FORUM ENERGY TECHNOLOGIES INC
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 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
| Nine Months Ended September 30, 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 |
| Stock-based compensation expense | — | 1,531 | — | — | — | 1,531 |
| Liability awards converted to share settled | — | 337 | — | — | — | 337 |
| Currency translation adjustment | — | — | — | — | 621 | 621 |
| Change in pension liability | — | — | — | — | (5) | (5) |
| Net loss | — | — | — | (6,696) | — | (6,696) |
| Balance at June 30, 2024 | $130 | $1,415,838 | $(142,057) | $(716,482) | $(115,439) | $441,990 |
| Stock-based compensation expense | — | 2,076 | — | — | — | 2,076 |
| Currency translation adjustment | — | — | — | — | 14,254 | 14,254 |
| Change in pension liability | — | — | — | — | 25 | 25 |
| Net loss | — | — | — | (14,815) | — | (14,815) |
| Balance at September 30, 2024 | $130 | $1,417,914 | $(142,057) | $(731,297) | $(101,160) | $443,530 |
Forum Energy Technologies, Inc. and subsidiaries
Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Nine Months Ended September 30, 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 |
| Stock-based compensation expense | — | 1,257 | — | — | — | 1,257 |
| Currency translation adjustment | — | — | — | — | 7,749 | 7,749 |
| Change in pension liability | — | — | — | — | 6 | 6 |
| Net loss | — | — | — | (6,579) | — | (6,579) |
| Balance at June 30, 2023 | $109 | $1,367,441 | $(142,057) | $(690,660) | $(115,557) | $419,276 |
| Stock-based compensation expense | — | 1,247 | — | — | — | 1,247 |
| Restricted stock issuance, net of forfeitures | — | (626) | — | — | — | (626) |
| Currency translation adjustment | — | — | — | — | (10,710) | (10,710) |
| Change in pension liability | — | — | — | — | (36) | (36) |
| Net income | — | — | — | 7,969 | — | 7,969 |
| Balance at September 30, 2023 | $109 | $1,368,062 | $(142,057) | $(682,691) | $(126,303) | $417,120 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.