Energy Recovery Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
ERII$7.39+3.4%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 exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (In thousands, except shares and per share data) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $68,098 | $56,354 |
| Short-term investments | 40,445 | 33,479 |
| Accounts receivable, net | 46,937 | 34,062 |
| Inventories, net | 26,149 | 28,366 |
| Prepaid expenses and other assets | 3,843 | 5,606 |
| Total current assets | 185,472 | 157,867 |
| Long-term investments | 13,832 | 3,058 |
| Deferred tax assets, net | 10,324 | 10,263 |
| Property and equipment, net | 18,699 | 19,580 |
| Operating lease, right of use asset | 11,469 | 13,115 |
| Goodwill | 12,790 | 12,790 |
| Other assets, non-current | 388 | 366 |
| Total assets | $252,974 | $217,039 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $3,000 | $814 |
| Accrued expenses and other liabilities | 15,583 | 14,693 |
| Lease liabilities | 1,791 | 1,600 |
| Contract liabilities | 1,097 | 1,195 |
| Total current liabilities | 21,471 | 18,302 |
| Lease liabilities, non-current | 11,488 | 13,278 |
| Other liabilities, non-current | 207 | 121 |
| Total liabilities | 33,166 | 31,701 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at December 31, 2023 and 2022 | — | — |
| Common stock, $0.001 par value; 200,000,000 shares authorized; 65,029,459 shares issued and 56,880,947 shares outstanding at December 31, 2023 and 64,225,391 shares issued and 56,076,879 shares outstanding at December 31, 2022 | 65 | 64 |
| Additional paid-in capital | 217,617 | 204,957 |
| Accumulated other comprehensive loss | (44) | (349) |
| Treasury stock, at cost, 8,148,512 shares repurchased at December 31, 2023 and 2022 | (80,486) | (80,486) |
| Retained earnings | 82,656 | 61,152 |
| Total stockholders’ equity | 219,808 | 185,338 |
| Total liabilities and stockholders’ equity | $252,974 | $217,039 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.