Sypris Solutions Inc. (SYPR) Financial Statements (2025 and earlier)

Company Profile

Business Address 101 BULLITT LN
LOUISVILLE, KY 40222
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,88121,64811,62011,6065,09510,704
Cash and cash equivalent7,88121,64811,62011,6065,09510,704
Receivables8,9298,0648,4677,2347,4449,881
Inventory, net of allowances, customer advances and progress billings77,31442,13330,10016,23620,78418,584
Inventory77,31442,13330,10016,23620,78418,584
Disposal group, including discontinued operation    4122,2331,474
Other current assets9,7438,1335,8683,9484,2824,755
Total current assets:103,86779,97856,05539,43639,83845,398
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization     
Operating lease, right-of-use asset3,3094,2515,1406,1037,014
Property, plant and equipment 17,13315,53214,14010,16111,67514,655
Regulated entity, other noncurrent assets      
Other noncurrent assets5,0334,3834,1705,0081,5291,515
Other undisclosed noncurrent assets      
Total noncurrent assets:25,47524,16623,45021,27220,21816,170
TOTAL ASSETS:129,342104,14479,50560,70860,05661,568
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities82,96950,95431,73420,73921,84128,392
Employee-related liabilities126596  
Accounts payable26,73717,63811,9626,7349,34613,427
Accrued liabilities56,23233,31619,64613,40912,49514,965
Debt2,4454,0001,3191,5791,525593
Other undisclosed current liabilities1,0681,168937369  
Total current liabilities:86,48256,12233,99022,68723,36628,985
Noncurrent Liabilities
Long-term debt and lease obligation8,3362,5368,34710,2409,2572,804
Long-term debt, excluding current maturities6,484  2,372  
Capital lease obligations2,804
Finance lease, liability1,8522,5363,4691,9272,351
Liabilities, other than long-term debt10,72425,17317,01413,00614,00214,945
Due to related parties3,9896,4846,4776,4636,449
Other liabilities8,08217,47410,5306,5297,5398,496
Operating lease, liability2,6423,7104,8785,9416,906
Other undisclosed noncurrent liabilities1,333738868   
Total noncurrent liabilities:20,39328,44726,22923,24623,25917,749
Total liabilities:106,87584,56960,21945,93346,62546,734
Equity
Equity, attributable to parent, including:22,46719,57519,28614,77513,43114,834
Common stock    213213214
Additional paid in capital156,242155,535154,904155,025154,702154,388
Accumulated other comprehensive loss(17,067)(20,845)(22,994)(24,698)(24,051)(24,842)
Accumulated deficit(116,932)(115,336)(112,842)(115,765)(117,433)(114,926)
Other undisclosed equity, attributable to parent224221218   
Total equity:22,46719,57519,28614,77513,43114,834
TOTAL LIABILITIES AND EQUITY:129,342104,14479,50560,70860,05661,568

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

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues136,223110,12197,43482,34687,89187,969
Cost of revenue
(Cost of Product and Service Sold)
(118,975)(95,268)(82,928)(70,781)(78,008)(80,397)
Gross profit:17,24814,85314,50611,5659,8837,572
Operating expenses(16,279)(14,489)(12,596)(11,475)(14,189)(11,868)
Operating income (loss):9693641,91090(4,306)(4,296)
Nonoperating income (expense)(1,125)(800)(645)(544)1,256873
Net periodic defined benefits expense (reversal of expense), excluding service cost component      (584)
Other nonoperating income (expense)(1,125)(800)(645)(544)1,2561,436
Interest and debt expense(777)(1,110)2,731(838)(903)(850)
Other undisclosed income from continuing operations before equity method investments, income taxes      563
Income (loss) from continuing operations before income taxes:(933)(1,546)3,996(1,292)(3,953)(3,710)
Income tax expense (benefit)(663)(948)(1,073)2,9604205
Income (loss) from continuing operations:(1,596)(2,494)2,9231,668(3,949)(3,505)
Income (loss) before gain (loss) on sale of properties:2,9231,668(3,949)(3,505)
Net income (loss) attributable to parent:(1,596)(2,494)2,9231,668(3,949)(3,505)
Other undisclosed net loss available to common stockholders, basic   (12)   
Net income (loss) available to common stockholders, diluted:(1,596)(2,494)2,9111,668(3,949)(3,505)

Comprehensive Income ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(1,596)(2,494)2,9231,668(3,949)(3,505)
Other comprehensive loss      (230)
Comprehensive income (loss):(1,596)(2,494)2,9231,668(3,949)(3,735)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3,7782,1491,704(647)791939
Comprehensive income (loss), net of tax, attributable to parent:2,182(345)4,6271,021(3,158)(2,796)

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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