Solitron Devices Inc (SODI) financial statements (2022 and earlier)

Company profile

Business Address 3301 ELECTRONICS WAY
WEST PALM BEACH, FL 33407
State of Incorp. DE
Fiscal Year End February 28
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/29/2016
2/28/2015
2/28/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,6824,0331,496634820625
Cash and cash equivalents5,2473,7851,332634820625
Short-term investments435248164   
Receivables1,4451,3061,3795281,018785
Inventory, net of allowances, customer advances and progress billings2,5172,7212,8703,6714,1974,316
Inventory2,5172,7212,8703,6714,1974,316
Other undisclosed current assets4353721186,9247,0946,416
Total current assets:10,0798,4325,86311,75713,12912,142
Noncurrent Assets
Operating lease, right-of-use asset35340723
Property, plant and equipment4,837281405436458558
Other noncurrent assets2244045887
Total noncurrent assets:5,0966611,173444466565
TOTAL ASSETS:15,1759,0937,03612,20113,59512,707
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3149057066611,654934
Accounts payable291165269164425307
Accrued liabilities1,023740437497632605
Employee-related liabilities    575 
Taxes payable    2222
Debt952    
Customer advances and deposits2820
Other undisclosed current liabilities163426470 (597)80
Total current liabilities:1,4861,3831,1766891,0771,014
Noncurrent Liabilities
Long-term debt and lease obligation2,789777377   
Long-term debt, excluding current maturities2,783764    
Finance lease, liability613 
Operating lease, liability  377
Other undisclosed noncurrent liabilities  (377)   
Total noncurrent liabilities:2,789777377   
Total liabilities:4,2752,1601,5536891,0771,014
Stockholders' equity
Stockholders' equity attributable to parent10,9006,9335,48311,51212,51811,693
Common stock212121242323
Treasury stock, value(1,412)(1,412)(1,481)(554)(275)(275)
Additional paid in capital1,8341,8341,8342,7592,7492,743
Accumulated other comprehensive income   171514
Retained earnings10,4576,4905,1099,26610,0069,188
Total stockholders' equity:10,9006,9335,48311,51212,51811,693
TOTAL LIABILITIES AND EQUITY:15,1759,0937,03612,20113,59512,707

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/29/2016
2/28/2015
2/28/2014
Revenues10,30810,5349,2378,3959,7578,650
Revenue, net8,3959,7578,650
Cost of revenue
(Cost of Goods and Services Sold)
(5,628)(7,257)(7,762)(6,621)(7,225)(6,389)
Gross profit:4,6803,2771,4751,7742,5322,261
Operating expenses(1,870)(2,108)(2,104)(1,969)(1,610)(1,543)
Other operating income, net
(Other Expenses)
     4
Other undisclosed operating loss     (4)
Operating income (loss):2,8101,169(629)(195)922718
Nonoperating income (expense)1,197174(27)308163
Investment income, nonoperating4098(27)30  
Other nonoperating income1,15776    
Interest and debt expense(54)(5)    
Income (loss) from continuing operations before equity method investments, income taxes:3,9531,338(656)(165)930881
Other undisclosed income from continuing operations before income taxes    1628
Income (loss) from continuing operations before income taxes:3,9531,338(656)(165)946909
Income tax expense    (19)(13)
Income (loss) before gain (loss) on sale of properties:3,9531,338(656)(165)927896
Other undisclosed net income14     
Net income (loss):3,9671,338(656)(165)927896
Other undisclosed net income attributable to parent 4350   
Net income (loss) available to common stockholders, diluted:3,9671,381(606)(165)927896

Comprehensive Income ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/29/2016
2/28/2015
2/28/2014
Net income (loss):3,9671,338(656)(165)927896
Comprehensive income (loss):3,9671,338(656)(165)927896
Other undisclosed comprehensive income, net of tax, attributable to parent   211
Comprehensive income (loss), net of tax, attributable to parent:3,9671,338(656)(163)928897

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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