PRO DEX INC

For the period ended Mar 31, 2024. Filed May 2, 2024.

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 2, 2024

PDEX$69.86-0.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Income Statements

(In thousands, except per share amounts)

	Three Months Ended March 31,		Nine Months Ended March 31,
	2024	2023	2024	2023
(restated) · (restated)
Net sales	$14,293	$13,079	$38,819	$35,448
Cost of sales	10,291	9,268	28,357	26,058
Gross profit	4,002	3,811	10,462	9,390
Operating expenses:
Selling expenses	17	24	79	146
General and administrative expenses	1,012	1,009	3,208	2,983
Research and development costs	760	713	2,353	2,109
Total operating expenses	1,789	1,746	5,640	5,238
Operating income	2,213	2,065	4,822	4,152
Interest expense	138	131	409	389
Unrealized gain (loss) on marketable equity investments	(1,192)	242	(3,785)	3,407
Interest and other income	30	11	76	235
Gain on sale of investments	—	—	—	7
Income before income taxes	913	2,187	704	7,412
Income tax expense	258	570	164	1,840
Net income	$655	$1,617	$540	$5,572
Basic net income per share:
Net income	$0.19	$0.46	$0.15	$1.56
Diluted net income per share:
Net income	$0.19	$0.45	$0.15	$1.52
Weighted average common shares outstanding:
Basic	3,451	3,548	3,531	3,580
Diluted	3,524	3,623	3,604	3,656
Common shares outstanding	3,451	3,545	3,451	3,545

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.