Sono-Tek Corporation (SOTK) financial statements (2022 and earlier)

Company profile

Business Address 2012 RT 9W BLDG 3
MILTON, NY 12547
State of Incorp. NY
Fiscal Year End February 28
SIC 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (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
2/28/2019
2/28/2018
2/28/2017
2/29/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,1848,6487,8795,5106,4224,8994,084
Cash and cash equivalents6,8344,0843,6603,1442,0162,5572,388
Short-term investments3,3504,5634,2192,3664,4062,3421,696
Receivables1,5631,7589301,3987751,1511,215
Inventory, net of allowances, customer advances and progress billings2,8002,6112,3821,6581,3541,3411,945
Inventory2,8002,6112,3821,6581,3541,3411,945
Deferred tax assets332 315155
Other undisclosed current assets14015115463139127110
Total current assets:14,68713,16811,3448,9618,6917,8337,509
Noncurrent Assets
Property, plant and equipment2502,6502,8672,5342,3062,4992,737
Intangible assets, net (including goodwill)8195106123137153174
Intangible assets, net (excluding goodwill)8195106123137153174
Deferred income tax assets236  
Other undisclosed noncurrent assets2,616510426582646250250
Total noncurrent assets:3,1833,2563,3993,2393,0892,9033,161
TOTAL ASSETS:17,87016,42314,74312,20011,77910,73610,670
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,7523,0992,3531,2251,6311,2201,309
Accounts payable8761,294669586653337475
Accrued liabilities1,7331,7511,613633893869746
Taxes payable14354716851588
Deferred revenue1,896  
Debt  170163156150143
Customer advances and deposits 79201
Other undisclosed current liabilities 1,1671,6491,150344  
Total current liabilities:4,6484,2664,1712,5372,1311,4491,654
Noncurrent Liabilities
Long-term debt and lease obligation 1,0025387088711,0271,176
Long-term debt, excluding current maturities 1,0025387088711,0271,176
Liabilities, other than long-term debt183  371385338172
Deferred tax liabilities, net371385338172
Deferred income tax liabilities183  
Other undisclosed noncurrent liabilities 206252    
Total noncurrent liabilities:1831,2077901,0781,2561,3641,348
Total liabilities:4,8315,4734,9613,6163,3872,8133,002
Stockholders' equity
Stockholders' equity attributable to parent13,03910,9519,7828,5858,3937,9237,668
Common stock157155153152150150150
Additional paid in capital9,1649,0659,0188,9308,9018,8598,812
Accumulated other comprehensive income (loss)    10242(70)
Retained earnings (accumulated deficit)3,7181,731611(497)(760)(1,128)(1,224)
Total stockholders' equity:13,03910,9519,7828,5858,3937,9237,668
TOTAL LIABILITIES AND EQUITY:17,87016,42314,74312,20011,77910,73610,670

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Revenues17,12714,83315,35511,61011,0089,72511,834
Revenue, net 5,3616,577
Cost of revenue(8,722)(7,836)(8,041)(6,361)(5,712)(5,231)(6,196)
Gross profit:8,4056,9977,3135,2485,2964,4945,638
Operating expenses(6,149)(5,657)(6,198)(5,166)(4,915)(4,642)(4,897)
Operating income (loss):2,2561,3401,11582382(148)740
Nonoperating income14252929332066
Investment income, nonoperating(42)23102137917155
Interest and debt expense(14)(40)(33)(40)(46)(52)(58)
Income from continuing operations before income taxes:2,2551,3251,112713696688
Income tax expense (benefit)(518)(227)(106)(20)(92)19(195)
Income before gain (loss) on sale of properties:1,7371,0981,0065127725493
Other undisclosed net income95023102110917155
Net income available to common stockholders, diluted:2,6881,1211,10716236896548

Comprehensive Income ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Net income:2,6881,1211,10716236896548
Comprehensive income, net of tax, attributable to parent:2,6881,1211,10716236896548

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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