For the quarter ending 2025-09-30, DTI has $227,397K in assets. $106,277K in debts. $4,373K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 4,373 | 1,145 | ||
| Accounts receivable, net | 37,643 | 41,557 | ||
| Related party note receivable, current-Related Party | 909 | 909 | ||
| Inventories | 18,142 | 18,279 | ||
| Prepaid expenses and other current assets | 3,643 | 4,245 | ||
| Total current assets | 64,710 | 66,134 | ||
| Total property, plant and equipment | 225,730 | - | ||
| Less accumulated deprecation | 152,623 | - | ||
| Property, plant and equipment, net (excluding construction in progress) | 73,107 | - | ||
| Construction in progress | 2,991 | - | ||
| Property, plant and equipment, net | 76,098 | 79,310 | ||
| Operating lease right-of-use asset | 25,954 | 22,831 | ||
| Total intangible assets | 44,585 | - | ||
| Less accumulated amortization | 4,480 | - | ||
| Intangible assets, net | 40,105 | 40,666 | ||
| Goodwill | 14,615 | 14,704 | ||
| Deferred financing costs, net | 555 | 642 | ||
| Related party note receivable, less current portion-Related Party | 4,379 | 4,443 | ||
| Deposits and other long-term assets | 981 | 1,549 | ||
| Total assets | 227,397 | 230,279 | ||
| Accounts payable | 10,260 | 11,534 | ||
| Accrued expenses and other current liabilities | 11,221 | 9,927 | ||
| Current portion of operating lease liabilities | 4,305 | 4,296 | ||
| Current maturities of long-term debt | 5,970 | 6,291 | ||
| Total current liabilities | 31,756 | 32,047 | ||
| Operating lease liabilities, less current portion | 22,154 | 18,917 | ||
| Revolving line of credit | 29,000 | 33,140 | ||
| Long-term debt, less current portion | 16,333 | 17,485 | ||
| Deferred tax liabilities, net | 7,034 | 6,168 | ||
| Total liabilities | 106,277 | 107,757 | ||
| Common stock, 0.0001 par value, shares authorized 500,000,000 as of september 30, 2025 and december 31, 2024, 35,661,297 issued and outstanding as of september 30, 2025 and 34,704,696 shares issued and outstanding as of december 31, 2024 | 4 | 4 | ||
| Less treasury stock at cost, 462,519 and 0 shares as of september 30, 2025 and december 31, 2024, respectively | 1,152 | 608 | ||
| Additional paid-in-capital | 130,157 | 129,520 | ||
| Accumulated deficit | -8,559 | -7,657 | ||
| Accumulated other comprehensive income (loss) | 659 | 1,264 | ||
| Total drilling tools international stockholder's equity | 121,109 | 122,522 | ||
| Non-controlling interest | 11 | - | ||
| Total equity | 121,120 | - | ||
| Total liabilities and shareholders' equity | 227,397 | 230,279 | ||
Drilling Tools International Corp (DTI)
Drilling Tools International Corp (DTI)