COMTECH TELECOMMUNICATIONS CORP /DE/
For the period ended Jul 31, 2025. Filed Nov 10, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 10, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule II – Valuation and Qualifying Accounts and Reserves
Schedule II
Valuation and Qualifying Accounts and Reserves
| Column A · Column B · Column C Additions · Column D · Column E | ||||||
|---|---|---|---|---|---|---|
| Description · Balance atbeginning ofperiod · Charged tocost andexpenses · Transfers(deductions)- describe · Balance atend ofperiod | ||||||
| Allowance for doubtful accounts receivable: | ||||||
| Year ended July 31, | ||||||
| 2025 | $1,932,000 | 17,608,000 | (A) | (384,000) | (B) | $19,156,000 |
| 2024 | 2,089,000 | 1,422,000 | (A) | (1,579,000) | (B) | 1,932,000 |
| 2023 | 2,337,000 | 261,000 | (A) | (509,000) | (B) | 2,089,000 |
| Inventory reserves: | ||||||
| Year ended July 31, | ||||||
| 2025 | $18,271,000 | 16,202,000 | (C) | (8,050,000) | (D) | $26,423,000 |
| 2024 | 24,659,000 | 2,801,000 | (C) | (9,189,000) | (D) | 18,271,000 |
| 2023 | 23,121,000 | 4,871,000 | (C) | (3,333,000) | (D) | 24,659,000 |
| Valuation allowance for deferred tax assets: | ||||||
| Year ended July 31, | ||||||
| 2025 | $44,888,000 | 26,413,000 | (E) | (328,000) | (E) | $70,973,000 |
| 2024 | 34,478,000 | 12,343,000 | (E) | (1,933,000) | (E) | 44,888,000 |
| 2023 | 31,227,000 | 4,617,000 | (E) | (1,366,000) | (E) | 34,478,000 |
(A)Provision for doubtful accounts. See Note (4) - "Accounts Receivable" for further discussion of the fiscal 2025 provision.
(B)Write-off of uncollectible receivables. Fiscal 2024 reflects the PST Divestiture. See Note (3) - "Business Divestitures" for further discussion.
(C)Provision for excess and obsolete inventory. See Note (5) - "Inventories" for further discussion of the fiscal 2025 provision.
(D)Write-off of inventory. Fiscal 2025 includes $2,900,000 related to our decision to wind-down our Basingstoke, U.K. operations. Fiscal 2024 reflects the PST Divestiture. See Note (3) - "Business Divestitures" for further discussion.
(E)Change in valuation allowance. See Note (11) -"Income Taxes" for further discussion.
S - 1
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.