Sono-Tek Corporation (SOTK) Financial Statements (2024 and earlier)

Company Profile

Business Address 2012 RT 9W BLDG 3
MILTON, NY 12547
State of Incorp. NY
Fiscal Year End February 28
Industry (SIC) 3559 - Special Industry Machinery, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

8/31/2023
MRQ
2/28/2023
11/30/2022
MRQ
2/28/2022
2/28/2021
2/29/2020
2/28/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,44511,24910,7098,6487,8795,510
Cash and cash equivalents3,3553,1764,8414,0843,6603,144
Short-term investments8,0908,0735,8684,5634,2192,366
Receivables1,6341,3851,0931,7589301,398
Inventory, net of allowances, customer advances and progress billings3,2433,2602,3732,6112,3821,658
Inventory3,2433,2602,3732,6112,3821,658
Deferred tax assets332
Other undisclosed current assets25420732315115463
Total current assets:16,57516,10214,49813,16811,3448,961
Noncurrent Assets
Property, plant and equipment2,6252502,5612,6502,8672,534
Intangible assets, net (including goodwill)57627695106123
Intangible assets, net (excluding goodwill)57627695106123
Deferred income tax assets667448241  
Other undisclosed noncurrent assets2502,623250510426582
Total noncurrent assets:3,5993,3823,1283,2563,3993,239
TOTAL ASSETS:20,17519,48417,62616,42314,74312,200
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,2382,8462,9973,0992,3531,225
Taxes payable5954716
Employee-related liabilities450   
Accounts payable8111,1536851,294669586
Accrued liabilities1,4271,6931,8041,7511,613633
Deferred revenue 1,749   
Debt     170163
Other undisclosed current liabilities3,2202047181,1671,6491,150
Total current liabilities:5,4584,7993,7154,2664,1712,537
Noncurrent Liabilities
Long-term debt and lease obligation    1,002538708
Long-term debt, excluding current maturities    1,002538708
Liabilities, other than long-term debt 83198169  371
Deferred tax liabilities, net371
Deferred income tax liabilities 83198169  
Other undisclosed noncurrent liabilities    206252 
Total noncurrent liabilities: 831981691,2077901,078
Total liabilities:5,5414,9973,8845,4734,9613,616
Equity
Equity, attributable to parent14,63414,48713,74110,9519,7828,585
Common stock157157157155153152
Additional paid in capital9,5679,4839,3109,0659,0188,930
Retained earnings (accumulated deficit)4,9104,8464,2741,731611(497)
Total equity:14,63414,48713,74110,9519,7828,585
TOTAL LIABILITIES AND EQUITY:20,17519,48417,62616,42314,74312,200

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

8/31/2023
TTM
2/28/2023
11/30/2022
TTM
2/28/2022
2/28/2021
2/29/2020
2/28/2019
Revenues15,05817,79717,13314,83315,35511,610
Cost of revenue(7,406)(8,470)(8,520)(7,836)(8,041)(6,361)
Gross profit:7,6529,3278,6136,9977,3135,248
Operating expenses(6,969)(7,609)(6,723)(5,657)(6,198)(5,166)
Operating income (loss):6831,7191,8891,3401,11582
Nonoperating income140449252929
Investment income, nonoperating14065923102137
Interest and debt expense    (40)(33)(40)
Other undisclosed income from continuing operations before equity method investments, income taxes  24    
Income from continuing operations before income taxes:8231,7871,8991,3251,11271
Income tax expense (benefit)(154)(276)(362)(227)(106)(20)
Income from continuing operations:6691,5111,5371,0981,00651
Income before gain (loss) on sale of properties:1,2151,5371,0981,00651
Other undisclosed net income (loss)(33)9381,00523102110
Net income (loss) available to common stockholders, diluted:6362,4492,5431,1211,107162

Comprehensive Income ($ in thousands)

8/31/2023
TTM
2/28/2023
11/30/2022
TTM
2/28/2022
2/28/2021
2/29/2020
2/28/2019
Net income (loss):6362,4492,5431,1211,107162
Comprehensive income (loss), net of tax, attributable to parent:6362,4492,5431,1211,107162

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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