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 Statements of Stockholders’

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’EQUITY

	Three Months Ended March 31,
	2025	2024
(In thousands, except shares)
Common stock
Beginning balance	$66	$65
Issuance of common stock, net	1	—
Ending balance	67	65
Additional paid-in capital
Beginning balance	235,010	217,617
Issuance of common stock, net	615	1,190
Stock-based compensation	1,925	3,315
Ending balance	237,550	222,122
Accumulated other comprehensive income (loss)
Beginning balance	98	(44)
Other comprehensive loss
Foreign currency translation adjustments	(16)	28
Unrealized loss on investments	(7)	(44)
Total other comprehensive loss, net	(23)	(16)
Ending balance	75	(60)
Treasury stock
Beginning balance	(130,870)	(80,486)
Common stock repurchased	(4,535)	—
Ending balance	(135,405)	(80,486)
Retained earnings
Beginning balance	105,706	82,656
Net loss	(9,880)	(8,260)
Ending balance	95,826	74,396
Total stockholders’ equity	$198,113	$216,037
Common stock issued (shares)
Beginning balance	66,182,906	65,029,459
Issuance of common stock, net	350,146	448,455
Ending balance	66,533,052	65,477,914
Treasury stock (shares)
Beginning balance	11,397,045	8,148,512
Common stock repurchased	279,295	—
Ending balance	11,676,340	8,148,512
Total common stock outstanding (shares)	54,856,712	57,329,402

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.