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MESA LABORATORIES INC /CO/

For the period ended Mar 31, 2026. Filed Jun 3, 2026.

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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.

FY2026 · Filed Jun 3, 2026

MLAB$127.82-0.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Table of Contents

Part I1
Item 1. Business1
Item 1A. Risk Factors8
Item 1B. Unresolved Staff Comments23
Item 1C. Cybersecurity23
Item 2. Properties24
Item 3. Legal Proceedings24
Item 4. Mine Safety Disclosures24
Part II25
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities25
Item 6. Reserved26
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Item 7A. Quantitative and Qualitative Disclosures About Market Risk36
Item 8. Financial Statements and Supplementary Data37
Consolidated Balance Sheets40
Consolidated Statements of Operations41
Consolidated Statements of Comprehensive Income (Loss)42
Consolidated Statements of Stockholders’ Equity43
Consolidated Statements of Cash Flows44
Notes to Consolidated Financial Statements45
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure72
Item 9A. Controls and Procedures72
Item 9B. Other Information73
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections73
Part III73
Item 10. Directors, Executive Officers and Corporate Governance73
Item 11. Executive Compensation74
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters74
Item 13. Certain Relationships and Related Transactions, and Director Independence74
Item 14. Principal Accountant Fees and Services74
Part IV75
Item 15. Exhibits and Financial Statement Schedules75
Signatures77

Forward-Looking Statements

This Annual Report on Form 10-K ("this annual report") contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”). The forward-looking statements in this annual reportdo not constitute guarantees of future performance. Investors are cautioned that statements in this annual reportwhich are not strictly historical statements, including, without limitation, express or implied statements or guidance regarding current or future financial performance and position, management’s strategy, plans and objectives for future operations or acquisitions, product development and sales, product research and development, regulatory approvals, selling, general and administrative expenditures, intellectual property, development and manufacturing plans, availability of materials and products, the direct and indirect effects of tariffs and uncertainty regarding tariff policies, adequacy of capital resources and financing plans constitute forward-looking statements, competitive factors, tax rates and cost savings. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which the Company operates, and management’s current beliefs and assumptions. In addition, other written and oral statements that constitute forward-looking statements may be made by the Company or on the Company’s behalf. Words such as“expect,”* “anticipate,” “intend,” “plan,” “seek,” “believe,” “could,” “estimate,” “may,” “target,” “project,” or variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including those discussed in Item 1A.“Risk Factors,” and elsewhere in this report. We disclaim any obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.*

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