NN INC

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

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.

FY2024 · Filed Mar 6, 2025

NNBR$3.09+12.4%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,
(in thousands, except per share data)	2024	2023
Assets
Current assets:
Cash and cash equivalents	$18,128	$21,903
Accounts receivable, net	61,549	65,545
Inventories	61,877	71,563
Income tax receivable	12,634	11,885
Prepaid assets	2,855	2,464
Other current assets	10,519	9,194
Total current assets	167,562	182,554
Property, plant and equipment, net	162,034	185,812
Operating lease right-of-use assets	39,317	43,357
Intangible assets, net	44,410	58,724
Investment in joint venture	34,971	32,701
Deferred tax assets	1,329	734
Other non-current assets	7,270	7,003
Total assets	$456,893	$510,885
Liabilities, Preferred Stock, and Stockholders’ Equity
Current liabilities:
Accounts payable	$38,879	$45,480
Accrued salaries, wages and benefits	19,915	15,464
Income tax payable	659	524
Short-term debt and current maturities of long-term debt	5,039	3,910
Current portion of operating lease liabilities	6,038	5,735
Other current liabilities	13,382	10,506
Total current liabilities	83,912	81,619
Deferred tax liabilities	4,969	4,988
Long-term debt, net of current maturities	143,591	149,369
Operating lease liabilities, net of current portion	42,291	47,281
Other non-current liabilities	14,111	24,827
Total liabilities	288,874	308,084
Commitments and contingencies (Note 12)
Series D perpetual preferred stock - $0.01 par value per share, 65 shares authorized, issued and outstanding at December 31, 2024 and 2023, respectively	93,497	77,799
Stockholders’ equity:
Common stock - $0.01 par value per share, 90,000 shares authorized, 49,908 and 47,269 shares issued and outstanding at December 31, 2024 and 2023, respectively	499	473
Additional paid-in capital	455,811	457,632
Accumulated deficit	(333,621)	(295,348)
Accumulated other comprehensive loss	(48,167)	(37,755)
Total stockholders’ equity	74,522	125,002
Total liabilities, preferred stock, and stockholders’ equity	$456,893	$510,885

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.