NORTECH SYSTEMS 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 $268k $473k $480k $351k $352k $643k $1.0m $960k $916k $1.7m
Prepaid Expense and Other Assets, Current $1.4m $2.1m $2.0m $1.7m $1.3m $1.7m $4.1m $1.6m
Inventory, Net $20.7m $18.5m $17.0m $14.3m $13.9m $19.4m $22.4m $21.7m $21.6m $20.7m
Assets, Current $39.5m $37.8m $45.9m $43.3m $41.0m $51.8m $54.9m $58.8m $55.3m $56.1m
Property, Plant and Equipment, Net $10.3m $10.2m $10.2m $9.6m $6.4m $5.8m $6.4m $6.5m $6.2m $5.2m
Goodwill $3.3m $2.4m $2.4m $2.4m
Operating Lease, Right-of-Use Asset $4.8m $9.0m $9.0m $7.8m $6.9m $8.1m $7.0m
Other Assets, Noncurrent $8k $8k $28k
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $17.3m $17.4m $20.1m $18.6m $15.6m $14.5m $16.0m $19.3m $14.9m $17.0m
Assets $55.5m $52.1m $60.0m $61.4m $57.6m $67.1m $69.5m $75.1m $72.4m $71.9m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $858k $688k $1.0m $1.2m $1.0m $1.2m $1.3m
Accounts Payable, Current $13.8m $11.7m $18.1m $14.0m $11.2m $12.7m $14.8m $15.9m $11.6m $12.8m
Operating Lease, Liability, Noncurrent $4.4m $8.9m $8.7m $7.5m $6.8m $7.8m $6.5m
Long-term Debt, Excluding Current Maturities $4.9m $4.4m $3.6m $3.2m $5.9m $9.0m $6.9m $5.8m $311k $626k
Long-term Debt, Current Maturities $1.6m $1.0m $780k $444k $1.2m $0
Liabilities, Current $20.3m $18.0m $24.9m $22.2m $19.5m $22.3m $26.4m $26.6m $21.4m $29.8m
Other Liabilities, Noncurrent $689k $138k $139k $118k $146k $104k $95k $414k $284k $426k
Liabilities $33.2m $32.3m $38.9m $41.4m $38.9m $41.0m $41.5m $39.8m $38.4m $37.4m
Stockholders’ equity:
Preferred Stock, Value, Issued $250k $250k $250k $250k $250k $250k $250k $250k $250k $250k
Common Stock, Value, Issued $27k $27k $27k $27k $27k $27k $27k $27k $28k $28k
Additional Paid in Capital $15.7m $15.8m $15.6m $15.7m $15.8m $16.0m $16.3m $16.9m $17.3m $17.9m
Retained Earnings (Accumulated Deficit) $6.3m $3.9m $5.4m $4.2m $2.7m $9.8m $11.8m $18.7m $17.4m $17.1m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($44k) ($101k) ($233k) ($257k) ($37k) $56k ($370k) ($532k) ($977k) ($709k)
Stockholders' Equity Attributable to Parent $22.3m $19.8m $21.1m $20.0m $18.7m $26.1m $28.1m $35.3m $34.0m $34.5m
Liabilities and Equity $55.5m $52.1m $60.0m $61.4m $57.6m $67.1m $69.5m $75.1m $72.4m $71.9m