ULTRALIFE CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $82.5m $85.5m $87.2m $106.8m $107.7m $98.3m $131.8m $158.6m $164.5m $191.2m
Revenue from Contract with Customer, Including Assessed Tax $82.5m $85.5m $87.2m $106.8m $107.7m $98.3m $131.8m $158.6m $164.5m $191.2m
Cost of Goods and Services Sold $57.4m $59.3m $61.6m $75.6m $78.6m $73.6m $102.4m $119.4m $122.1m $145.1m
Gross Profit $25.1m $26.2m $25.6m $31.2m $29.2m $24.6m $29.4m $39.2m $42.3m $46.0m
Operating Expenses $21.3m $19.8m $19.0m $23.8m $23.5m $24.6m $29.3m $29.7m $32.3m $51.9m
Operating Income (Loss) $3.8m $6.5m $6.6m $7.4m $5.7m $35k $129k $9.5m $10.0m ($5.9m)
Additional Financial Items
Amortization of Intangible Assets $503k $422k $397k $525k $595k $633k $1.3m $889k $1.0m $1.5m
Foreign Currency Transaction Gain (Loss), before Tax $86k ($10k)
Gain (Loss) Related to Litigation Settlement $1.6m $0
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $2.8m $4.8m $6.2m $6.0m $6.6m ($704k) ($2.8m) $7.3m $7.0m ($5.9m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $3.6m $6.3m $6.6m $6.8m $7.0m ($151k) ($446k) $9.1m $8.3m ($8.4m)
Net Income (Loss) Attributable to Parent $3.5m $7.6m $24.9m $5.2m $5.2m ($234k) ($119k) $7.2m $6.3m ($5.9m)
Net Income (Loss) Attributable to Noncontrolling Interest ($27k) $16k $69k $109k $99k $4k ($1k) ($31k) $97k ($53k)
Earnings Per Share, Basic $0.23 $0.49 $1.57 $0.33 $33.00 ($0.01) $0.03 $0.03 $0.38 ($35.00)
Earnings Per Share, Diluted $0.23 $0.48 $1.53 $0.32 $33.00 ($0.01) $0.03 $0.03 $0.38 ($35.00)
Weighted Average Number of Shares Outstanding, Basic 15k 15.5m 16k 15.8m 15.9m 16k 16.1m 16.2m 16.6m 16.6m
Weighted Average Number of Shares Outstanding, Diluted 15k 15.9m 16k 16.2m 16.1m 16k 16.1m 16.2m 16.8m 16.6m
Selling, General and Administrative Expense $15.4m $15.0m $14.5m $17.0m $17.5m $17.8m $22.2m $22.2m $24.1m $29.3m
Other Nonoperating Income (Expense) $80k $2k $121k ($58k) $165k $56k $376k $1.7m $276k $1.5m
Current Income Tax Expense (Benefit) ($37k) $300k $257k $246k $306k $226k $636k $650k $660k $94k
Nonoperating Income (Expense) $58k $597k $1.3m ($186k) ($575k) ($358k) ($1.7m) ($2.5m)
Research and Development Expense $5.9m $4.7m $4.5m $6.8m $5.9m $6.8m $7.1m $7.5m $8.3m $10.4m
Income Tax Expense (Benefit) $98k ($1.4m) ($18.4m) $1.5m $1.7m $79k ($326k) $2.0m $1.9m ($2.4m)