Envela Corp
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
ELA$10.56-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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GLOSSARY OF DEFINED TERMS
G****GLOSSARY OF DEFINED TERMS
The following definitions apply to terms used in this document:
| | |
|---|---|
| Adjusted EBITDA | Adjusted Earnings Before Interest, Tax, Depreciation, and Amortization |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| ASU 2024-03 | ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses |
| Avail Transaction | The acquisition of Avail Recovery Solutions, LLC on October 29, 2021 |
| Board | Board of Directors |
| CODM | Chief Operating Decision Maker |
| Common Stock | The Company's common stock, par value $0.01 per share |
| Company | Envela Corporation, a Nevada corporation, and its subsidiaries |
| Envela | Envela Corporation, a Nevada corporation, and its subsidiaries |
| Exchange Act | Securities Exchange Act of 1934 |
| Financial Statements | The Related Consolidated Statements of Income, Stockholders’ Equity, and Cash Flows |
| Fiscal 2024 | Fiscal year ended December 31, 2024 |
| Fiscal 2025 | Fiscal year ended December 31, 2025 |
| Form 10-Q | Form 10-Q for the three months ended March 31, 2025 |
| FSB | Farmer's State Bank of Oakley, Kansas |
| IT | Information Technology |
| ITAD | Information Technology Asset Disposition |
| NYSE | New York Stock Exchange |
| Net Cash | The difference between (i) cash and cash equivalents and (ii) the sum of debt obligations |
| Securities Act | Securities Act of 1933 |
| Scottsdale Transaction | The acquisition of the assets of a bespoke fabricator of jewelry in Scottsdale, Arizona |
| SEC | U.S. Securities and Exchange Commission |
| SOW | Scope of Work |
| TBT | Texas Bank & Trust |
| U.S. | United States |
| U.S. Dollar | $ |
| U.S. GAAP | United States Generally Accepted Accounting Principles |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.