NCS Multistage (NCSM) 10-Q 2 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	May 01, 2024
Document Information [Line Items]
Entity Central Index Key	0001692427
Entity Registrant Name	NCS Multistage Holdings, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-38071
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-1527455
Entity Address, Address Line One	19350 State Highway 249, Suite 600
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77070
City Area Code	281
Local Phone Number	453-2222
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	NCSM
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,502,564

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 14,004	$ 16,720
Accounts receivable—trade, net	33,919	23,981
Inventories, net	39,237	41,612
Prepaid expenses and other current assets	1,695	1,862
Other current receivables	4,065	4,042
Insurance receivable	0	15,000
Total current assets	92,920	103,217
Noncurrent assets
Property and equipment, net	23,143	23,336
Goodwill	15,222	15,222
Identifiable intangibles, net	4,240	4,407
Operating lease assets	4,461	4,847
Deposits and other assets	873	937
Deferred income taxes, net	66	66
Total noncurrent assets	48,005	48,815
Total assets	140,925	152,032
Current liabilities
Accounts payable—trade	8,489	6,227
Accrued expenses	3,814	3,702
Income taxes payable	350	364
Operating lease liabilities	1,556	1,583
Accrual for legal contingencies	0	15,000
Current maturities of long-term debt	2,441	1,812
Other current liabilities	2,547	3,370
Total current liabilities	19,197	32,058
Noncurrent liabilities
Long-term debt, less current maturities	6,443	6,344
Operating lease liabilities, long-term	3,365	3,775
Other long-term liabilities	202	213
Deferred income taxes, net	239	249
Total noncurrent liabilities	10,249	10,581
Total liabilities	29,446	42,639
Commitments and contingencies (Note 10)
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value, 11,250,000 shares authorized, 2,540,626 shares issued and 2,485,708 shares outstanding at March 31, 2024 and 2,482,796 shares issued and 2,443,744 shares outstanding at December 31, 2023	25	25
Additional paid-in capital	445,404	444,638
Accumulated other comprehensive loss	(86,248)	(85,752)
Retained deficit	(263,547)	(265,617)
Treasury stock, at cost, 54,918 shares at March 31, 2024 and 39,052 shares at December 31, 2023	(1,913)	(1,676)
Total stockholders' equity	93,721	91,618
Non-controlling interest	17,758	17,775
Total equity	111,479	109,393
Total liabilities and stockholders' equity	$ 140,925	$ 152,032

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	11,250,000	11,250,000
Common stock, shares issued (in shares)	2,540,626	2,482,796
Common stock, shares outstanding (in shares)	2,485,708	2,443,744
Treasury stock, shares (in shares)	54,918	39,052

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Revenue	$ 43,858	$ 43,554
Cost of sales
Cost of sales, exclusive of depreciationand amortization expense shown below	26,287	25,013
Selling, general and administrative expenses	13,830	16,151
Depreciation	1,073	943
Amortization	167	167
Income from operations	2,501	1,280
Other income (expense)
Interest expense, net	(100)	(209)
Provision for litigation, net of recoveries	0	(17,514)
Other income, net	1,137	292
Foreign currency exchange (loss) gain	(498)	55
Total other income (expense)	539	(17,376)
Income (loss) before income tax	3,040	(16,096)
Income tax expense (benefit)	487	(1,100)
Net income (loss)	2,553	(14,996)
Net income (loss) attributable to non-controlling interest	483	(27)
Net income (loss) attributable to NCS Multistage Holdings, Inc.	$ 2,070	$ (14,969)
Earnings (loss) per common share
Basic earnings (loss) per common share attributable to NCS Multistage Holdings, Inc. (in dollars per share)	$ 0.83	$ (6.1)
Diluted earnings (loss) per common share attributable to NCS Multistage Holdings, Inc. (in dollars per share)	$ 0.82	$ (6.1)
Weighted average common shares outstanding
Basic (in shares)	2,508	2,452
Diluted (in shares)	2,539	2,452
Product [Member]
Revenues
Revenue	$ 31,758	$ 31,430
Cost of sales
Cost of sales, exclusive of depreciationand amortization expense shown below	19,692	18,833
Service [Member]
Revenues
Revenue	12,100	12,124
Cost of sales
Cost of sales, exclusive of depreciationand amortization expense shown below	$ 6,595	$ 6,180

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net income (loss)	$ 2,553	$ (14,996)
Foreign currency translation adjustments, net of tax of $0	(496)	(99)
Comprehensive income (loss)	2,057	(15,095)
Less: Comprehensive income (loss) attributable to non-controlling interest	483	(27)
Comprehensive income (loss) attributable to NCS Multistage Holdings, Inc.	$ 1,574	$ (15,068)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Foreign currency translation adjustments, tax	$ 0	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Noncontrolling Interest [Member]	Total
Balances (in shares) at Dec. 31, 2022	0	2,434,809				(26,335)
Balances at Dec. 31, 2022	$ 0	$ 24	$ 440,475	$ (85,617)	$ (262,464)	$ (1,389)	$ 18,233	$ 109,262
Share-based compensation	0	0	913	0	0	0	0	913
Net income (loss)	$ 0	$ 0	0	0	(14,969)	$ 0	(27)	(14,996)
Vesting of restricted stock (in shares)	0	41,489				0
Vesting of restricted stock	$ 0	$ 1	(1)	0	0	$ 0	0	0
Shares withheld (in shares)	0	0				(11,086)
Shares withheld	$ 0	$ 0	0	0	0	$ (264)	0	(264)
Foreign currency translation adjustments, net of tax of $0	$ 0	$ 0	0	(99)	0	$ 0	0	(99)
Balances (in shares) at Mar. 31, 2023	0	2,476,298				(37,421)
Balances at Mar. 31, 2023	$ 0	$ 25	441,387	(85,716)	(277,433)	$ (1,653)	18,206	94,816
Balances (in shares) at Dec. 31, 2023	0	2,482,796				(39,052)
Balances at Dec. 31, 2023	$ 0	$ 25	444,638	(85,752)	(265,617)	$ (1,676)	17,775	109,393
Share-based compensation	0	0	766	0	0	0	0	766
Net income (loss)	0	0	0	0	2,070	0	483	2,553
Distribution to noncontrolling interest	$ 0	$ 0	0	0	0	$ 0	(500)	(500)
Vesting of restricted stock (in shares)	0	57,830				0
Vesting of restricted stock	$ 0	$ 0	0	0	0	$ 0	0	0
Shares withheld (in shares)	0	0				(15,866)
Shares withheld	$ 0	$ 0	0	0	0	$ (237)	0	(237)
Foreign currency translation adjustments, net of tax of $0	$ 0	$ 0	0	(496)	0	$ 0	0	(496)
Balances (in shares) at Mar. 31, 2024	0	2,540,626				(54,918)
Balances at Mar. 31, 2024	$ 0	$ 25	$ 445,404	$ (86,248)	$ (263,547)	$ (1,913)	$ 17,758	$ 111,479

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income (loss)	$ 2,553	$ (14,996)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	1,240	1,110
Amortization of deferred loan costs	51	51
Share-based compensation	902	1,265
Provision for inventory obsolescence	316	104
Deferred income tax expense	5	23
Gain on sale of property and equipment	(172)	(83)
Provision for litigation, net of recoveries	0	17,514
Net foreign currency unrealized loss (gain)	373	(205)
Proceeds from note receivable	61	229
Changes in operating assets and liabilities:
Accounts receivable—trade	(10,282)	(1,917)
Inventories, net	1,521	(3,786)
Prepaid expenses and other assets	29	933
Accounts payable—trade	2,355	831
Accrued expenses	130	274
Other liabilities	(1,339)	(1,719)
Income taxes receivable/payable	377	(1,179)
Net cash used in operating activities	(1,880)	(1,551)
Cash flows from investing activities
Purchases of property and equipment	(299)	(503)
Purchase and development of software and technology	(13)	(61)
Proceeds from sales of property and equipment	176	84
Net cash used in investing activities	(136)	(480)
Cash flows from financing activities
Payments on finance leases	(449)	(387)
Line of credit borrowings	1,158	3,581
Payments of line of credit borrowings	(602)	(3,349)
Treasury shares withheld	(237)	(264)
Distribution to noncontrolling interest	(500)	0
Net cash used in financing activities	(630)	(419)
Effect of exchange rate changes on cash and cash equivalents	(70)	(151)
Net change in cash and cash equivalents	(2,716)	(2,601)
Cash and cash equivalents beginning of period	16,720	16,234
Cash and cash equivalents end of period	14,004	13,633
Noncash investing and financing activities
Assets obtained in exchange for new finance lease liabilities	696	629
Assets obtained in exchange for new operating lease liabilities	$ 0	$ 38

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Basis of Presentation Nature of Business NCS Multistage Holdings, Inc., a Delaware corporation, through its wholly owned subsidiaries and subsidiaries for which it has a controlling voting interest (collectively referred to as the “Company,” “NCS,” “we,” “our” Basis of Presentation Our accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10 8 X 1934, not 10 December 31, 2023 not no Significant Accounting Policies Our significant accounting policies are described in “Note 2. Recent Accounting Pronouncements In December 2023, No. 2023 09, Income Taxes (Topic 740 December 15, 2024 not In November 2023, No. 2023 07, Segment Reporting (Topic 280 December 15, 2023, December 15, 2024,

Note 2 - Segment and Geographic

Note 2 - Segment and Geographic Information	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 2. Segment and Geographic Information We have determined that we operate in one reportable segment that has been identified based on how our chief operating decision maker manages our business. We aggregate revenue for presentation based on qualitative factors including the nature of the products and services, the nature and commonality of production processes, a shared customer base primarily in North America, the scope of geographic operations and a common industry and regulatory environment. However, we present revenue on a geographic basis, segregated between product sale and service revenues. The following table summarizes revenue by geographic area attributed based on the current billing address of the customer (in thousands): Three Months Ended March 31, 2024 2023 United States Product sales $ 7,767 $ 8,060 Services 2,244 3,259 Total United States 10,011 11,319 Canada Product sales 22,675 22,561 Services 8,994 8,110 Total Canada 31,669 30,671 Other Countries Product sales 1,316 809 Services 862 755 Total other countries 2,178 1,564 Total Product sales 31,758 31,430 Services 12,100 12,124 Total revenues $ 43,858 $ 43,554

Note 3 - Revenues

Note 3 - Revenues	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 3. Revenues Disaggregation of Revenue We sell our products and services primarily in North America and in selected international markets. See above "Note 2. Contract Balances If the timing of the delivery of products and provision of services is different from the timing of the customer payments, we recognize either a contract asset (performance precedes contractual due date in connection with estimates of variable consideration) or a contract liability (customer payment precedes performance) on our condensed consolidated balance sheet. The following table presents the current contract liabilities as of March 31, 2024 December 31, 2023 Balance at December 31, 2023 $ 460 Additions 88 Revenue recognized (326 ) Balance at March 31, 2024 $ 222 We currently do not March 31, 2024 December 31, 2023 may three March 31, 2024 three March 31, 2023. Practical Expedient We do not one

Note 4 - Inventories, Net

Note 4 - Inventories, Net	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 4. Inventories, net Inventories consist of the following as of March 31, 2024 December 31, 2023 March 31, December 31, 2024 2023 Raw materials $ 2,252 $ 2,395 Work in process 361 559 Finished goods 36,624 38,658 Total inventories, net $ 39,237 $ 41,612

Note 5 - Other Current Receivab

Note 5 - Other Current Receivables	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Other Current Receivables [Text Block]	Note 5. Other Current Receivables Other current receivables consist of the following as of March 31, 2024 December 31, 2023 March 31, December 31, 2024 2023 Current income tax receivables $ 1,016 $ 1,418 Employee receivables 201 249 Other receivables 2,848 2,375 Total other current receivables $ 4,065 $ 4,042 Employee receivables primarily consist of amounts paid by us for foreign withholding tax paid on behalf of employees working on international assignments, which is expected to be reimbursed to us by the employees when refunded as foreign tax credits on their home-country tax returns. As of March 31, 2024 December 31, 2023 2023. 2024. March 31, 2024 December 31, 2023. March 31, 2024 December 31, 2023 December 31, 2023, March 31, 2024, three

Note 6 - Property and Equipment

Note 6 - Property and Equipment	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 6. Property and Equipment Property and equipment by major asset class consist of the following as of March 31, 2024 December 31, 2023 March 31, December 31, 2024 2023 Land $ 1,597 $ 1,630 Building and improvements 7,519 7,742 Machinery and equipment 19,693 19,378 Computers and software 2,599 2,408 Furniture and fixtures 710 722 Vehicles 264 265 Right of use assets - finance leases 12,689 12,709 Service equipment 57 57 45,128 44,911 Less: Accumulated depreciation and amortization (22,643 ) (21,912 ) 22,485 22,999 Construction in progress 658 337 Property and equipment, net $ 23,143 $ 23,336 The following table presents the depreciation expense associated with the respective income statement line items for the three March 31, 2024 2023 Three Months Ended March 31, 2024 2023 Cost of sales Cost of product sales $ 468 $ 362 Cost of services 148 154 Selling, general and administrative expenses 457 427 Total depreciation $ 1,073 $ 943 We evaluate our property and equipment for impairment whenever changes in circumstances indicate that the carrying amount of an asset group may not no three March 31, 2024 2023

Note 7 - Goodwill and Identifia

Note 7 - Goodwill and Identifiable Intangibles	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7. Goodwill and Identifiable Intangibles The carrying amount of goodwill is summarized as follows (in thousands): March 31, December 31, 2024 2023 Gross value $ 177,162 $ 177,162 Accumulated impairment (161,940 ) (161,940 ) Net $ 15,222 $ 15,222 We perform an annual impairment analysis of goodwill as of December 31, may March 31, 2024 2023 not three March 31, 2024 2023 Identifiable intangibles by major asset class consist of the following (in thousands): March 31, 2024 Estimated Gross Useful Carrying Accumulated Net Lives (Years) Amount Amortization Balance Technology 1 - 20 $ 3,958 $ (928 ) $ 3,030 Customer relationships 10 4,100 (2,938 ) 1,162 Total amortizable intangible assets 8,058 (3,866 ) 4,192 Technology - not subject to amortization Indefinite 48 — 48 Total identifiable intangibles $ 8,106 $ (3,866 ) $ 4,240 December 31, 2023 Estimated Gross Useful Carrying Accumulated Net Lives (Years) Amount Amortization Balance Technology 1 - 20 $ 3,958 $ (863 ) $ 3,095 Customer relationships 10 4,100 (2,836 ) 1,264 Total amortizable intangible assets 8,058 (3,699 ) 4,359 Technology - not subject to amortization Indefinite 48 — 48 Total identifiable intangibles $ 8,106 $ (3,699 ) $ 4,407 Total amortization expense, which is associated with selling, general and administrative expenses on the condensed consolidated statements of operations, was $0.2 million for each of the three March 31, 2024 2023 Identifiable intangibles are tested for impairment whenever events or changes in circumstances indicate that their carrying amount may not March 31, 2024 no not three March 31, 2024 2023

Note 8 - Accrued Expenses

Note 8 - Accrued Expenses	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	Note 8. Accrued Expenses Accrued expenses consist of the following as of March 31, 2024 December 31, 2023 March 31, December 31, 2024 2023 Accrued payroll and bonus $ 2,786 $ 2,255 Property and franchise taxes accrual 331 251 Severance and other termination benefits 170 436 Accrued other miscellaneous liabilities 527 760 Total accrued expenses $ 3,814 $ 3,702 As previously disclosed in our Annual Report, we implemented certain restructuring efforts during 2023 July 2023, 2023. 2023 three March 31, 2024 March 31, 2024 July 2024.

Note 9 - Debt

Note 9 - Debt	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9 . Debt Our long-term debt consists of the following as of March 31, 2024 December 31, 2023 March 31, December 31, 2024 2023 ABL Facility $ — $ — Repeat Precision Promissory Note 556 — Finance leases 8,328 8,156 Total debt 8,884 8,156 Less: current portion (2,441 ) (1,812 ) Long-term debt $ 6,443 $ 6,344 The estimated fair value of total debt as of March 31, 2024 December 31, 2023 2 Below is a description of our financing arrangements. ABL Facility On May 3, 2022, May 3, 2022, May 3, 2022, April 16, 2024, first may The ABL Facility consists of a revolving credit facility in an aggregate principal amount of $35.0 million made available to borrowers, of which up to $10.0 million may may may not March 31, 2024 May 3, 2027. March 31, 2024 December 31, 2023 Borrowings under the ABL Facility may March 31, 2024 three March 31, 2024 2023 The obligations of the borrowers under the ABL Facility are guaranteed by NCSH and each of our U.S. and Canadian subsidiaries (other than Repeat Precision), as well as each of our future direct and indirect subsidiaries organized under the laws of the United States or Canada (subject to certain exceptions), and are secured by substantially all of the assets of NCSH and its subsidiaries, in each case, subject to certain exceptions and permitted liens. The Credit Agreement requires, as a condition to borrowing, that available cash on hand after borrowings does not 1.0 March 31, 2024 The Credit Agreement includes customary events of default for facilities of this type (with customary materiality thresholds and grace periods, as applicable). If an event of default occurs, the lenders party to the Credit Agreement may We capitalized direct costs of $1.0 million in connection with the Credit Agreement, which are being amortized over the term of the ABL Facility using the straight-line method. Amortization of the deferred financing charges of $0.1 million for each of the three March 31, 2024 2023 Repeat Precision Promissory Note On February 16, 2018, August 10, 2024. March 31, 2024 may March 31, 2024 December 31, 2023, not Finance Leases We lease assets under finance lease arrangements including an office and laboratory in Tulsa, Oklahoma, as well as facilities in Odessa, Texas, and certain operating equipment and software. We also maintain a vehicle leasing arrangement with a fleet management company through which we lease light vehicles and trucks that meet the finance lease criteria.

Note 10 - Commitment and Contin

Note 10 - Commitment and Contingencies	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 10. Commitments and Contingencies Litigation In the ordinary course of our business, from time to time, we have various claims, lawsuits and administrative proceedings that are pending or threatened with respect to commercial, intellectual property and employee matters. Texas Matter NCS was a defendant in a lawsuit in the District Court of Winkler County, Texas (the “Texas Matter”) that was settled in December 2023, no September 2019 et. al. claiming damage to their wells in 2018 third May 2023, three March 31, 2023. 2023, fourth 2023, December 31, 2023, 2024, January 2024. Canada Patent Matters ● On July 24, 2018, 2039974 July 12, 2019, 2022. On October 10, 2023, November 2023. We believe that applicable law supports strong grounds to appeal the decision by the Canada Court as well as to reduce the costs award significantly. We have appealed the judgment and believe we have strong arguments that may may 2024, 2025. not not no ● On April 6, 2020, not not not Other Patent Matters In connection with our patent infringement jury verdict against Nine Energy Services, Inc. (“Nine”), the Western District of Texas, Waco Division (“Waco District Court”) entered final judgment in June 2022 No. 10,465,445 ’445 December 2022, ’445 August 2022 ’445 May 2024. not In accordance with GAAP, we accrue for contingencies where the occurrence of a material loss is probable and can be reasonably estimated. Our legal contingencies may

Note 11 - Share-based Compensat

Note 11 - Share-based Compensation	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 11. Share-Based Compensation During the three March 31, 2024 one thirty During the three March 31, 2024 three not In addition, during the three March 31, 2024 January 1, 2024 December 31, 2026. three March 2024 zero first 2027. 25th 50% 50th 100% 75th 125% Total share-based compensation expense for all awards was $0.9 million and $1.3 million for the three March 31, 2024 2023

Note 12 - Income Taxes

Note 12 - Income Taxes	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 12. Income Taxes The computation of the annual estimated effective tax rate at each interim period requires certain estimates and assumptions including, but not may not Our effective tax rate (“ETR”) from continuing operations was 16.0% and 6.8% for the three March 31, 2024 2023 three March 31, 2024 2023, three March 31, 2024 2023 not three March 31, 2024 2023 three March 31, 2024 2023,

Note 13- Earnings (Loss) Per Co

Note 13- Earnings (Loss) Per Common Share	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 13. Earnings (Loss) Per Co The following table presents the reconciliation of the numerator and denominator for calculating earnings (loss) per common share from net income (loss) (in thousands, except per share data): Three Months Ended March 31, 2024 2023 Numerator Net income (loss) $ 2,553 $ (14,996 ) Less: income (loss) attributable to non-controlling interest 483 (27 ) Net income (loss) attributable to NCS Multistage Holdings, Inc. $ 2,070 $ (14,969 ) Denominator Basic weighted average number of shares 2,508 2,452 Dilutive effect of stock options, RSUs and PSUs 31 — Diluted weighted average number of shares 2,539 2,452 Earnings (loss) per common share Basic $ 0.83 $ (6.10 ) Diluted $ 0.82 $ (6.10 ) Potentially dilutive securities excluded as anti-dilutive 74 154

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	5. Other Information During the quarter ended March 31, 2024, no 10b5 1 10b5 1 408
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation Our accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10 8 X 1934, not 10 December 31, 2023 not no
New Accounting Pronouncements, Policy [Policy Text Block]	Significant Accounting Policies Our significant accounting policies are described in “Note 2. Recent Accounting Pronouncements In December 2023, No. 2023 09, Income Taxes (Topic 740 December 15, 2024 not In November 2023, No. 2023 07, Segment Reporting (Topic 280 December 15, 2023, December 15, 2024,

Note 2 - Segment and Geograph_2

Note 2 - Segment and Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2024 2023 United States Product sales $ 7,767 $ 8,060 Services 2,244 3,259 Total United States 10,011 11,319 Canada Product sales 22,675 22,561 Services 8,994 8,110 Total Canada 31,669 30,671 Other Countries Product sales 1,316 809 Services 862 755 Total other countries 2,178 1,564 Total Product sales 31,758 31,430 Services 12,100 12,124 Total revenues $ 43,858 $ 43,554

Note 3 - Revenues (Tables)

Note 3 - Revenues (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Balance at December 31, 2023 $ 460 Additions 88 Revenue recognized (326 ) Balance at March 31, 2024 $ 222

Note 4 - Inventories, Net (Tabl

Note 4 - Inventories, Net (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, December 31, 2024 2023 Raw materials $ 2,252 $ 2,395 Work in process 361 559 Finished goods 36,624 38,658 Total inventories, net $ 39,237 $ 41,612

Note 5 - Other Current Receiv_2

Note 5 - Other Current Receivables (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Other Current Receivables [Table Text Block]	March 31, December 31, 2024 2023 Current income tax receivables $ 1,016 $ 1,418 Employee receivables 201 249 Other receivables 2,848 2,375 Total other current receivables $ 4,065 $ 4,042

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, December 31, 2024 2023 Land $ 1,597 $ 1,630 Building and improvements 7,519 7,742 Machinery and equipment 19,693 19,378 Computers and software 2,599 2,408 Furniture and fixtures 710 722 Vehicles 264 265 Right of use assets - finance leases 12,689 12,709 Service equipment 57 57 45,128 44,911 Less: Accumulated depreciation and amortization (22,643 ) (21,912 ) 22,485 22,999 Construction in progress 658 337 Property and equipment, net $ 23,143 $ 23,336
Schedule of Depreciation [Table Text Block]	Three Months Ended March 31, 2024 2023 Cost of sales Cost of product sales $ 468 $ 362 Cost of services 148 154 Selling, general and administrative expenses 457 427 Total depreciation $ 1,073 $ 943

Note 7 - Goodwill and Identif_2

Note 7 - Goodwill and Identifiable Intangibles (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	March 31, December 31, 2024 2023 Gross value $ 177,162 $ 177,162 Accumulated impairment (161,940 ) (161,940 ) Net $ 15,222 $ 15,222
Schedule of Intangible Assets and Goodwill [Table Text Block]	March 31, 2024 Estimated Gross Useful Carrying Accumulated Net Lives (Years) Amount Amortization Balance Technology 1 - 20 $ 3,958 $ (928 ) $ 3,030 Customer relationships 10 4,100 (2,938 ) 1,162 Total amortizable intangible assets 8,058 (3,866 ) 4,192 Technology - not subject to amortization Indefinite 48 — 48 Total identifiable intangibles $ 8,106 $ (3,866 ) $ 4,240 December 31, 2023 Estimated Gross Useful Carrying Accumulated Net Lives (Years) Amount Amortization Balance Technology 1 - 20 $ 3,958 $ (863 ) $ 3,095 Customer relationships 10 4,100 (2,836 ) 1,264 Total amortizable intangible assets 8,058 (3,699 ) 4,359 Technology - not subject to amortization Indefinite 48 — 48 Total identifiable intangibles $ 8,106 $ (3,699 ) $ 4,407

Note 8 - Accrued Expenses (Tabl

Note 8 - Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	March 31, December 31, 2024 2023 Accrued payroll and bonus $ 2,786 $ 2,255 Property and franchise taxes accrual 331 251 Severance and other termination benefits 170 436 Accrued other miscellaneous liabilities 527 760 Total accrued expenses $ 3,814 $ 3,702

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Debt [Table Text Block]	March 31, December 31, 2024 2023 ABL Facility $ — $ — Repeat Precision Promissory Note 556 — Finance leases 8,328 8,156 Total debt 8,884 8,156 Less: current portion (2,441 ) (1,812 ) Long-term debt $ 6,443 $ 6,344

Note 13- Earnings (Loss) Per _2

Note 13- Earnings (Loss) Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2024 2023 Numerator Net income (loss) $ 2,553 $ (14,996 ) Less: income (loss) attributable to non-controlling interest 483 (27 ) Net income (loss) attributable to NCS Multistage Holdings, Inc. $ 2,070 $ (14,969 ) Denominator Basic weighted average number of shares 2,508 2,452 Dilutive effect of stock options, RSUs and PSUs 31 — Diluted weighted average number of shares 2,539 2,452 Earnings (loss) per common share Basic $ 0.83 $ (6.10 ) Diluted $ 0.82 $ (6.10 ) Potentially dilutive securities excluded as anti-dilutive 74 154

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	Mar. 31, 2024
Repeat Precision, LLC [Member]
Subsidiary, Ownership Percentage, Parent	50%

Note 2 - Segment and Geograph_3

Note 2 - Segment and Geographic Information (Details Textual)	3 Months Ended
	Mar. 31, 2024
Number of Reportable Segments	1

Note 2 - Segment and Geograph_4

Note 2 - Segment and Geographic Information - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue	$ 43,858	$ 43,554
Product [Member]
Revenue	31,758	31,430
Service [Member]
Revenue	12,100	12,124
UNITED STATES
Revenue	10,011	11,319
UNITED STATES | Product [Member]
Revenue	7,767	8,060
UNITED STATES | Service [Member]
Revenue	2,244	3,259
CANADA
Revenue	31,669	30,671
CANADA | Product [Member]
Revenue	22,675	22,561
CANADA | Service [Member]
Revenue	8,994	8,110
Other Countries [Member]
Revenue	2,178	1,564
Other Countries [Member] | Product [Member]
Revenue	1,316	809
Other Countries [Member] | Service [Member]
Revenue	$ 862	$ 755

Note 3 - Revenues (Details Text

Note 3 - Revenues (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Contract with Customer, Liability, Noncurrent	$ 0
Contract with Customer, Asset, after Allowance for Credit Loss	0
Contract with Customer, Liability, Revenue Recognized	$ 326	$ 0

Note 3 - Revenues - Contract Li

Note 3 - Revenues - Contract Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Beginning balance	$ 460
Additions	88
Revenue recognized	(326)	$ 0
Ending balance	$ 222

Note 4 - Inventories, Net - Sch

Note 4 - Inventories, Net - Schedule of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Raw materials	$ 2,252	$ 2,395
Work in process	361	559
Finished goods	36,624	38,658
Total inventories, net	$ 39,237	$ 41,612

Note 5 - Other Current Receiv_3

Note 5 - Other Current Receivables (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Other Receivables, Net, Current	$ 4,065		$ 4,042
Other Nonoperating Income (Expense)	1,137	$ 292
Technical Services and Assistance Agreement [Member]
Other Receivables, Net, Current	900		900
Other Nonoperating Income (Expense)	300
Non-qualified Deferred Compensation Plan [Member]
Cash Surrender Value of Life Insurance	1,200		1,200
Deferred Compensation Liability, to be Liquidated in Short Term	$ 1,200		$ 1,200

Note 5 - Other Current Receiv_4

Note 5 - Other Current Receivables - Schedule of Other Current Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current income tax receivables	$ 1,016	$ 1,418
Employee receivables	201	249
Other receivables	2,848	2,375
Total other current receivables	$ 4,065	$ 4,042

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Tangible Asset Impairment Charges	$ 0	$ 0

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Right of use assets - finance leases	$ 12,689,000	$ 12,709,000
Property and equipment, net	23,143,000	23,336,000
Construction in progress	658,000	337,000
Land [Member]
Property and equipment, gross	1,597,000	1,630,000
Building and Building Improvements [Member]
Property and equipment, gross	7,519,000	7,742,000
Machinery and Equipment [Member]
Property and equipment, gross	19,693,000	19,378,000
Computer Equipment [Member]
Property and equipment, gross	2,599,000	2,408,000
Furniture and Fixtures [Member]
Property and equipment, gross	710,000	722,000
Vehicles [Member]
Property and equipment, gross	264,000	265,000
Service Equipment [Member]
Property and equipment, gross	57,000	57,000
Property and Equipment, Excluding Construction in Progress [Member]
Property and equipment, gross	45,128	44,911
Less: Accumulated depreciation and amortization	(22,643,000)	(21,912,000)
Property and equipment, net	$ 22,485	$ 22,999

Note 6 - Property and Equipme_5

Note 6 - Property and Equipment - Depreciation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Selling, general and administrative expenses	$ 457	$ 427
Total depreciation	1,073	943
Product [Member]
Cost of sales	468	362
Service [Member]
Cost of sales	$ 148	$ 154

Note 7 - Goodwill and Identif_3

Note 7 - Goodwill and Identifiable Intangibles (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Goodwill, Impairment Loss	$ 0	$ 0
Amortization of Intangible Assets	200	200
Impairment of Intangible Assets, Finite-Lived	$ 0	$ 0

Note 7 - Goodwill and Identif_4

Note 7 - Goodwill and Identifiable Intangibles - Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Gross value	$ 177,162	$ 177,162
Accumulated impairment	(161,940)	(161,940)
Net	$ 15,222	$ 15,222

Note 7 - Goodwill and Identif_5

Note 7 - Goodwill and Identifiable Intangibles - Identifiable Intangibles By Major Asset Class (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Amortizable intangible assets, gross	$ 8,058	$ 8,058
Amortizable intangible assets, accumulated amortization	(3,866)	(3,699)
Amortizable intangible assets, net	4,192	4,359
Total identifiable intangibles, gross	8,106	8,106
Total identifiable intangibles, net	4,240	4,407
Technology, Not Subject To Amortization [Member]
Technology - not subject to amortization	48	48
Technology-Based Intangible Assets [Member]
Amortizable intangible assets, gross	3,958	3,958
Amortizable intangible assets, accumulated amortization	(928)	(863)
Amortizable intangible assets, net	$ 3,030	$ 3,095
Technology-Based Intangible Assets [Member] | Minimum [Member]
Estimated useful lives (Year)	1 year	1 year
Technology-Based Intangible Assets [Member] | Maximum [Member]
Estimated useful lives (Year)	20 years	20 years
Customer Relationships [Member]
Estimated useful lives (Year)	10 years	10 years
Amortizable intangible assets, gross	$ 4,100	$ 4,100
Amortizable intangible assets, accumulated amortization	(2,938)	(2,836)
Amortizable intangible assets, net	$ 1,162	$ 1,264

Note 8 - Accrued Expenses (Deta

Note 8 - Accrued Expenses (Details Textual) - Severance and Moving Costs [Member] - Efforts to Streamline Tracer Diagnostics Operations [Member] - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Restructuring Charges		$ 1.9
Payments for Restructuring	$ 0.2	$ 1.1
Restructuring Reserve	$ 0.2

Note 8 - Accrued Expenses - Sch

Note 8 - Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accrued payroll and bonus	$ 2,786	$ 2,255
Property and franchise taxes accrual	331	251
Severance and other termination benefits	170	436
Accrued other miscellaneous liabilities	527	760
Total accrued expenses	$ 3,814	$ 3,702

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) $ in Thousands, $ in Millions			3 Months Ended
	May 03, 2022 USD ($)	Feb. 16, 2018 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	May 03, 2022 CAD ($)
Amortization of Debt Issuance Costs			$ 51	$ 51
Repeat Precision Promissory Note [Member]
Long-Term Debt			$ 556		$ 0
Security State Bank & Trust, Fredericksburg [Member] | Repeat Precision Promissory Note [Member]
Debt Instrument, Interest Rate, Effective Percentage			9.50%
Debt Instrument, Face Amount		$ 4,300
Long-Term Debt			$ 600		0
Security State Bank & Trust, Fredericksburg [Member] | Prime Rate [Member] | Repeat Precision Promissory Note [Member]
Debt Instrument, Basis Spread on Variable Rate		1%
Revolving Credit Facility [Member]
Long-Term Line of Credit			0		0
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 35,000					$ 10
Long-Term Line of Credit			$ 0		0
Debt Instrument, Interest Rate, Effective Percentage			8%
Interest Expense, Debt			$ 100	100
Debt Instrument, Covenant, Maximum Available Cash After Borrowings	$ 10,000
Debt Instrument, Covenant, Maximum Quarterly Liquidity for Fixed Charge Coverage Ratio	20%					20%
Debt Instrument, Covenant, Minimum Fixed Charge Coverage Ratio	1					1
Debt Issuance Costs, Gross	$ 1,000
Amortization of Debt Issuance Costs			100	$ 100
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Minimum [Member]
Line of Credit Facility, Commitment Fee Percentage	0.25%
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Maximum [Member]
Line of Credit Facility, Commitment Fee Percentage	0.50%
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Alternate Base Rate (ABR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.40%
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Alternate Base Rate (ABR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.40%
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Adjusted Daily Simple SOFR, Adjusted Term SOFR Rate, Canadian Prime Rate, and CDOR Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.40%
Revolving Credit Facility [Member] | JPMorgan Chase Bank, N.A. [Member] | Adjusted Daily Simple SOFR, Adjusted Term SOFR Rate, Canadian Prime Rate, and CDOR Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.40%
Letter of Credit [Member] | JPMorgan Chase Bank, N.A. [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 7,500
Line of Credit Facility, Remaining Borrowing Capacity			20,400
Fair Value, Inputs, Level 2 [Member]
Debt Instrument, Fair Value Disclosure			$ 7,800		$ 7,100

Note 9 - Debt - Long-term Debt

Note 9 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Finance leases	$ 8,328	$ 8,156
Total debt	8,884	8,156
Less: current portion	(2,441)	(1,812)
Long-term debt	6,443	6,344
Repeat Precision Promissory Note [Member]
Repeat Precision Promissory Note	556	0
Revolving Credit Facility [Member]
ABL Facility	$ 0	$ 0

Note 10 - Commitment and Cont_2

Note 10 - Commitment and Contingencies (Details Textual) $ in Thousands, $ in Millions				1 Months Ended		3 Months Ended	5 Months Ended
	Oct. 10, 2023 USD ($)	Oct. 10, 2023 CAD ($)	May 02, 2023 USD ($)	Aug. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)
Loss Contingency Accrual						$ 15,000		$ 0
Texas Matter [Member] | Pending Litigation [Member]
Litigation Settlement, Amount Awarded to Other Party			$ 17,500
Loss Contingency Accrual							$ 40,800
Loss Contingency, Damages Paid by Insurance, Value							$ 2,000
Texas Matter [Member] | Pending Litigation [Member] | Maximum [Member]
Litigation Settlement, Amount Awarded to Other Party			$ 42,500
Texas Matter [Member] | Settled Litigation [Member]
Loss Contingency Accrual						15,000
Loss Contingency Accrual (Reversal), Provision						$ (40,800)
Canada Patent Matters [Member] | Settled Litigation [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 1,800	$ 2.5
Patent Infringement Against Nine Energy Services, Inc. [Member] | Pending Litigation [Member]
Litigation Settlement, Amount Awarded from Other Party				$ 1,900	$ 500

Note 11 - Share-based Compens_2

Note 11 - Share-based Compensation (Details Textual) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($) $ / shares shares	Mar. 31, 2023 USD ($)
Share-Based Payment Arrangement, Expense | $	$ 0.9	$ 1.3
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Nonemployee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	24,366
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 15.35
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)	1 year
Equivalent Stock Units (ESUs) [Member] | Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	202,225
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 15.35
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)	3 years
Performance Stock Units (PSUs) [Member] | Share-Based Payment Arrangement, Employee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	56,157
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 15.27
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)	3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentile Relative TSR, Start Earning	25
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentile Relative TSR, Earning 100 Percent	50
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentile Relative TSR, Earning 125 Percent	75
Performance Stock Units (PSUs) [Member] | Share-Based Payment Arrangement, Employee [Member] | Minimum [Member]
Share-based Compensation Award by Share-based Payment Arrangement, Number of Shares Upon Settlement (in shares)	0
Performance Stock Units (PSUs) [Member] | Share-Based Payment Arrangement, Employee [Member] | Maximum [Member]
Share-based Compensation Award by Share-based Payment Arrangement, Number of Shares Upon Settlement (in shares)	1.25

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Effective Income Tax Rate Reconciliation, Percent	16%	6.80%

Note 13 - Earnings (Loss) Per C

Note 13 - Earnings (Loss) Per Common Share - Calculation of Earnings (Loss) Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net income (loss)	$ 2,553	$ (14,996)
Net income (loss) attributable to non-controlling interest	483	(27)
Net income (loss) attributable to NCS Multistage Holdings, Inc.	$ 2,070	$ (14,969)
Basic (in shares)	2,508	2,452
Dilutive effect of stock options, RSUs and PSUs (in shares)	31	0
Diluted weighted average number of shares (in shares)	2,539	2,452
Basic earnings (loss) per common share attributable to NCS Multistage Holdings, Inc. (in dollars per share)	$ 0.83	$ (6.1)
Diluted earnings (loss) per common share attributable to NCS Multistage Holdings, Inc. (in dollars per share)	$ 0.82	$ (6.1)
Potentially dilutive securities excluded as anti-dilutive (in shares)	74	154