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Midas Edge

TEAM INC

For the period ended Jun 30, 2025. Filed Aug 12, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 12, 2025

TISI$21.41+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

INDEX

Page No.
PART I—FINANCIAL INFORMATION1
ITEM 1.Financial Statements2
Condensed Consolidated Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 20242
Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 and 20243
Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months Ended June 30, 2025 and 20244
Unaudited Condensed Consolidated Statements of Shareholders’ Equity (Deficit) for the Three and Six Months Ended June 30, 2025 and 20245
Unaudited Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025 and 20246
Notes to Unaudited Condensed Consolidated Financial Statements7
ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations22
ITEM 3.Quantitative and Qualitative Disclosures About Market Risk33
ITEM 4.Controls and Procedures33
PART II—OTHER INFORMATION34
ITEM 1.Legal Proceedings34
ITEM 1A.Risk Factors34
ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds34
ITEM 3.Defaults Upon Senior Securities34
ITEM 4.Mine Safety Disclosures34
ITEM 5.Other Information34
ITEM 6.Exhibits35
SIGNATURES36
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.