Drilling Tools International Corp
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
View on SEC.govAbout 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.
Sep 30, 2025 · Filed Nov 7, 2025
DTI$1.58+10.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
| Common Stock · Treasury Stock | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (In thousands, except share and per share data) · Shares · Amount · Shares · Amount · AdditionalPaid-InCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (loss) · Total Drilling Tools International Stockholders' Equity · Non-controlling Interest · TotalShareholders'Equity | |||||||||||||
| BALANCE, December 31, 2024 | 34,704,696 | $3 | — | $— | $125,415 | $(3,582) | $(1,877) | $119,959 | $— | $119,959 | |||
| Stock-based compensation | — | — | — | — | 541 | — | — | 541 | — | 541 | |||
| Issuance of common stock related to business combination | 888,041 | 1 | — | — | 2,922 | — | 2,923 | — | 2,923 | ||||
| Foreign currency translation adjustment, net of tax | — | — | — | — | — | — | 942 | 942 | — | 942 | |||
| Net loss | — | — | — | — | — | (1,669) | — | (1,669) | — | (1,669) | |||
| BALANCE, March 31, 2025 | 35,592,737 | $4 | — | $— | $128,878 | $(5,251) | $(935) | $122,696 | $— | $122,696 | |||
| Stock-based compensation | — | — | — | — | 642 | — | — | 642 | — | 642 | |||
| Purchase of treasury stock | — | — | 202,611 | (608) | — | — | — | (608) | — | (608) | |||
| Foreign currency translation adjustment, net of tax | — | — | — | — | — | — | 2,199 | 2,199 | — | 2,199 | |||
| Shares issued due to vesting of restricted stock units | 68,560 | — | — | — | — | — | — | — | — | — | |||
| Net loss | — | — | — | — | — | (2,406) | — | (2,406) | — | (2,406) | |||
| BALANCE, June 30, 2025 | 35,661,297 | $4 | 202,611 | $(608) | $129,520 | $(7,656) | $1,264 | $122,523 | $— | $122,524 | |||
| Stock-based compensation | — | — | — | — | 651 | — | — | 651 | — | 651 | |||
| Forfeiture of restricted stock units | — | — | — | — | (14) | — | — | (14) | — | (14) | |||
| Purchase of treasury stock | — | — | 259,908 | (544) | — | — | — | (544) | — | (544) | |||
| Foreign currency translation adjustment, net of tax | — | — | — | — | — | — | (605) | (605) | — | (605) | |||
| Initial recognition of non-controlling interest | — | — | — | — | — | — | — | — | 12 | 12 | |||
| Net loss | — | — | — | — | — | (903) | — | (903) | (1) | (904) | |||
| BALANCE, September 30, 2025 | 35,661,297 | $4 | 462,519 | $(1,152) | $130,157 | $(8,559) | $659 | $121,109 | $11 | $121,120 | |||
| Common Stock | ||||||
|---|---|---|---|---|---|---|
| (In thousands, except share and per share data) | Shares | Amount | AdditionalPaid-InCapital | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (loss) | TotalShareholders'Equity |
| BALANCE, December 31, 2023 | 29,768,568 | $3 | $95,218 | $(6,306) | $(225) | $88,690 |
| Stock-based compensation | — | — | 208 | — | — | 208 |
| Foreign currency translation adjustment, net of tax | — | — | — | — | (511) | (511) |
| Net income | — | — | — | 3,126 | — | 3,126 |
| BALANCE, March 31, 2024 | 29,768,568 | $3 | $95,426 | $(3,180) | $(736) | $91,513 |
| Stock-based compensation | — | — | 413 | — | — | 413 |
| Exercise of stock options | 16,556 | — | 255 | (290) | — | (35) |
| Shares issued due to vesting of restricted stock units | 17,440 | — | 442 | — | — | 442 |
| Foreign currency translation adjustment, net of tax | — | — | — | — | 102 | 102 |
| Net income | — | — | — | 365 | — | 365 |
| BALANCE, June 30, 2024 | 29,802,564 | $3 | $96,536 | $(3,105) | $(634) | $92,800 |
| Issuance of Common Stock related to business combination | 4,845,132 | — | 27,714 | — | — | 27,714 |
| Accelerated vesting of substitute stock options | — | — | 138 | — | — | 138 |
| Stock-based compensation | — | — | 508 | — | — | 508 |
| Foreign currency translation adjustment, net of tax | — | — | — | — | 1,163 | 1,163 |
| Net income | — | — | — | 867 | — | 867 |
| BALANCE, September 30, 2024 | 34,647,696 | $3 | $124,896 | $(2,238) | $529 | $123,190 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.