Company: NINE
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001532286-25-000016
Chunk: 17

Company: Nine Energy Service, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 — — — (14,041)(14,041)Balance, June 30, 202441,167,385 $412 $803,215 $(5,016)$(848,326)$(49,715)

Common StockAdditionalPaid-in CapitalAccumulatedOtherComprehensiveIncome (Loss)RetainedEarnings(Accumulated Deficit)TotalStockholders’ Equity (Deficit)SharesAmountsBalance, December 31, 202442,348,643 $423 $806,231 $(5,406)$(867,312)$(66,064)Issuance of common stock under stock compensation plan, net of forfeitures1,021,544 11 (11)— — — Stock-based compensation expense— — 1,289 — — 1,289 Other comprehensive income—— — 490 — 490 Net loss—— — — (17,452)(17,452)Balance, June 30, 202543,370,187 $434 $807,509 $(4,916)$(884,764)$(81,737)

Common StockAdditionalPaid-in CapitalAccumulatedOtherComprehensiveIncome (Loss)RetainedEarnings(Accumulated Deficit)TotalStockholders’ Equity (Deficit)SharesAmountsBalance, December 31, 202335,324,861 $353 $795,106 $(4,859)$(826,230)$(35,630)Issuance of common stock under stock compensation plan, net of forfeitures1,643,450 17 (17)— — — Stock-based compensation expense— — 1,388 — — 1,388 Issuance of common stock under ATM program4,199,074 42 6,738 — — 6,780 Other comprehensive loss—— — (157)— (157)Net loss—— — — (22,096)(22,096)Balance, June 30, 202441,167,385 412 803,215 (5,016)(848,326)$(49,715)

The accompanying notes are an integral part of these condensed consolidated financial statements.

 3

NINE ENERGY SERVICE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaud