FORUM ENERGY TECHNOLOGIES INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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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.
Mar 31, 2024 · Filed May 3, 2024
FET$72.08+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed consolidated statements of changes in stockholders’ equity
| Three Months Ended March 31, 2024 | ||||||
|---|---|---|---|---|---|---|
| (in thousands) | Common stock | Additional paid-in capital | Treasury stock | Retaineddeficit | Accumulatedothercomprehensiveincome / (loss) | Total equity |
| Balance at December 31, 2023 | $109 | $1,369,288 | $(142,057) | $(699,471) | $(115,236) | $412,633 |
| Stock-based compensation expense | — | 1,573 | — | — | — | 1,573 |
| Restricted stock issuance, net of forfeitures | 1 | (1,091) | — | — | — | (1,090) |
| Stock issuance related to business acquisition | 20 | 44,200 | — | — | — | 44,220 |
| Currency translation adjustment | — | — | — | — | (804) | (804) |
| Change in pension liability | — | — | — | — | (15) | (15) |
| Net loss | — | — | — | (10,315) | — | (10,315) |
| Balance at March 31, 2024 | $130 | $1,413,970 | $(142,057) | $(709,786) | $(116,055) | $446,202 |
Forum Energy Technologies, Inc. and subsidiaries
Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Three Months Ended March 31, 2023 | ||||||
|---|---|---|---|---|---|---|
| (in thousands) | Common stock | Additional paid-in capital | Treasury stock | Retaineddeficit | Accumulatedothercomprehensiveincome / (loss) | Total equity |
| Balance at December 31, 2022 | $62 | $1,253,613 | $(138,560) | $(680,595) | $(127,485) | $307,035 |
| Stock-based compensation expense | — | 841 | — | — | — | 841 |
| Restricted stock issuance, net of forfeitures | 1 | (1,874) | — | — | — | (1,873) |
| Conversion of debt to common stock | 46 | 113,604 | — | — | — | 113,650 |
| Treasury stock | — | — | (3,497) | — | — | (3,497) |
| Currency translation adjustment | — | — | — | — | 4,158 | 4,158 |
| Change in pension liability | — | — | — | — | 15 | 15 |
| Net loss | — | — | — | (3,486) | — | (3,486) |
| Balance at March 31, 2023 | $109 | $1,366,184 | $(142,057) | $(684,081) | $(123,312) | $416,843 |
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