive income (loss) (188)         (188)    
Comprehensive income 10,240              
Comprehensive income attributable to TETRA stockholders 10,240              
Equity-based compensation 1,924   1,924          
Exercise of stock options 822 1 821          
Vesting of restricted stock (238) 3 (241)          
Public offering, net of offering costs 108,164 124 108,040          
Balance at end of period at Jun. 30, 2026 $ 406,527 $ 1,512 $ 607,190 $ (19,957) $ (35,292) $ 1,206 $ (146,864) $ (1,268)