Energy Recovery Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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, 2024 · Filed Oct 30, 2024
ERII$7.33-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’EQUITY
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands, except shares) | ||||
| Common stock | ||||
| Beginning balance | $66 | $65 | $65 | $64 |
| Issuance of common stock, net | — | — | 1 | 1 |
| Ending balance | 66 | 65 | 66 | 65 |
| Additional paid-in capital | ||||
| Beginning balance | 225,240 | 209,139 | 217,617 | 204,957 |
| Issuance of common stock, net | 4,293 | 805 | 5,794 | 1,183 |
| Stock-based compensation | 2,376 | 1,838 | 8,498 | 5,642 |
| Ending balance | 231,909 | 211,782 | 231,909 | 211,782 |
| Accumulated other comprehensive income (loss) | ||||
| Beginning balance | (61) | (127) | (44) | (349) |
| Other comprehensive income (loss) | ||||
| Foreign currency translation adjustments | (94) | (2) | (57) | 95 |
| Unrealized gain (loss) on investments | 304 | (54) | 250 | 71 |
| Total other comprehensive income (loss), net | 210 | (56) | 193 | 166 |
| Ending balance | 149 | (183) | 149 | (183) |
| Treasury stock | ||||
| Beginning and ending balance | (80,486) | (80,486) | (80,486) | (80,486) |
| Retained earnings | ||||
| Beginning balance | 73,754 | 53,191 | 82,656 | 61,152 |
| Net (loss) income | 8,481 | 9,660 | (421) | 1,699 |
| Ending balance | 82,235 | 62,851 | 82,235 | 62,851 |
| Total stockholders’ equity | $233,873 | $194,029 | $233,873 | $194,029 |
| Common stock issued (shares) | ||||
| Beginning balance | 65,571,275 | 64,553,969 | 65,029,459 | 64,225,391 |
| Issuance of common stock, net | 459,312 | 99,091 | 1,001,128 | 427,669 |
| Ending balance | 66,030,587 | 64,653,060 | 66,030,587 | 64,653,060 |
| Treasury stock (shares) | ||||
| Beginning and ending balance | 8,148,512 | 8,148,512 | 8,148,512 | 8,148,512 |
| Total common stock outstanding (shares) | 57,882,075 | 56,504,548 | 57,882,075 | 56,504,548 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.