螺旋能源 2025年季度报告

TABLE OF CONTENTS PART I.FINANCIAL INFORMATION Item1.Financial Statements: Condensed Consolidated Balance Sheets – March31, 2025 (Unaudited) andDecember31, 2024Condensed Consolidated Statements of Operations (Unaudited) – Three monthsended March31, 2025 and 2024Condensed Consolidated Statements of Comprehensive Income (Loss)(Unaudited) – Three months ended March 31, 2025 and 2024Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) –Three months ended March31, 2025 and 2024Condensed Consolidated Statements of Cash Flows (Unaudited) – Threemonths ended March31, 2025 and 2024Notes to Condensed Consolidated Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results ofOperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures PARTI. FINANCIAL INFORMATION HELIX ENERGY SOLUTIONS GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED) HELIX ENERGY SOLUTIONS GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) HELIX ENERGY SOLUTIONS GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED) HELIX ENERGY SOLUTIONS GROUP,INC. AND SUBSIDIARIESNOTESTO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) Note1— Basis of Presentation and New Accounting Standards The accompanying condensed consolidated financial statements include the accounts of HelixEnergy Solutions Group,Inc. and its subsidiaries (collectively, “Helix”). Unless the context indicatesotherwise, the terms “we,” “us” and “our” in this report refer collectively to Helix and its subsidiaries. Allmaterial intercompany accounts and transactions have been eliminated. These unaudited condensedconsolidated financial statements in U.S. dollars have been prepared in accordance with instructions The preparation of these financial statements requires us to make estimates and judgmentsthat affect the amounts reported in the financial statements and the related disclosures. Actual resultsmay differ from our estimates. We have made all adjustments, which, unless otherwise disclosed, areof normal recurring nature, that we believe are necessary for a fair presentation of the condensedconsolidated balance sheets, statements of operations, statements of comprehensive loss, statementsof shareholders’ equity and statements of cash flows, as applicable. The operating results for the three-month period ended March31, 2025 are not necessarily indicative of the results that may be expected Certain reclassifications were made to previously reported amounts in the consolidatedfinancial statements and notes thereto to make them consistent with the current presentation format. New accounting standards In November2023, the Financial Accounting Standards Board (the “FASB”) issued AccountingStandards Update (“ASU”) No.2023-07, “Improvements to Reportable Segment Disclosures,” whichrequires entities to disclose, on an annual and interim basis, significant segment expenses that areregularly provided to the chief operating decision maker (the “CODM”) and included within eachreported measure of segment profit or loss as well as an amount for other segment items by reportablesegment and a description of its composition. ASU No.2023-07 requires all annual disclosures about areportable segment’s profit or loss and assets to be provided in interim periods as well. Among other In December2023, the FASB issued ASU No.2023-09, “Improvements to Income TaxDisclosures,” which requires entities to disclose, on an annual basis, specific categories in a tabularrate reconciliation using both percentages and reporting currency amounts and to provide additionalinformation for reconciling items that meet a quantitative threshold. This ASU also requires that entitiesdisclose on an annual basis: a) income taxes paid (net) disaggregated by federal, state and foreigntaxes; b) income taxes paid (net) by individual jurisdiction; c) income (or loss) from continuingoperations before income tax expense (or benefit) between domestic and foreign; and d) income tax Table of Contents In November2024, the FASB issued ASU No.2024-03, “Disaggregation of Income StatementExpenses,” which requires entities to disclose, on an annual and interim basis, specified informationabout certain costs and expenses: a) the amounts of (i) purchases of inventory, (ii) employeecompensation, (iii) depreciation, (iv) intangible asset amortization, and (v) depreciation, depletion, andamortization recognized as part of oil and gas-producing activities (or other amounts of depletionexpense) included in each relevant expense caption; b) certain amounts that are already req