OPTICAL CABLE CORP (OCC)
OPTICAL CABLE CORP (OCC)
| Balance Sheets | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|---|
| Cash | 145,600 | 125,867 | 237,508 | 421,414 |
| Trade accounts receivable, net of allowance for credit losses of 82,688 at april 30, 2026 and 72,909 at october 31, 2025 | 11,078,286 | 8,079,326 | 10,280,616 | 11,077,569 |
| Income taxes refundable - current | 8,978 | 10,126 | 13,500 | 3,375 |
| Other receivables | 19,928 | 47,128 | 19,863 | 13,562 |
| Inventories | 21,270,561 | 20,894,017 | 19,801,754 | 18,697,434 |
| Prepaid expenses and other assets | 425,292 | 486,545 | 402,542 | 474,750 |
| Total current assets | 32,948,645 | 29,643,009 | 30,755,783 | 30,688,104 |
| Property and equipment, gross | NaN | NaN | 38,627,946 | NaN |
| Less accumulated amortization and depreciation | NaN | NaN | 32,038,429 | NaN |
| Property and equipment, net | 6,538,656 | 6,585,196 | 6,589,517 | 6,635,636 |
| Intangible assets, net | 481,507 | 493,338 | 481,225 | 489,863 |
| Other assets, net | 2,442,274 | 2,053,117 | 2,233,256 | 2,354,355 |
| Total assets | 42,411,082 | 38,774,660 | 40,059,781 | 40,167,958 |
| Current installments of long-term debt | 59,859 | 2,556,174 | 2,570,793 | 2,585,094 |
| Note payable, revolver - current | 7,332,517 | 4,567,644 | 5,624,816 | 6,465,321 |
| Accounts payable and accrued expenses | 6,719,907 | 7,210,455 | 6,848,785 | 6,093,819 |
| Accrued compensation and payroll taxes | 1,729,223 | 1,823,754 | 1,784,207 | 1,803,596 |
| Income taxes payable | 6,590 | 31,339 | 24,688 | 10,792 |
| Total current liabilities | 15,848,096 | 16,189,366 | 16,853,289 | 16,958,622 |
| Long-term debt, excluding current installments | 2,590,141 | NaN | 0 | 0 |
| Other noncurrent liabilities | 1,735,730 | 1,476,666 | 1,632,587 | 1,777,284 |
| Total liabilities | 20,173,967 | 17,666,032 | 18,485,876 | 18,735,906 |
| Redeemable restricted common stock, no par value, 642,199 shares issued and outstanding as of april 30, 2026 and october 31, 2025 | 7,012,813 | 2,979,803 | 5,066,950 | 3,202,325 |
| Preferred stock, no par value, authorized 1,000,000 shares none issued and outstanding | 0 | 0 | 0 | 0 |
| Common stock, no par value, authorized 50,000,000 shares issued and outstanding 8,189,399 shares at april 30, 2026 and 8,227,871 shares at october 31, 2025 | 15,749,664 | 15,675,994 | 15,743,742 | 15,650,502 |
| Retained earnings (accumulated deficit) | -525,362 | 2,452,831 | 763,213 | 2,579,225 |
| Total shareholders equity | 15,224,302 | 18,128,825 | 16,506,955 | 18,229,727 |
| Total liabilities, redeemable common stock and shareholders' equity | 42,411,082 | 38,774,660 | 40,059,781 | 40,167,958 |