Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 1165

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 6
Chunk 1165
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 2023 and 2022 (PCAOB ID 238) 68
 Consolidated Balance Sheets, December 31, 2024 and December 31, 2023   70 
 Consolidated Statements of Operations, years ended December 31, 2024, 2023 and 2022   71 
 Consolidated Statements of Comprehensive Income (Loss), years ended December 31, 2024, 2023, and 2022   72 
 Consolidated Statements of Equity, years ended December 31, 2024, 2023 and 2022   73 
 Consolidated Statements of Cash Flows, years ended December 31, 2024, 2023 and 2022   74 
 Notes to Consolidated Financial Statements   76 

All other schedules are omitted as the required information is inapplicable or the information is presented in the financial statements or the related notes.

    67

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
 
To the Board of Directors and Stockholders of Tidewater Inc.
 
Opinions on the Financial Statements and Internal Control over Financial Reporting
 
We have audited the accompanying consolidated balance sheets of Tidewater Inc. and its subsidiaries (the "Company") as of December 31, 2024 and 2023, and the related consolidated statements of operations, of comprehensive income (loss), of stockholders' equity and of cash flows for each of the three years in the period ended December 31, 2024, including the related notes (collectively referred to as the "consolidated financial statements"). We also have audited the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
 
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024 in conformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on