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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 35,473 $ 72,628
Restricted cash 51 52
Trade accounts receivable, net of allowances of $348 and $397 in 2026 and 2025, respectively 115,769 99,578
Inventories 119,974 115,726
Prepaid expenses and other current assets 25,900 28,694
Total current assets 297,167 316,678
Property, plant and equipment, net 203,223 194,197
Deferred tax assets, net 86,900 87,322
Operating lease right-of-use assets 35,855 36,999
Patents, trademarks and other intangible assets, net of accumulated amortization of $49,379 and $48,775 in 2026 and 2025, respectively 20,595 21,463
Investments 11,494 11,827
Other assets 7,111 7,275
Total long-term assets 365,178 359,083
Total assets 662,345 675,761
Current liabilities:    
Trade accounts payable 52,205 54,517
Current portion of long-term debt 5,938 4,750
Compensation and employee benefits 19,671 28,934
Operating lease liabilities, current portion 11,900 11,326
Accrued taxes 11,912 15,001
Accrued liabilities and other 38,123 39,325
Current liabilities associated with discontinued operations 7,360 7,360
Total current liabilities 147,109 161,213
Long-term debt, net 175,880 176,607
Operating lease liabilities 30,635 32,664
Asset retirement obligations 15,669 15,526
Deferred income taxes 2,889 2,498
Other liabilities 4,548 4,766
Total long-term liabilities 229,621 232,061
Commitments and contingencies (Note 6)
Equity:    
Common stock, par value 0.01 per share; 250,000,000 shares authorized at March 31, 2026 and December 31, 2025; 138,434,753 and 137,252,465 shares issued at March 31, 2026 and December 31, 2025, respectively, and 135,296,078 and 134,113,790 shares outstanding at March 31, 2026 and December 31, 2025, respectively 1,384 1,373
Additional paid-in capital 496,646 500,436
Treasury stock, at cost; 3,138,675 shares held at March 31, 2026 and December 31, 2025 (19,957) (19,957)
Accumulated other comprehensive loss (34,089) (32,677)
Retained deficit (157,101) (165,420)
Total TETRA stockholders’ equity 286,883 283,755
Noncontrolling interests (1,268) (1,268)
Total equity 285,615 282,487
Total liabilities and equity $ 662,345 $ 675,761