Sono-Tek Corporation (SOTK) Financial Statements (2023 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)Annual | Quarterly
| 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,249 | 10,657 | 11,074 | 10,709 | 10,184 | 9,697 | 9,284 | ||
| Cash and cash equivalents | 3,176 | 4,309 | 7,675 | 4,841 | 6,834 | 6,143 | 5,794 | ||
| Short-term investments | 8,073 | 6,348 | 3,399 | 5,868 | 3,350 | 3,554 | 3,490 | ||
| Receivables | 1,385 | 1,978 | 1,430 | 1,093 | 1,563 | 1,482 | 1,169 | ||
| Inventory, net of allowances, customer advances and progress billings | 3,260 | 2,774 | 2,893 | 2,373 | 2,800 | 2,924 | 2,612 | ||
| Inventory | 3,260 | 2,774 | 2,893 | 2,373 | 2,800 | 2,924 | 2,612 | ||
| Other undisclosed current assets | 207 | 262 | 263 | 323 | 140 | 124 | 108 | ||
| Total current assets: | 16,102 | 15,670 | 15,660 | 14,498 | 14,687 | 14,228 | 13,173 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 250 | 250 | 250 | 2,561 | 250 | 250 | 250 | ||
| Intangible assets, net (including goodwill) | 62 | 67 | 71 | 76 | 81 | 86 | 91 | ||
| Intangible assets, net (excluding goodwill) | 62 | 67 | 71 | 76 | 81 | 86 | 91 | ||
| Deferred income tax assets | 448 | 230 | 255 | 241 | 236 | 236 | 236 | ||
| Other undisclosed noncurrent assets | 2,623 | 2,580 | 2,513 | 250 | 2,616 | 2,583 | 2,633 | ||
| Total noncurrent assets: | 3,382 | 3,126 | 3,089 | 3,128 | 3,183 | 3,155 | 3,210 | ||
| TOTAL ASSETS: | 19,484 | 18,796 | 18,750 | 17,626 | 17,870 | 17,383 | 16,383 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,050 | 2,531 | 2,801 | 2,997 | 2,752 | 2,681 | 2,714 | ||
| Accounts payable | 1,153 | 968 | 983 | 685 | 876 | 1,080 | 1,188 | ||
| Accrued liabilities | 1,693 | 1,500 | 1,688 | 1,804 | 1,733 | 1,398 | 1,389 | ||
| Employee-related liabilities | 450 | ||||||||
| Taxes payable | 204 | 63 | 130 | 59 | 143 | 202 | 137 | ||
| Deferred revenue | 1,749 | 1,779 | 1,896 | 1,917 | 1,247 | ||||
| Other undisclosed current liabilities | 1,665 | 718 | |||||||
| Total current liabilities: | 4,799 | 4,309 | 4,466 | 3,715 | 4,648 | 4,598 | 3,961 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 198 | 166 | 167 | 169 | 183 | 183 | 183 | ||
| Deferred income tax liabilities | 198 | 166 | 167 | 169 | 183 | 183 | 183 | ||
| Total noncurrent liabilities: | 198 | 166 | 167 | 169 | 183 | 183 | 183 | ||
| Total liabilities: | 4,997 | 4,475 | 4,633 | 3,884 | 4,831 | 4,781 | 4,144 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 14,487 | 14,321 | 14,116 | 13,741 | 13,039 | 12,602 | 12,239 | ||
| Common stock | 157 | 157 | 157 | 157 | 157 | 155 | 155 | ||
| Additional paid in capital | 9,483 | 9,423 | 9,380 | 9,310 | 9,164 | 9,105 | 9,086 | ||
| Retained earnings | 4,846 | 4,741 | 4,579 | 4,274 | 3,718 | 3,342 | 2,998 | ||
| Total stockholders' equity: | 14,487 | 14,321 | 14,116 | 13,741 | 13,039 | 12,602 | 12,239 | ||
| TOTAL LIABILITIES AND EQUITY: | 19,484 | 18,796 | 18,750 | 17,626 | 17,870 | 17,383 | 16,383 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,586 | 3,763 | 4,052 | 6,396 | 4,419 | 4,070 | 3,644 | |
| Cost of revenue | (1,762) | (1,868) | (1,945) | (2,896) | (2,261) | (1,996) | (1,820) | |
| Gross profit: | 1,824 | 1,896 | 2,107 | 3,500 | 2,159 | 2,074 | 1,824 | |
| Operating expenses | (1,721) | (1,718) | (1,726) | (2,443) | (1,668) | (1,625) | (1,481) | |
| Operating income: | 103 | 178 | 381 | 1,057 | 491 | 449 | 343 | |
| Nonoperating income (expense) | 39 | 19 | 7 | (21) | 2 | 8 | 3 | |
| Investment income, nonoperating | 39 | 19 | 7 | 2 | 8 | 3 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 24 | |||||||
| Income from continuing operations before income taxes: | 142 | 196 | 388 | 1,060 | 493 | 456 | 346 | |
| Income tax expense | (28) | (15) | (70) | (162) | (117) | (112) | (85) | |
| Income before gain (loss) on sale of properties: | 114 | 181 | 317 | 898 | 376 | 344 | 261 | |
| Other undisclosed net income (loss) | (9) | (19) | (12) | 978 | 1,005 | |||
| Net income available to common stockholders, diluted: | 105 | 162 | 306 | 1,876 | 376 | 344 | 1,267 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 11/30/2022 Q3 | 8/31/2022 Q2 | 5/31/2022 Q1 | 2/28/2022 Q4 | 11/30/2021 Q3 | 8/31/2021 Q2 | 5/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 105 | 162 | 306 | 1,876 | 376 | 344 | 1,267 | |
| Comprehensive income, net of tax, attributable to parent: | 105 | 162 | 306 | 1,876 | 376 | 344 | 1,267 | |
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.