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ACME UNITED CORP

For the period ended Mar 31, 2024. Filed May 8, 2024.

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About this filing

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, 2024 · Filed May 8, 2024

ACU$68.38-0.7%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: March 31,2024

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from: to

Commission file number:01-07698

ACME UNITED CORP ORATION

(Exact Name of Registrant as Specified in Its Charter)

Connecticut06-0236700
State or Other Jurisdiction ofI.R.S. Employer Identification No.
Incorporation or Organization
1 Waterview Drive, Shelton, Connecticut06484
Address of Principal Executive OfficesZip Code

Registrant's telephone number, including area code:(203)254-6060

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
$2.50 par value Common StockACUNYSE American

Indicate by check mark whether the registrant (l) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (sec. 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act (Check one).

Large accelerated filer☐Accelerated filer☒
Non-accelerated filer☐Smaller Reporting Company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(s) of the Exchange Act☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒

Registrant had 3,661,880 shares of its $2.50 par value Common Stock outstanding as of May 3, 2024.

INDEX

PageNumber
Part I — FINANCIAL INFORMATION:3
Item 1:Financial Statements (Unaudited)3
Condensed Consolidated Balance Sheets at March 31, 2024 and December 31, 20233
Condensed Consolidated Statements of Operations for the three months ended March 31, 2024 and 20235
Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2024 and 20236
Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31, 2024 and 20237
Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2024 and 20238
Notes to Condensed Consolidated Financial Statements9
Item 2:Management’s Discussion and Analysis of Financial Condition and Results of Operations15
Item 3:Quantitative and Qualitative Disclosures about Market Risk18
Item 4:Controls and Procedures18
Part II — OTHER INFORMATION:19
Item 1:Legal Proceedings19
Item 1A:Risk Factors19
Item 2:Unregistered Sales of Equity Securities and Use of Proceeds19
Item 3:Defaults Upon Senior Securities19
Item 4:Mine Safety Disclosures19
Item 5:Other Information19
Item 6:Exhibits19
Signatures20
ContentsView on SEC.gov

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