Nocopi Technologies Inc (NNUP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
480 SHOEMAKER ROAD KING OF PRUSSIA, PA 19406 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3944 - Games, Toys, and Children's Vehicles, Except Dolls and Bicycles (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,840 | 10,941 | 10,501 | 10,511 | 10,255 | 10,477 | |||
| Cash and cash equivalent | 10,840 | 10,941 | 4,678 | 3,600 | 2,269 | 10,477 | |||
| Short-term investments | 5,823 | 6,911 | 7,986 | ||||||
| Receivables | 1,235 | 1,254 | 1,351 | 1,187 | 1,281 | 1,358 | |||
| Inventory, net of allowances, customer advances and progress billings, including: | 85 | 80 | 319 | 370 | 448 | 385 | |||
| Inventory | 350 | 352 | 319 | 370 | 448 | 385 | |||
| Other undisclosed inventory, net of allowances, customer advances and progress billings | (264) | (272) | |||||||
| Other undisclosed current assets | 420 | 402 | 105 | 101 | 122 | 101 | |||
| Total current assets: | 12,580 | 12,676 | 12,276 | 12,169 | 12,105 | 12,320 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 32 | 52 | 71 | 4 | 18 | 31 | |||
| Nontrade receivables | 1,293 | 1,428 | 1,565 | 1,701 | 1,839 | 1,994 | |||
| Property, plant and equipment | 17 | 21 | 24 | 30 | 37 | 51 | |||
| Total noncurrent assets: | 1,342 | 1,501 | 1,659 | 1,736 | 1,893 | 2,075 | |||
| TOTAL ASSETS: | 13,921 | 14,177 | 13,934 | 13,905 | 13,998 | 14,395 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 129 | 255 | 234 | 168 | 122 | 330 | |||
| Accounts payable | 21 | 68 | 100 | 48 | 28 | 97 | |||
| Accrued liabilities | 108 | 186 | 134 | 120 | 95 | 233 | |||
| Deferred compensation liability | 27 | 3,585 | 3,171 | 2,259 | 389 | 421 | |||
| Other undisclosed current liabilities | 35 | 52 | 71 | 4 | 976 | 31 | |||
| Total current liabilities: | 191 | 3,891 | 3,476 | 2,431 | 1,487 | 781 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 90 | 100 | 109 | 119 | 129 | 139 | |||
| Other liabilities | 90 | 100 | 109 | 119 | 129 | 139 | |||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | 90 | 100 | 109 | 119 | 129 | 139 | |||
| Total liabilities: | 282 | 3,991 | 3,585 | 2,550 | 1,615 | 921 | |||
| Equity | |||||||||
| Equity, attributable to parent | 13,640 | 10,186 | 10,349 | 11,354 | 12,383 | 13,475 | |||
| Common stock | 108 | 105 | 105 | 105 | 105 | 105 | |||
| Additional paid in capital | 25,580 | 21,735 | 21,647 | 21,647 | 21,647 | 21,647 | |||
| Accumulated deficit | (12,049) | (11,654) | (11,403) | (10,398) | (9,370) | (8,278) | |||
| Total equity: | 13,640 | 10,186 | 10,349 | 11,354 | 12,383 | 13,475 | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 13,921 | 14,177 | 13,934 | 13,905 | 13,998 | 14,395 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 592 | 668 | 459 | 398 | 318 | 575 | ||
| Cost of revenue (Cost of Product and Service Sold) | (268) | (288) | (229) | (233) | (163) | (310) | ||
| Gross profit: | 324 | 380 | 230 | 166 | 155 | 265 | ||
| Operating expenses | (840) | (863) | (1,373) | (1,325) | (1,376) | (945) | ||
| Operating loss: | (516) | (482) | (1,142) | (1,160) | (1,221) | (680) | ||
| Nonoperating income | 122 | 231 | 137 | 131 | 129 | 66 | ||
| Interest and debt expense | (6) | (4) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (394) | (251) | (1,005) | (1,028) | (1,098) | (618) | ||
| Other undisclosed income from continuing operations before income taxes | 6 | 4 | ||||||
| Income (loss) from continuing operations before income taxes: | (394) | (251) | (1,005) | (1,028) | (1,092) | (614) | ||
| Income tax benefit | 161 | |||||||
| Net income (loss) available to common stockholders, diluted: | (394) | (251) | (1,005) | (1,028) | (1,092) | (453) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (394) | (251) | (1,005) | (1,028) | (1,092) | (453) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (394) | (251) | (1,005) | (1,028) | (1,092) | (453) | ||
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.