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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 72,628 $ 36,987
Restricted cash 52 221
Trade accounts receivable, net of allowance for credit losses of $397 and $626, respectively 99,578 104,813
Inventories 115,726 101,697
Prepaid expenses and other current assets 28,694 25,910
Total current assets 316,678 269,628
Property, plant and equipment:    
Land and building 25,077 24,475
Machinery and equipment 339,414 323,044
Automobiles and vehicles 10,646 10,325
Chemical plants 77,786 69,815
Construction in progress 90,913 34,910
Total property, plant and equipment 543,836 462,569
Less accumulated depreciation (349,639) (320,409)
Net property, plant and equipment 194,197 142,160
Other assets:    
Deferred tax assets 87,322 98,149
Operating lease right-of-use assets 36,999 29,797
Investments 11,827 28,159
Other intangible assets, net 21,463 24,923
Other assets 7,275 12,379
Total other assets 164,886 193,407
Total assets 675,761 605,195
Current liabilities:    
Trade accounts payable 54,517 43,103
Compensation and employee benefits 28,934 23,022
Operating lease liabilities, current portion 11,326 8,861
Accrued taxes 15,001 12,493
Accrued liabilities and other 39,325 30,040
Current liabilities associated with discontinued operations 7,360 5,830
Total current liabilities 156,463 123,349
Long-term debt, net 181,357 179,696
Operating lease liabilities 32,664 25,041
Asset retirement obligations 15,526 14,786
Deferred income taxes 2,498 4,912
Other liabilities 4,766 4,104
Total long-term liabilities 236,811 228,539
Commitments and contingencies (Note 11 - “Commitments and Contingencies”)
Equity:    
Common stock, par value 0.01 per share; 250,000,000 shares authorized at December 31, 2025 and December 31, 2024; 137,252,465 and 134,951,081 shares issued at December 31, 2025 and December 31, 2024, respectively; and 134,113,790 and 131,812,406 shares outstanding at December 31, 2025 and December 31, 2024, respectively 1,373 1,350
Additional paid-in capital 500,436 492,722
Treasury stock, at cost; 3,138,675 shares (19,957) (19,957)
Accumulated other comprehensive loss (32,677) (51,122)
Retained deficit (165,420) (168,425)
Total TETRA stockholders’ equity 283,755 254,568
Noncontrolling interests (1,268) (1,261)
Total equity 282,487 253,307
Total liabilities and equity $ 675,761 $ 605,195