The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net sales | 118,365 |
| Cost of goods sold | 100,359 |
| Gross profit | 18,006 |
| Selling | 4,803 |
| General and administrative | 10,790 |
| Research and development | 1,172 |
| Restructuring charges | 266 |
| Total operating expenses | 17,031 |
| Income (loss) from operations | 975 |
| Interest expense | 964 |
| Income (loss) before income taxes | 11 |
| Income tax expense | 263 |
| Net loss | -252 |
| Depreciation | 1,270 |
| Amortization | 18 |
| Compensation on stock-based awards | 503 |
| Deferred taxes | -558 |
| Change in accounts receivable allowance | 35 |
| Change in inventory reserves | -401 |
| Accounts receivable | 1,951 |
| Inventories | -485 |
| Contract assets | 1,393 |
| Prepaid expenses and other assets | -2,482 |
| Income taxes | -29 |
| Accounts payable | 1,346 |
| Accrued payroll and commissions | -30 |
| Customer deposits | 244 |
| Other accrued liabilities | 242 |
| Net cash provided by (used in) operating activities | 2,743 |
| Proceeds from sale of property and equipment | 504 |
| Purchases of property and equipment | 661 |
| Net cash used in investing activities | -157 |
| Proceeds from line of credit | 101,785 |
| Payments to line of credit | 103,480 |
| Principal payments on financing leases | 195 |
| Stock award exercises | 23 |
| Net cash (used in) provided by financing activities | -1,867 |
| Effect of exchange rate changes on cash | 20 |
| Net change in cash | 739 |
| Cash - beginning of year | 916 |
| Cash - end of year | 1,655 |
NORTECH SYSTEMS INC (NSYS)
NORTECH SYSTEMS INC (NSYS)