v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total Drilling Tools International Stockholders' Equity
Non-controlling Interest
Beginning balance at Dec. 31, 2024 $ 119,959 $ 3   $ 125,415 $ (3,582) $ (1,877) $ 119,959  
Beginning balance, shares at Dec. 31, 2024   34,704,696            
Issuance of Common Stock related to business combination 2,923 $ 1   2,922     2,923  
Issuance of Common Stock related to business combination, shares   888,041            
Stock-based compensation 541     541     541  
Foreign currency translation adjustment, net of tax 942         942 942  
Net income (loss) (1,669)       (1,669)   (1,669)  
Ending balance at Mar. 31, 2025 122,696 $ 4   128,878 (5,251) (935) 122,696  
Ending balance, shares at Mar. 31, 2025   35,592,737            
Beginning balance at Dec. 31, 2025 122,861              
Beginning balance at Dec. 31, 2025 $ 122,873 $ 4 $ (1,265) 130,801 (7,343) 664 122,861 $ 12
Beginning balance, shares at Dec. 31, 2025   35,661,297            
Beginning balance, shares at Dec. 31, 2025 505,169   505,169          
Stock option exercise $ 60     60     60  
Stock option exercise, shares   20,000            
Stock-based compensation 719     719     719  
Treasury stock purchases (706)   $ (706)       (706)  
Treasury stock purchases, shares     206,800          
Foreign currency translation adjustment, net of tax (754)         (754) (754)  
Restricted stock vesting (221)   $ (221)       (221)  
Restricted stock vesting, shares   219,831 63,399          
Net income (loss) (1,538)       (1,540)   (1,540) 2
Ending balance at Mar. 31, 2026 120,433 $ 4 $ (2,192) $ 131,580 $ (8,883) $ (90) $ 120,419 $ 14
Ending balance at Mar. 31, 2026 $ 120,419              
Ending balance, shares at Mar. 31, 2026   35,901,128            
Ending balance, shares at Mar. 31, 2026 775,368 775,368