Clearfield, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $28.0m $18.5m $8.5m $10.1m $16.4m $13.2m $16.6m $37.8m $16.2m $21.5m
Short-term Investments $5.5m $5.9m $8.9m $13.5m $10.6m $10.4m $5.8m $130.3m $114.8m $84.5m
Inventory, Net $8.4m $8.5m $10.1m $9.0m $14.4m $27.5m $82.2m $98.1m $66.8m $42.0m
Assets, Current $51.1m $41.1m $41.1m $42.5m $52.5m $71.5m $160.1m $296.3m $229.6m $198.5m
Property, Plant and Equipment, Net $5.8m $5.4m $4.7m $5.4m $5.1m $5.0m $18.2m $21.5m $24.0m $9.7m
Goodwill $2.6m $2.6m $4.7m $4.7m $4.7m $4.7m $6.4m $6.5m $6.6m $4.7m
Intangible Assets, Net (Excluding Goodwill) $5.5m $5.1m $4.8m $4.7m $6.4m $6.1m $6.3m $9.4m
Operating Lease, Right-of-Use Asset $2.5m $2.3m $13.3m $13.9m $15.8m $8.4m
Other Assets, Noncurrent $428k $530k $227k $211k $267k $419k $582k $1.9m $2.3m $608k
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $8.0m $7.2m $12.8m $9.1m $10.5m $19.4m $53.7m $28.4m $21.3m $18.0m
Accrued Liabilities, Current $75k $93k $569k $209k $1.2m $1.6m $6.2m $2.4m $4.4m $2.2m
Assets $70.6m $69.5m $74.2m $81.9m $95.3m $125.9m $229.1m $355.5m $315.3m $306.2m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $666k $915k $3.4m $3.7m $3.4m $2.8m
Accounts Payable, Current $2.6m $1.7m $2.4m $3.2m $3.7m $9.2m $24.1m $8.9m $6.7m $7.0m
Operating Lease, Liability, Noncurrent $2.1m $1.6m $10.4m $10.6m $12.8m $5.9m
Liabilities, Current $7.3m $4.2m $5.0m $6.6m $10.4m $20.5m $51.7m $29.0m $24.4m $36.6m
Deferred Income Tax Liabilities, Net $774k $721k $161k
Deferred Tax Liabilities, Net $412k $444k $105k $102k
Liabilities $8.0m $5.0m $5.4m $7.0m $12.5m $22.1m $81.5m $40.4m $39.5m $50.0m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $141k $138k $136k $136k $136k $137k $138k $153k $142k $138k
Additional Paid in Capital $57.3m $55.4m $55.5m $57.0m $57.5m $58.2m $54.5m $188.2m $159.6m $147.4m
Retained Earnings (Accumulated Deficit) $5.1m $9.0m $13.3m $17.8m $25.1m $45.4m $94.8m $127.3m $115.0m $106.9m
Accumulated Other Comprehensive Income (Loss), Net of Tax $0 ($1.9m) ($544k) $1.1m $1.7m
Stockholders' Equity Attributable to Parent $62.6m $64.5m $68.9m $74.9m $82.8m $103.8m $147.6m $315.2m $275.8m $256.2m
Liabilities and Equity $70.6m $69.5m $74.2m $81.9m $95.3m $125.9m $229.1m $355.5m $315.3m $306.2m