INTEST CORP

For the period ended Mar 31, 2025. Filed May 8, 2025.

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, 2025 · Filed May 8, 2025

INTT$13.90+1.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets as of (Unaudited) and

CONSOLIDATED BALANCE SHEETS

	March 31,	December 31,
	2025	2024
(In thousands, except share and per share data) · (Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$22,048	$19,830
Trade accounts receivable, net of allowance for credit losses of $411 and $423, respectively	21,178	29,495
Inventories	27,608	26,837
Prepaid expenses and other current assets	4,087	2,650
Total current assets	74,921	78,812
Property and equipment, net of accumulated depreciation of $9,177 and $8,830, respectively	4,428	4,457
Right-of-use assets, net	10,293	10,767
Goodwill	31,236	30,744
Intangible assets, net	26,138	26,376
Deferred tax assets	-	67
Other assets	1,011	1,065
Total assets	$148,027	$152,288
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$6,876	$7,494
Current portion of operating lease liabilities	2,056	1,989
Accounts payable	8,232	7,991
Customer deposits and deferred revenue	4,938	4,989
Accrued expenses and other current liabilities	9,225	9,485
Total current liabilities	31,327	31,948
Operating lease liabilities, net of current portion	8,596	9,021
Long-term debt, net of current portion	4,952	7,538
Contingent consideration, net of current portion	417	825
Deferred revenue, net of current portion	1,405	1,432
Deferred tax liabilities	258	-
Other liabilities	1,677	1,734
Total liabilities	48,632	52,498
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding	-	-
Common stock, $0.01 par value; 20,000,000.00 shares authorized; 12,574,788 and 12,457,658 shares issued, respectively; 12,494,760 and 12,378,276 shares outstanding, respectively	125	124
Additional paid-in capital	58,134	57,658
Retained earnings	42,758	45,087
Accumulated other comprehensive loss	(675)	(2,137)
Treasury stock, at cost; 80,028 and 79,382 shares, respectively	(947)	(942)
Total stockholders’ equity	99,395	99,790
Total liabilities and stockholders’ equity	$148,027	$152,288

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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.