PRO DEX INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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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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Item 1. Condensed Consolidated Balance Sheets
(In thousands, except share amounts)
| March 31, 2024 | June 30, 2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $3,219 | $2,936 |
| Investments | 4,577 | 1,134 |
| Accounts receivable, net of allowance for expected credit losses of $1 and $0 at March 31, 2024 and at June 30, 2023, respectively | 12,516 | 9,952 |
| Deferred costs | 331 | 494 |
| Inventory | 14,242 | 16,167 |
| Prepaid expenses and other current assets | 1,072 | 296 |
| Total current assets | 35,957 | 30,979 |
| Land and building, net | 6,179 | 6,249 |
| Equipment and leasehold improvements, net | 5,191 | 5,079 |
| Right of use asset, net | 1,575 | 1,872 |
| Intangibles, net | 61 | 81 |
| Investments | 1,543 | 7,521 |
| Other assets | 42 | 42 |
| Total assets | $50,548 | $51,823 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $3,435 | $2,261 |
| Accrued expenses | 2,701 | 3,135 |
| Deferred revenue | 35 | — |
| Income taxes payable | 390 | 453 |
| Note payable | 3,858 | 3,827 |
| Total current liabilities | 10,419 | 9,676 |
| Lease liability, net of current portion | 1,299 | 1,638 |
| Deferred income taxes, net | 8 | 8 |
| Notes payable, net of current portion | 7,884 | 8,911 |
| Total non-current liabilities | 9,191 | 10,557 |
| Total liabilities | 19,610 | 20,233 |
| Shareholders’ equity: | ||
| Common shares; no par value; 50,000,000 shares authorized; 3,451,423 and 3,545,309 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively | 5,575 | 6,767 |
| Retained earnings | 25,363 | 24,823 |
| Total shareholders’ equity | 30,938 | 31,590 |
| Total liabilities and shareholders’ equity | $50,548 | $51,823 |
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