Solitron Devices Inc (SODI) financial statements (2021 and earlier)

Company profile

Business Address 3301 ELECTRONICS WAY
WEST PALM BEACH, FL 33407
State of Incorp. DE
Fiscal Year End February 29
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

11/30/2020
TTM
2/29/2020
2/29/2016
2/28/2015
2/28/2014
2/28/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,7201,4966348206251,297
Cash and cash equivalents3,4531,3326348206251,297
Short-term investments267164    
Receivables1,1661,3795281,0187851,081
Inventory, net of allowances, customer advances and progress billings3,0532,8703,6714,1974,3164,033
Inventory3,0532,8703,6714,1974,3164,033
Prepaid expense and other current assets168
Other undisclosed current assets1901186,9247,0946,4165,173
Total current assets:8,1295,86311,75713,12912,14211,752
Noncurrent Assets
Operating lease, right-of-use asset438723
Property, plant and equipment317405436458558592
Other noncurrent assets4545887
Prepaid expense and other noncurrent assets36
Total noncurrent assets:8001,173444466565628
TOTAL ASSETS:8,9297,03612,20113,59512,70712,380
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,0627066611,6549341,053
Accounts payable318269164425307313
Accrued liabilities744437497632605722
Employee-related liabilities   575  
Taxes payable   222218
Accrued environmental loss contingencies     125
Customer advances and deposits2820
Other undisclosed current liabilities478470 (597)80406
Total current liabilities:1,5401,1766891,0771,0141,584
Noncurrent Liabilities
Long-term debt and lease obligation860377    
Long-term debt, excluding current maturities807     
Finance lease, liability14 
Operating lease, liability39377
Other undisclosed noncurrent liabilities(39)(377)    
Total noncurrent liabilities:860377    
Total liabilities:2,4001,5536891,0771,0141,584
Stockholders' equity
Stockholders' equity attributable to parent6,5295,48311,51212,51811,69310,796
Common stock212124232323
Treasury stock, value(1,412)(1,481)(554)(275)(275)(275)
Additional paid in capital1,8341,8342,7592,7492,7432,743
Accumulated other comprehensive income  17151413
Retained earnings6,0865,1099,26610,0069,1888,292
Total stockholders' equity:6,5295,48311,51212,51811,69310,796
TOTAL LIABILITIES AND EQUITY:8,9297,03612,20113,59512,70712,380

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

11/30/2020
TTM
2/29/2020
2/29/2016
2/28/2015
2/28/2014
2/28/2013
Revenues7,9139,2378,3959,7578,6508,424
Revenue, net8,3959,7578,6508,424
Cost of revenue
(Cost of Goods and Services Sold)
(5,419)(7,762)(6,621)(7,225)(6,389)(6,585)
Gross profit:2,4941,4751,7742,5322,2611,839
Operating expenses(1,587)(2,104)(1,969)(1,610)(1,543)(1,283)
Other operating income, net
(Other Expenses)
    4 
Other undisclosed operating loss    (4)(1)
Operating income (loss):907(629)(195)922718555
Nonoperating income (expense)86(27)308163254
Investment income, nonoperating15(27)30   
Other nonoperating income71     
Income (loss) from continuing operations before equity method investments, income taxes:993(656)(165)930881809
Other undisclosed income from continuing operations before income taxes   162826
Income (loss) from continuing operations before income taxes:993(656)(165)946909835
Income tax expense   (19)(13)(11)
Net income (loss):993(656)(165)927896824
Other undisclosed net income (loss) attributable to parent(16)50    
Net income (loss) available to common stockholders, diluted:977(606)(165)927896824

Comprehensive Income ($ in thousands)

11/30/2020
TTM
2/29/2020
2/29/2016
2/28/2015
2/28/2014
2/28/2013
Net income (loss):993(656)(165)927896824
Comprehensive income (loss):993(656)(165)927896824
Other undisclosed comprehensive income, net of tax, attributable to parent  21113
Comprehensive income (loss), net of tax, attributable to parent:993(656)(163)928897837

Statements sources

The financial statements are based on the company's filings with the 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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