Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 19,957	$ 18,317
Accounts receivable, net	159,823	127,281
Inventories	15,118	14,485
Prepaid expenses and other current assets	18,409	12,387
Total current assets	213,307	172,470
Property, plant and equipment, net	85,909	80,892
Intangible assets, net	39,571	39,708
Goodwill	185,125	181,442
Deferred income taxes	6,693	6,267
Other assets	40,438	42,259
Total assets	571,043	523,038
Current Liabilities
Accounts payable	18,238	11,128
Accrued expenses and other current liabilities	90,482	85,233
Current portion of long-term debt	13,069	11,591
Current portion of finance lease obligations	5,677	5,317
Income taxes payable	1,028	1,656
Total current liabilities	128,494	114,925
Long-term debt, net of current portion	176,345	158,056
Obligations under finance leases, net of current portion	15,894	15,162
Deferred income taxes	2,216	1,973
Other long-term liabilities	31,919	34,027
Total liabilities	354,868	324,143
Commitments and contingencies (Note 13)
Equity
Preferred stock, 10,000,000 shares authorized	0	0
Common stock, $0.01 par value, 200,000,000 shares authorized, 31,538,050 and 31,010,375 shares issued and outstanding	465	402
Additional paid-in capital	253,879	250,832
Accumulated deficit	(10,153)	(9,984)
Accumulated other comprehensive loss	(28,343)	(42,682)
Total Mistras Group, Inc. stockholders’ equity	215,848	198,568
Non-controlling interests	327	327
Total equity	216,175	198,895
Total liabilities and equity	$ 571,043	$ 523,038