NCSM · As filed with the SEC

NCS Multistage Holdings balance sheet, by fiscal year

The statement as NCS Multistage Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousands	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Current assets
Cash and cash equivalents	36,725	25,880	16,720	16,234	22,168	15,545	11,243	25,131
Accounts receivable—trade, net	40,507	31,513	23,981	27,846	24,392	21,925	41,960	49,984
Inventories, net	39,011	40,971	41,612	37,042	33,917	34,871	39,921	32,753
Prepaid expenses and other current assets	2,031	2,063	1,862	2,815	3,290	2,975	2,444	2,037
Other current receivables	3,644	5,143	4,042	3,726	4,726	8,358	5,028	4,685
Insurance receivable	—	0	15,000	—	—	—	—	—
Total current assets	121,918	105,570	103,217	87,663	88,493	83,674	100,596	114,590
Noncurrent assets
Property and equipment, net	—	—	23,336,000	23,316,000	24,708,000	24,435,000	32,974,000	32,296,000
Property and equipment, net	19,849	21,283	—	—	—	—	—	—
Goodwill	16,387	15,222	15,222	15,222	15,222	15,222	15,222	23,112
Identifiable intangibles, net	5,989	3,690	4,407	5,076	5,744	6,413	45,248	48,985
Operating lease assets	4,817	5,911	4,847	4,515	4,809	5,170	—	—
Deposits and other assets	—	—	937,000	2,761,000	3,113,000	3,559,000	8,531,000	1,392,000
Deferred income taxes, net	—	—	—	—	—	—	—	9,326,000
Deposits and other assets	586	712	—	—	—	—	—	—
Deferred income taxes, net	11,653	424	66	46	236	205	6	—
Total noncurrent assets	59,281	47,242	48,815	50,936	53,832	55,004	101,981	115,111
Total assets	181,199	152,812	152,032	138,599	142,325	138,678	202,577	229,701
Current liabilities
Accounts payable—trade	8,517	8,970	6,227	7,549	7,502	4,943	8,549	7,167
Accrued expenses	9,461	8,351	3,702	4,391	6,323	3,347	3,451	4,084
Income taxes payable	1,151	683	364	468	294	653	1,883	184
Operating lease liabilities	1,587	1,602	1,583	1,274	1,556	1,826	—	—
Accrual for legal contingencies	—	0	15,000	—	—	—	—	—
Contingent purchase consideration	1,250	—	—	—	—	—	—	9,963
Current maturities of long-term debt	2,385	2,141	1,812	1,489	1,483	1,347	1,481	2,236
Other current liabilities	4,175	3,672	3,370	2,522	2,660	2,768	4,416	1,991
Total current liabilities	28,526	25,419	32,058	17,693	19,818	14,884	19,780	25,625
Noncurrent liabilities
Long-term debt, less current maturities	5,259	6,001	6,344	6,437	6,335	4,442	11,436	23,455
Operating lease liabilities, long-term	3,716	4,891	3,775	3,680	3,779	3,989	—	—
Other long-term liabilities	202	206	213	1,328	1,612	1,864	4,860	1,258
Deferred income taxes, net	—	—	—	—	—	—	—	3,132,000
Deferred income taxes, net	398	186	249	199	114	13	2,956	—
Total noncurrent liabilities	9,575	11,284	10,581	11,644	11,840	10,308	19,252	27,845
Total liabilities	38,101	36,703	42,639	29,337	31,658	25,192	39,032	53,470
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding at December 31, 2025 and December 31, 2024	0	0	—	—	—	—	—	—
Common stock, $0.01 par value, 11,250,000 shares authorized, 2,613,603 shares issued and 2,545,535 shares outstanding at December 31, 2025 and 2,563,979 shares issued and 2,507,430 shares outstanding at December 31, 2024	26	26	25	24	24	24	469	451
Additional paid-in capital	449,890	447,384	444,638	440,475	437,022	432,801	424,633	411,423
Accumulated other comprehensive loss	(86,132)	(87,604)	(85,752)	(85,617)	(82,094)	(81,780)	(80,811)	(84,030)
Retained deficit	(235,276)	(259,024)	(265,617)	(262,464)	(261,362)	(256,628)	(199,029)	(166,206)
Treasury stock, at cost; 39,052 shares at December 31, 2023 and 26,335 shares at December 31, 2022	—	—	(1,676,000)	(1,389,000)	(1,006,000)	(809,000)	(652,000)	(337,000)
Treasury stock, at cost; 68,068 shares at December 31, 2025 and 56,549 shares at December 31, 2024	(2,269)	(1,943)	—	—	—	—	—	—
Total stockholders’ equity	126,239	98,839	91,618	91,029	92,584	93,608	144,610	161,301
Non-controlling interest	16,859	17,270	17,775	18,233	18,083	19,878	18,935	14,930
Total equity	143,098	116,109	109,393	109,262	110,667	113,486	163,545	176,231
Total liabilities and stockholders' equity	181,199	152,812	152,032	138,599	142,325	138,678	202,577	229,701

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.