Envela Corp
For the period ended Dec 31, 2024. Filed Mar 26, 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.
FY2024 · Filed Mar 26, 2025
ELA$10.56-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
| REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID 726) | 38 | |
|---|---|---|
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| CONSOLIDATED STATEMENTS OF INCOME | 39 | |
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| CONSOLIDATED BALANCE SHEETS | 40 | |
| | | |
| CONSOLIDATED STATEMENTS OF CASH FLOWS | 41 | |
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| CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY | 42 | |
| | | |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS | 43 | |
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| NOTE 1. | BASIS OF PRESENTATION | 43 |
| NOTE 2. | PRINCIPLES OF CONSOLIDATION AND NATURE OF OPERATIONS | 43 |
| NOTE 3. | ACCOUNTING POLICIES AND ESTIMATES | 44 |
| NOTE 4. | CHANGES IN BUSINESS | 51 |
| NOTE 5. | INVENTORIES | 52 |
| NOTE 6. | GOODWILL | 53 |
| NOTE 7. | PROPERTY AND EQUIPMENT, NET | 54 |
| NOTE 8. | INTANGIBLE ASSETS, NET | 55 |
| NOTE 9. | ACCRUED EXPENSES | 56 |
| NOTE 10. | SEGMENT INFORMATION | 57 |
| NOTE 11. | REVENUE | 58 |
| NOTE 12. | LEASES | 59 |
| NOTE 13. | BASIC AND DILUTED AVERAGE SHARES | 60 |
| NOTE 14. | DEBT | 62 |
| NOTE 15. | STOCK-BASED COMPENSATION | 64 |
| NOTE 16. | RELATED PARTY TRANSACTIONS | 64 |
| NOTE 17. | CONTINGENCIES | 64 |
| NOTE 18. | INCOME TAXES | 65 |
| NOTE 19. | DEFINED CONTRIBUTION PLANS | 66 |
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