Drilling Tools International Corporation manufactures, rents, inspects, and refurbishes downhole drilling tools for oil and natural gas companies operating in onshore and offshore horizontal and directional drilling. The Company generates revenue through two primary streams: tool rental services (including inspection and repair), which comprise the largest portion of revenue and are contracted on daily, monthly, per-well, or footage-based terms, and product sales including charges for damaged or lost-in-hole equipment, drill bit manufacturing and refurbishment, and made-to-order products. The Company's revenues depend primarily on oil and gas industry activity levels, such as the number of active drilling rigs and wells drilled, which are influenced by commodity prices, investor sentiment, and capital availability, while it competes on pricing and service capability across both North American and international markets.