| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 9,478,260 | 7,970,668 | ||
| Trade, less allowance for doubtful accounts of 15,000 | 898,910 | 602,895 | ||
| Other | 45,880 | 24,271 | ||
| Inventories, net | 3,031,834 | 1,077,722 | ||
| Prepaid purchase orders | 38,418 | 142,565 | ||
| Prepaid expenses | 118,854 | 65,969 | ||
| Total current assets | 13,612,156 | 9,884,090 | ||
| Machinery and equipment | 9,275,228 | 9,033,694 | ||
| Furniture and fixtures | 181,446 | 178,307 | ||
| Leasehold improvements | 745,907 | 744,297 | ||
| Construction in progress | 84,031 | 132,334 | ||
| Property and equipment, gross | 10,286,612 | 10,088,632 | ||
| Less accumulated depreciation and amortization | 7,915,388 | 7,810,882 | ||
| Property and equipment, net | 2,371,224 | 2,277,750 | ||
| Investments, net - marketable securities, long term | 3,296,563 | 3,249,000 | ||
| Right of use asset, net | 1,108,533 | 1,152,790 | ||
| Other assets | 62,694 | 63,927 | ||
| Total other assets | 4,467,790 | 4,465,717 | ||
| Total assets | 20,451,170 | 16,627,557 | ||
| Operating lease obligations, current portion | 203,012 | 193,566 | ||
| Accounts payable | 400,641 | 536,914 | ||
| Customer deposits | 4,032,224 | 858,124 | ||
| Accrued compensation | 391,041 | 209,158 | ||
| Accrued expenses and other | 140,514 | 141,260 | ||
| Total current liabilities | 5,167,432 | 1,939,022 | ||
| Deferred tax liability | 261,154 | 122,527 | ||
| Operating lease obligations, net of current portion | 905,521 | 959,224 | ||
| Total liabilities | 6,334,107 | 3,020,773 | ||
| Common stock, no par value, authorized 15,000,000 shares 4,568,127 and 4,530,207 shares issued and outstanding, respectively | 10,753,529 | 10,753,529 | ||
| Additional paid-in capital | 2,233,384 | 2,233,384 | ||
| Accumulated deficit | 1,130,150 | 619,871 | ||
| Total shareholders' equity | 14,117,063 | 13,606,784 | ||
| Total liabilities and shareholders' equity | 20,451,170 | 16,627,557 | ||
SCI Engineered Materials, Inc. (SCIA)
SCI Engineered Materials, Inc. (SCIA)