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)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 | 9,675 | 8,215 | 13,760 | 8,096 | 7,881 | 8,409 | |||
| Cash and cash equivalent | 9,675 | 8,215 | 13,760 | 8,096 | 7,881 | 8,409 | |||
| Receivables | 10,593 | 12,373 | 11,510 | 13,093 | 8,929 | 10,777 | |||
| Inventory, net of allowances, customer advances and progress billings | 66,680 | 67,333 | 64,843 | 70,890 | 77,314 | 76,669 | |||
| Inventory | 66,680 | 67,333 | 64,843 | 70,890 | 77,314 | 76,669 | |||
| Other current assets | 11,070 | 11,457 | 10,191 | 10,777 | 9,743 | 9,284 | |||
| Total current assets: | 98,018 | 99,378 | 100,304 | 102,856 | 103,867 | 105,139 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,300 | ||||||||
| Operating lease, right-of-use asset | 3,749 | 4,012 | 4,300 | 4,617 | 3,309 | 3,584 | |||
| Property, plant and equipment | 13,914 | 15,107 | 16,706 | 17,133 | 16,659 | ||||
| Regulated entity, other noncurrent assets | 14 | ||||||||
| Other noncurrent assets | 4,310 | 4,309 | 4,534 | 4,866 | 5,033 | 4,511 | |||
| Other undisclosed noncurrent assets | 9,985 | ||||||||
| Total noncurrent assets: | 21,358 | 22,235 | 23,941 | 26,189 | 25,475 | 24,754 | |||
| TOTAL ASSETS: | 119,376 | 121,613 | 124,245 | 129,045 | 129,342 | 129,893 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 76,067 | 73,443 | 72,929 | 82,844 | 82,969 | 81,605 | |||
| Accounts payable | 18,428 | 22,630 | 22,519 | 26,530 | 26,737 | 25,553 | |||
| Accrued liabilities | 57,639 | 50,813 | 50,410 | 56,314 | 56,232 | 56,052 | |||
| Debt | 2,488 | 4,489 | 4,511 | 4,495 | 2,445 | 2,292 | |||
| Other undisclosed current liabilities | 906 | 882 | 1,133 | 1,122 | 1,068 | 1,120 | |||
| Total current liabilities: | 79,461 | 78,814 | 78,573 | 88,461 | 86,482 | 85,017 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 9,721 | 8,117 | 8,484 | 8,627 | 8,336 | 5,827 | |||
| Long-term debt, excluding current maturities | 8,986 | 6,984 | 6,982 | 6,980 | 6,484 | 3,993 | |||
| Finance lease, liability | 735 | 1,133 | 1,502 | 1,647 | 1,852 | 1,834 | |||
| Liabilities, other than long-term debt | 9,761 | 15,551 | 17,100 | 9,911 | 10,724 | 16,209 | |||
| Other liabilities | 6,510 | 11,999 | 13,527 | 6,043 | 8,082 | 13,319 | |||
| Operating lease, liability | 3,251 | 3,552 | 3,573 | 3,868 | 2,642 | 2,890 | |||
| Other undisclosed noncurrent liabilities | 852 | 959 | 1,068 | 1,197 | 1,333 | 1,429 | |||
| Total noncurrent liabilities: | 20,334 | 24,627 | 26,652 | 19,735 | 20,393 | 23,465 | |||
| Total liabilities: | 99,795 | 103,441 | 105,225 | 108,196 | 106,875 | 108,482 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 19,581 | 18,172 | 19,020 | 20,849 | 22,467 | 21,411 | |||
| Additional paid in capital | 156,980 | 156,772 | 156,675 | 156,439 | 156,242 | 156,044 | |||
| Accumulated other comprehensive loss | (19,017) | (20,083) | (18,748) | (16,662) | (17,067) | (19,004) | |||
| Accumulated deficit | (118,612) | (118,747) | (119,137) | (119,153) | (116,932) | (115,853) | |||
| Other undisclosed equity, attributable to parent | 230 | 230 | 230 | 225 | 224 | 224 | |||
| Total equity: | 19,581 | 18,172 | 19,020 | 20,849 | 22,467 | 21,411 | |||
| TOTAL LIABILITIES AND EQUITY: | 119,376 | 121,613 | 124,245 | 129,045 | 129,342 | 129,893 | |||
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 | 33,449 | 35,657 | 35,521 | 35,553 | 34,735 | 33,581 | ||
| Cost of revenue (Cost of Product and Service Sold) | (28,063) | (29,678) | (29,880) | (32,669) | (30,358) | (29,541) | ||
| Gross profit: | 5,386 | 5,979 | 5,641 | 2,884 | 4,377 | 4,040 | ||
| Operating expenses | (4,087) | (4,250) | (4,368) | (4,258) | (4,660) | (4,170) | ||
| Operating income (loss): | 1,299 | 1,729 | 1,273 | (1,374) | (283) | (130) | ||
| Nonoperating expense (Other Nonoperating expense) | (436) | (246) | (194) | (341) | (342) | (199) | ||
| Interest and debt expense | (216) | (546) | (62) | (67) | (246) | (127) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 647 | 937 | 1,017 | (1,782) | (871) | (456) | ||
| Other undisclosed loss from continuing operations before income taxes | (542) | (251) | ||||||
| Income (loss) from continuing operations before income taxes: | 647 | 937 | 475 | (2,033) | (871) | (456) | ||
| Income tax expense | (512) | (547) | (459) | (188) | (208) | (99) | ||
| Net income (loss) attributable to parent: | 135 | 390 | 16 | (2,221) | (1,079) | (555) | ||
| Other undisclosed net loss available to common stockholders, basic | (15) | |||||||
| Net income (loss) available to common stockholders, diluted: | 135 | 375 | 16 | (2,221) | (1,079) | (555) | ||
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): | 135 | 390 | 16 | (2,221) | (1,079) | (555) | ||
| Comprehensive income (loss): | 135 | 390 | 16 | (2,221) | (1,079) | (555) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,066 | (1,335) | (2,086) | 405 | 1,937 | (581) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,201 | (945) | (2,070) | (1,816) | 858 | (1,136) | ||
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.