Company: PAMT
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001437749-25-015763
Chunk: 8

Company: PAMT CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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Balance at January 1, 2025  21,783  $224  $41,171  $(13,996) $250,109  $277,508 
                         
Net loss  -   -   -   -   (8,142)  (8,142)
                         
Restricted stock issued  8   -   (37)  -   -   (37)
                         
Stock based compensation  -   -   266   -   -   266 
                         
Balance at March 31, 2025  21,791  $224  $41,400  $(13,996) $241,967  $269,595 

     Common Stock  Additional  Treasury  Retained     
  Shares/Amount  Paid-In Capital  Stock  Earnings  Total 
                         
Balance at January 1, 2024  22,021  $223  $40,825  $(8,736) $281,904  $314,216 
                         
Net loss  -   -   -   -   281   281 
                         
Restricted stock issued  14   -   (46)  -   -   (46)
                         
Stock based compensation  -   -   192   -   -   192 
                         
Balance at March 31, 2024  22,035  $223  $40,971  $(8,736) $282,185  $314,643 

See notes to condensed consolidated financial statements.

     6

PAMT CORP AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements (unaudited)

March 31, 2025

   NOTE A: BASIS OF PRESENTATION
   In accordance with generally accepted accounting principles (“GAAP”) and applicable rules of the Securities and Exchange Commission, the information reported in this Quarterly Report on Form 10-Q for PAMT CORP and its legally distinct subsidiaries, unless otherwise indicated, is presented on a consolidated basis. Unless the context otherwise requires