Energy Recovery, Inc.

For the period ended Mar 31, 2025. Filed May 7, 2025.

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, 2025 · Filed May 7, 2025

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

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Contents

Condensed Consolidated Balance Sheets

	March 31,2025	December 31,2024
(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$49,137	$29,627
Short-term investments	34,408	48,392
Accounts receivable, net	32,389	64,066
Inventories, net	32,410	24,906
Prepaid expenses and other assets	6,248	6,665
Total current assets	154,592	173,656
Long-term investments	23,185	21,832
Deferred tax assets, net	10,645	9,004
Property and equipment, net	14,585	15,424
Operating lease, right of use asset	9,168	9,695
Goodwill	12,790	12,790
Other assets, non-current	429	391
Total assets	$225,394	$242,792
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$3,404	$3,109
Accrued expenses and other liabilities	11,272	17,728
Lease liabilities	2,357	2,020
Contract liabilities	1,401	571
Total current liabilities	18,434	23,428
Lease liabilities, non-current	8,751	9,297
Other liabilities, non-current	96	57
Total liabilities	27,281	32,782
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock	67	66
Additional paid-in capital	237,550	235,010
Accumulated other comprehensive income	75	98
Treasury stock	(135,405)	(130,870)
Retained earnings	95,826	105,706
Total stockholders’ equity	198,113	210,010
Total liabilities and stockholders’ equity	$225,394	$242,792

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.