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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 67,146 $ 36,987
Restricted cash 52 221
Trade accounts receivable, net of allowances of $107 and $626 in 2025 and 2024, respectively 116,378 104,813
Inventories 105,860 101,697
Prepaid expenses and other current assets 24,444 25,910
Total current assets 313,880 269,628
Property, plant and equipment:    
Land and building 24,957 24,475
Machinery and equipment 338,581 323,044
Automobiles and trucks 10,691 10,325
Chemical plants 75,549 69,815
Construction in progress 66,839 34,910
Property, plant and equipment 516,617 462,569
Less accumulated depreciation (343,417) (320,409)
Property, plant and equipment, net 173,200 142,160
Other assets:    
Patents, trademarks and other intangible assets, net of accumulated amortization of $59,127 and $55,421 in 2025 and 2024, respectively 22,343 24,923
Deferred tax assets, net 93,793 98,149
Operating lease right-of-use assets 30,000 29,797
Investments 10,409 28,159
Other assets 11,549 12,379
Total other assets 168,094 193,407
Total assets 655,174 605,195
Current liabilities:    
Trade accounts payable 44,260 43,103
Compensation and employee benefits 27,060 23,022
Operating lease liabilities, current portion 10,608 8,861
Accrued taxes 16,230 12,493
Accrued liabilities and other 29,304 30,040
Current liabilities associated with discontinued operations 5,830 5,830
Total current liabilities 133,292 123,349
Long-term debt, net 180,924 179,696
Operating lease liabilities 23,067 25,041
Asset retirement obligations 15,431 14,786
Deferred income taxes 4,275 4,912
Other liabilities 2,760 4,104
Total long-term liabilities 226,457 228,539
Commitments and contingencies (Note 6)
Equity:    
Common stock, par value 0.01 per share; 250,000,000 shares authorized at September 30, 2025 and December 31, 2024; 136,789,182 and 134,951,081 shares issued, respectively, and 133,650,507 and 131,812,406 shares outstanding, respectively 1,368 1,350
Additional paid-in capital 496,184 492,722
Treasury stock, at cost; 3,138,675 shares held at September 30, 2025 and December 31, 2024 (19,957) (19,957)
Accumulated other comprehensive loss (31,989) (51,122)
Retained deficit (148,920) (168,425)
Total TETRA stockholders’ equity 296,686 254,568
Noncontrolling interests (1,261) (1,261)
Total equity 295,425 253,307
Total liabilities and equity $ 655,174 $ 605,195