Envela Corp

For the period ended Dec 31, 2025. Filed Mar 18, 2026.

About 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 Mar 18, 2026

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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Contents

CONSOLIDATED BALANCE SHEETS


· · December 31, · · December 31, ·
· · 2025 · · 2024 ·
Assets · · · · · ·
Current assets: · · · ·
Cash and cash equivalents	$18,154,849	$20,609,003
Accounts receivable, net of allowance for credit losses of $735,944 and $433,159 as of December 31, 2025 and December 31, 2024, respectively	10,984,191	4,384,238
Notes receivable	—	2,000
Inventories	35,065,965	25,705,524
Prepaid expenses	1,239,483	874,203
Other current assets	—	28,839
Total current assets	65,444,488	51,603,807

Property and equipment, net	13,584,189	13,515,162
Right-of-use assets from operating leases	9,720,925	4,741,326
Goodwill	3,621,453	3,621,453
Intangible assets, net	3,407,167	4,097,778
Deferred tax asset	—	49,526
Other assets	244,525	241,437

Total assets	$96,022,747	$77,870,489

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$4,294,443	$3,177,550
Notes payable	7,787,468	3,591,351
Operating lease liabilities	1,937,295	2,078,505
Accrued expenses	2,791,003	3,215,343
Other current liabilities	1,871,215	455,385
Total current liabilities	18,681,424	12,518,134

Deferred tax liability	147,381	—
Notes payable, less current portion	2,137,167	9,930,828
Operating lease liabilities, less current portion	7,996,567	2,769,389

Total liabilities	28,962,539	25,218,351

Contingencies (Note 16)

Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding	—	—
Common stock, $0.01 par value; 60,000,000 shares authorized; 26,924,631 shares issued and 25,963,476 shares outstanding as of December 31, 2025; 26,924,631 shares issued and 25,995,701 shares outstanding as of December 31, 2024	269,246	269,246
Treasury stock at cost, 961,155 and 928,930 shares, as of December 31, 2025 and December 31, 2024, respectively	(4,757,731)	(4,568,823)
Additional paid-in capital	40,173,000	40,173,000
Retained earnings	31,375,693	16,778,715

Total stockholders’ equity	67,060,208	52,652,138

Total liabilities and stockholders’ equity	$96,022,747	$77,870,489

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.