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Special Purpose Acquisition Company (Tables) | 12 Months Ended
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Dec. 31, 2024
NETC |
Special Purpose Acquisition Companies |
Schedule of Special Purpose Acquisition Companies effects on changes in non-controlling interest subject to possible redemption | The following table summarizes NETC’s effects on changes in non-controlling interest subject to possible redemption. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | 2023
​ | ​ | ​ | ​ | ​ | (In thousands)
Balance, beginning of year | ​ | ​ | ​ | ​ | $ | 284,841
Net earnings | ​ | ​ | ​ | ​ | ​ | 5,540
Nabors deemed dividends to SPAC public shareholders | ​ | ​ | ​ | ​ | ​ | 3,055
Noncontrolling interest deemed dividends to SPAC public shareholders | ​ | ​ | ​ | ​ | ​ | 1,774
Redemptions and distributions of Trust Account | ​ | ​ | ​ | ​ | ​ | (295,210)
Balance as of December 31 | ​ | ​ | ​ | ​ | $ | —
​

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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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