CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 14,638	$ 5,204
Accounts receivable, net	104,491	89,038
Inventories	5,822	7,537
Prepaid expenses	12,954	7,464
Other current assets	1,304	1,210
Total current assets	139,209	110,453
Property, plant and equipment, net	265,138	204,897
Goodwill	7,411	7,001
Other intangible assets, net	73,441	66,502
Operating lease right-of-use assets	14,575	9,401
Other noncurrent assets	9,065	6,818
Total assets	508,839	405,072
Current liabilities:
Accounts payable	44,702	39,971
Accrued liabilities	39,403	34,933
Income taxes payable	82	10,853
Deferred revenue	2,838	2,501
Other current liabilities	5,213	4,388
Total current liabilities	92,238	92,646
Long-term debt	168,672	43,299
Deferred income taxes	5,813	3,558
Operating lease liabilities	11,066	6,655
Other noncurrent liabilities	21,612	21,916
Total liabilities	299,401	168,074
Shareholders’ Equity:
Common shares (no par value; 46,000,000 shares authorized, 13,134,259 shares and 14,067,721 shares issued, respectively, and 12,696,264 shares and 13,653,647 shares outstanding, respectively)	0	0
Additional paid-in capital	1,633,022	1,631,823
Accumulated deficit	(1,020,236)	(980,720)
Common shares held in treasury at cost, 437,995 and 414,074 shares, respectively	(10,775)	(10,130)
Accumulated other comprehensive loss	(392,573)	(404,600)
Total Civeo Corporation shareholders’ equity	209,438	236,373
Noncontrolling interest	0	625
Total shareholders’ equity	209,438	236,998
Total liabilities and shareholders’ equity	$ 508,839	$ 405,072