ADM Tronics Unlimited, Inc. (ADMT) Financial Statements (2024 and earlier)

Company Profile

Business Address 224 S PEGASUS AVE
NORTHVALE, NJ 07647
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q2
6/30/2023
Q2
3/31/2023
Q4
12/31/2022
Q3
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8451,0049988548881,038
Cash and cash equivalents8451,0049988548881,038
Receivables(720)(695)558604729730
Inventory, net of allowances, customer advances and progress billings510443423386429288
Inventory510443423386429288
Other undisclosed current assets1,3271,2348212016858
Total current assets:1,9621,9862,0621,9652,2132,114
Noncurrent Assets
Inventory, Noncurrent189228184184184184
Operating lease, right-of-use asset461482452472493513
Long-term investments and receivables 8080808080208
Due from related parties80808080
Accounts and financing receivable, after allowance for credit loss 8080   128
Intangible assets, net (including goodwill)121314151516
Intangible assets, net (excluding goodwill)121314151516
Deferred income tax assets   125125125125
Other noncurrent assets919191919191
Other undisclosed noncurrent assets 215210201205209 
Total noncurrent assets:1,0491,1041,1461,1711,1961,137
TOTAL ASSETS:3,0113,0903,2083,1363,4093,251
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities388398372408579463
Accounts payable279323263332476330
Accrued liabilities1097610976104133
Deferred revenue332360362193243264
Debt376259125252376340
Deferred compensation liability 614    
Due to related parties21304050
Other undisclosed current liabilities8683817883257
Total current liabilities:1,1881,1149619611,3221,374
Noncurrent Liabilities
Long-term debt and lease obligation    451464503
Long-term debt, excluding current maturities      12
Finance lease, liability      491
Liabilities, other than long-term debt388410430   
Operating lease, liability388410430451464 
Other undisclosed noncurrent liabilities    (451)(464) 
Total noncurrent liabilities:388410430451464503
Total liabilities:1,5771,5241,3911,4121,7861,877
Equity
Equity, attributable to parent1,4341,5651,8171,7231,6231,374
Common stock343434343434
Additional paid in capital33,60133,60033,60033,60033,60033,312
Accumulated deficit(32,200)(32,068)(31,816)(31,910)(32,010)(31,972)
Total equity:1,4341,5651,8171,7231,6231,374
TOTAL LIABILITIES AND EQUITY:3,0113,0903,2083,1363,4093,251

Income Statement (P&L) ($ in thousands)

9/30/2023
Q2
6/30/2023
Q2
3/31/2023
Q4
12/31/2022
Q3
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q4
Revenues7631,3549831,140921948
Cost of revenue
(Cost of Goods and Services Sold)
(438)(687)(508)(582)(538)(478)
Gross profit:325667475558383470
Operating expenses(463)375(383)(455)(418)(1,344)
Operating income (loss):(138)1,04293103(35)(874)
Nonoperating income (expense)6(695)1(3)(4)662
Investment income, nonoperating811410(10)
Interest and debt expense(2)(713)(3)(3)(5)698
Income (loss) from continuing operations before equity method investments, income taxes:(135)(365)9197(43)486
Other undisclosed income (loss) from continuing operations before income taxes2713335(698)
Income (loss) from continuing operations before income taxes:(132)34894100(39)(212)
Income tax expense  (304)   (944)
Income (loss) from continuing operations:(132)4494100(39)(1,157)
Income (loss) before gain (loss) on sale of properties:100(39)(1,157)
Net income (loss) available to common stockholders, diluted:(132)4494100(39)(1,157)

Comprehensive Income ($ in thousands)

9/30/2023
Q2
6/30/2023
Q2
3/31/2023
Q4
12/31/2022
Q3
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q4
Net income (loss):(132)4494100(39)(1,157)
Comprehensive income (loss), net of tax, attributable to parent:(132)4494100(39)(1,157)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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