Energy Recovery Inc

For the period ended Mar 31, 2024. Filed May 1, 2024.

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.

Mar 31, 2024 · Filed May 1, 2024

ERII$7.33-0.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Stockholders’

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’EQUITY

	Three Months Ended March 31,
	2024	2023
(In thousands, except shares)
Common stock
Beginning and ending balance	$65	$64
Additional paid-in capital
Beginning balance	217,617	204,957
Issuance of common stock, net	1,190	165
Stock-based compensation	3,315	2,218
Ending balance	222,122	207,340
Accumulated other comprehensive loss
Beginning balance	(44)	(349)
Other comprehensive (loss) income
Foreign currency translation adjustments	28	(17)
Unrealized (loss) gain on investments	(44)	95
Total other comprehensive (loss) income, net	(16)	78
Ending balance	(60)	(271)
Treasury stock
Beginning and ending balance	(80,486)	(80,486)
Retained earnings
Beginning balance	82,656	61,152
Net loss	(8,260)	(6,296)
Ending balance	74,396	54,856
Total stockholders’ equity	$216,037	$181,503
Common stock issued (shares)
Beginning balance	65,029,459	64,225,391
Issuance of common stock, net	448,455	265,993
Ending balance	65,477,914	64,491,384
Treasury stock (shares)
Beginning and ending balance	8,148,512	8,148,512
Total common stock outstanding (shares)	57,329,402	56,342,872

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.