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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Common Shares
NV5 Global, Inc
Common Shares
Successor
Common Shares
Predecessor
Preferred Stock
Series A Preferred Stock Shares
Successor
Additional Paid-In Capital
NV5 Global, Inc
Additional Paid-In Capital
Successor
Additional Paid-In Capital
Predecessor
Additional Paid-In Capital
Retained Earnings
NV5 Global, Inc
Retained Earnings
Successor
Retained Earnings
Predecessor
Accumulated Other Comprehensive Income (Loss)
NV5 Global, Inc
Accumulated Other Comprehensive Income (Loss)
Successor
Accumulated Other Comprehensive Income (Loss)
Predecessor
Treasury Stock
Predecessor
NV5 Global, Inc
Successor
Predecessor
Total
Balance at Dec. 31, 2021 $ 617   $ 50   $ 451,291   $ 508,525   $ 172,812   $ 3,693   $ 13,188 $ (276) $ 624,720   $ 525,180  
Balance (in Shares) at Dec. 31, 2021 61,656,020   5,027,825                                
Net income (loss)         49,973   20,043   49,973   20,043 $ 20,043
Exercise of stock options           66               66  
Exercise of stock options (in Shares)     659                                
Share-based compensation expense     18,195   2,561       18,195   2,561  
Restricted stock issuance, net $ 4       (4)                      
Restricted stock issuance, net (in Shares) 387,104                                    
Stock issuance for acquisitions       1,352                 1,352      
Stock issuance for acquisitions (in Shares) 50,076                                    
Capital contributions from stockholder           200               200  
Capital contributions from stockholder (in Shares)     1,331                                
Treasury stock repurchased                     (753)     (753)  
Treasury stock repurchased (in Shares)     (5,013)                                
Other comprehensive income (loss)                     (25,168)     (25,168) (25,168)
Balance at Dec. 31, 2022 $ 621   $ 50   470,834   511,352   222,785   23,736   (11,980) (1,029) 694,240   522,129  
Balance (in Shares) at Dec. 31, 2022 62,093,200   5,024,802                                
Net income (loss)                               43,724      
Balance at Dec. 30, 2023                               774,906      
Balance at Dec. 31, 2022 $ 621   $ 50   470,834   511,352   222,785   23,736   (11,980) (1,029) 694,240   522,129  
Balance (in Shares) at Dec. 31, 2022 62,093,200   5,024,802                                
Net income (loss)         43,724   (6,289)   43,724   (6,289) (6,289)
Dividend           (150,000)               (150,000)  
Share-based compensation expense     20,193   4,975       20,193   4,975  
Restricted stock issuance, net $ 10       (10)                      
Restricted stock issuance, net (in Shares) 977,328                                    
Stock issuance for acquisitions $ 5       14,846                 14,851      
Stock issuance for acquisitions (in Shares) 501,988                                    
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation       (81)                 (81)      
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation (in Shares) (2,920)                                    
Reclassification of liability-classified awards to equity-classified awards       1,697                 1,697      
Payment of contingent consideration with common stock       300                 300      
Payment of contingent consideration with common stock (in Shares) 11,424                                    
Other comprehensive income (loss)               (18)   11,184 (18)   11,184 11,184
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Net income (loss)                 (1,271)         (1,271)  
Share-based compensation expense           897               897  
Other comprehensive income (loss)                       (9,578)     (9,578)  
Balance at Mar. 31, 2024 $ 638   $ 50   515,355   367,224   266,586   16,176 (519)   (10,374) (1,029) 782,060   372,047  
Balance (in Shares) at Mar. 31, 2024 63,815,632   5,024,802                                
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Net income (loss)                                   (6,721) (6,721)
Other comprehensive income (loss)                                     (12,838)
Balance at Jun. 30, 2024     $ 50       384,023       10,726     (13,634) (1,029)     380,136  
Balance (in Shares) at Jun. 30, 2024     5,024,802                                
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Net income (loss)             5,471           5,471      
Share-based compensation expense       12,179                 12,179      
Restricted stock issuance, net $ 14       (14)                            
Restricted stock issuance, net (in Shares) 1,351,576                                    
Stock issuance for acquisitions $ 2       3,956                 3,958      
Stock issuance for acquisitions (in Shares) 165,712                                    
Reclassification of liability-classified awards to equity-classified awards       2,429                 2,429      
Payment of contingent consideration with common stock       600                 600      
Payment of contingent consideration with common stock (in Shares) 24,096                                    
Other comprehensive income (loss)                 (677)       (677)      
Balance at Jun. 29, 2024 $ 652       526,929       271,980     (695)       798,866      
Balance (in Shares) at Jun. 29, 2024 65,122,404                                    
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Net income (loss)                 (15,703)         (15,703) (15,703)
Share-based compensation expense           17,858               17,858  
Other comprehensive income (loss)                     (18,004)     (18,004) (18,004)
Balance at Jul. 29, 2024     $ 50       384,185       1,744     (18,800) (1,029)     366,150  
Balance (in Shares) at Jul. 29, 2024     5,024,802                                
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Other comprehensive income (loss)                               (675)      
Balance at Dec. 31, 2024 $ 651 $ 12   538,568 $ 1,293,638     294,488 $ (106,989)   (693) $ (35,489)     833,014 $ 1,151,172   1,151,172
Balance (in Shares) at Dec. 31, 2024 65,115,824 121,476,215   1,000,000                              
Balance at Dec. 31, 2023 $ 636   $ 50   507,779   366,327   266,509   17,447 (18)   (796) (1,029) 774,906   381,999 381,999
Balance (in Shares) at Dec. 31, 2023 63,581,020   5,024,802                                
Net income (loss)             27,979           27,979      
Share-based compensation expense       23,287                 23,287      
Restricted stock issuance, net $ 13       (13)                      
Restricted stock issuance, net (in Shares) 1,320,821                                    
Stock issuance for acquisitions $ 2       4,486                 4,488      
Stock issuance for acquisitions (in Shares) 189,887                                    
Reclassification of liability-classified awards to equity-classified awards       2,429                 2,429      
Payment of contingent consideration with common stock       600                 600      
Payment of contingent consideration with common stock (in Shares) 24,096                                    
Other comprehensive income (loss)                 (675)       (675)      
Balance at Dec. 28, 2024 $ 651       538,568       294,488     (693)       833,014      
Balance (in Shares) at Dec. 28, 2024 65,115,824                                    
Balance at Mar. 31, 2024 $ 638   $ 50   515,355   367,224   266,586   16,176 (519)   (10,374) (1,029) 782,060   372,047  
Balance (in Shares) at Mar. 31, 2024 63,815,632   5,024,802                                
Net income (loss)                 (5,450)         (5,450) (5,450)
Share-based compensation expense           16,799               16,799  
Other comprehensive income (loss)                     (3,260)     (3,260) (3,260)
Balance at Jun. 30, 2024     $ 50       384,023       10,726     (13,634) (1,029)     380,136  
Balance (in Shares) at Jun. 30, 2024     5,024,802                                
Balance at Mar. 31, 2024 $ 638   $ 50   515,355   $ 367,224   266,586   $ 16,176 (519)   $ (10,374) $ (1,029) 782,060   $ 372,047  
Balance (in Shares) at Mar. 31, 2024 63,815,632   5,024,802                                
Net income (loss)                 5,394             5,394      
Share-based compensation expense         6,460                     6,460      
Restricted stock issuance, net $ 13       (13)                            
Restricted stock issuance, net (in Shares) 1,191,568                                    
Stock issuance for acquisitions $ 1       2,098                     2,099      
Stock issuance for acquisitions (in Shares) 91,108                                    
Reclassification of liability-classified awards to equity-classified awards         2,429                     2,429      
Payment of contingent consideration with common stock         600                     600      
Payment of contingent consideration with common stock (in Shares) 24,096                                    
Other comprehensive income (loss)                       (176)       (176)      
Balance at Jun. 29, 2024 $ 652       526,929       271,980     (695)       798,866      
Balance (in Shares) at Jun. 29, 2024 65,122,404                                    
Balance at Jul. 31, 2024       557,427       (1,537)           555,890    
Balance (in Shares) at Jul. 31, 2024   53,975,000   1,000,000                              
Net income (loss)                 (105,452)           (105,452)   (105,452)
Share-based compensation expense           64,626                 64,626    
Settlement of derivative liability           967                 967    
Equity consideration issued in conjunction with Acuren Acquisition         4,000                 4,000    
Equity consideration issued in conjunction with Acuren Acquisition (in Shares)   400,000                                  
Issuance of common shares and exercise of warrants, net of issuance costs         666,630                 666,630    
Issuance of common shares and exercise of warrants, net of issuance costs (in Shares)   67,037,515                                  
Issuance of common shares to employees                              
Issuance of common shares to employees (in Shares)   63,700                                  
Impact of Domestication   $ 12     (12)                      
Other comprehensive income (loss)                   (35,489)       (35,489)   (35,489)
Balance at Dec. 31, 2024 $ 651 $ 12   538,568 1,293,638     294,488 (106,989)   (693) (35,489)     833,014 1,151,172   1,151,172
Balance (in Shares) at Dec. 31, 2024 65,115,824 121,476,215   1,000,000                              
Net income (loss)             (25,793)           (25,793)    
Share-based compensation expense       1,107                 1,107    
Other comprehensive income (loss)                 2,561       2,561    
Balance at Mar. 31, 2025 $ 657 $ 12   547,730 1,294,745     294,916 (132,782)   (323) (32,928)     842,980 1,129,047    
Balance (in Shares) at Mar. 31, 2025 65,646,834 121,476,215   1,000,000                              
Balance at Dec. 31, 2024 $ 651 $ 12   538,568 1,293,638     294,488 (106,989)   (693) (35,489)     833,014 1,151,172   1,151,172
Balance (in Shares) at Dec. 31, 2024 65,115,824 121,476,215   1,000,000                              
Net income (loss)             12,116           12,116      
Share-based compensation expense       12,065                 12,065      
Restricted stock issuance, net $ 18       (18)                      
Restricted stock issuance, net (in Shares) 1,760,976                                    
Stock issuance for acquisitions $ 2       4,011                 4,013      
Stock issuance for acquisitions (in Shares) 210,222                                    
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation         (615)                     (615)      
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation (in Shares) (35,394)                                    
Reclassification of liability-classified awards to equity-classified awards       2,826                 2,826      
Other comprehensive income (loss)                 1,191       1,191      
Balance at Jun. 28, 2025 $ 671       556,837       306,604     498       864,610      
Balance (in Shares) at Jun. 28, 2025 67,051,628                                    
Balance at Dec. 31, 2024 $ 651 $ 12   538,568 1,293,638     294,488 (106,989)   (693) (35,489)     833,014 1,151,172   1,151,172
Balance (in Shares) at Dec. 31, 2024 65,115,824 121,476,215   1,000,000                              
Net income (loss)                                     (26,026)
Share-based compensation expense               $ 3,000                      
Other comprehensive income (loss)                                     50,937
Balance at Jun. 30, 2025   $ 12     1,296,618       (133,015)     15,448       1,179,063   1,179,063
Balance (in Shares) at Jun. 30, 2025   121,476,215   1,000,000                              
Balance at Mar. 31, 2025 $ 657 $ 12   547,730 1,294,745     294,916 (132,782)   (323) (32,928)     842,980 1,129,047    
Balance (in Shares) at Mar. 31, 2025 65,646,834 121,476,215   1,000,000                              
Net income (loss)                 11,688             11,688      
Share-based compensation expense         6,295                     6,295      
Restricted stock issuance, net $ 14       (14)                            
Restricted stock issuance, net (in Shares) 1,404,794                                    
Reclassification of liability-classified awards to equity-classified awards         2,826                     2,826      
Other comprehensive income (loss)                       821       821      
Balance at Jun. 28, 2025 $ 671       556,837       306,604     498       864,610      
Balance (in Shares) at Jun. 28, 2025 67,051,628                                    
Balance at Mar. 31, 2025 $ 657 $ 12   $ 547,730 1,294,745     $ 294,916 (132,782)   $ (323) (32,928)     $ 842,980 1,129,047    
Balance (in Shares) at Mar. 31, 2025 65,646,834 121,476,215   1,000,000                              
Net income (loss)             (233)           (233)   (233)
Share-based compensation expense       1,873   $ 1,900             1,873    
Other comprehensive income (loss)                 48,376       48,376   48,376
Balance at Jun. 30, 2025   $ 12     $ 1,296,618       $ (133,015)     $ 15,448       $ 1,179,063   $ 1,179,063
Balance (in Shares) at Jun. 30, 2025   121,476,215   1,000,000