UNITED GUARDIAN INC
For the period ended Dec 31, 2023. Filed Mar 22, 2024.
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FY2023 · Filed Mar 22, 2024
UG$8.85+31.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets F-5 & F-6
ASSETS
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Current assets: | ||
| Cash and cash equivalents | $8,243,122 | $830,452 |
| Marketable securities | 851,318 | 5,653,516 |
| Accounts receivable, net of allowance for credit losses of $16,672 in 2023 and $20,063 in 2022 | 1,566,839 | 1,427,576 |
| Inventories, net | 1,223,506 | 1,672,012 |
| Prepaid expenses and other current assets | 191,708 | 201,846 |
| Prepaid income taxes | 176,220 | 185,228 |
| Total current assets | 12,252,713 | 9,970,630 |
| Deferred income taxes, net | 50,930 | 110,544 |
| Property, plant, and equipment: | ||
| Land | 69,000 | 69,000 |
| Factory equipment and fixtures | 4,669,936 | 4,585,055 |
| Building and improvements | 2,976,577 | 2,895,742 |
| Total property, plant and equipment | 7,715,513 | 7,549,797 |
| Less accumulated depreciation | 7,096,318 | 6,990,636 |
| Total property, plant, and equipment, net | 619,195 | 559,161 |
| TOTAL ASSETS | $12,922,838 | $10,640,335 |
BALANCE SHEETS
LIABILITIES AND STOCKHOLDERS' EQUITY
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Current liabilities: | ||
| Accounts payable | $134,449 | $30,415 |
| Accrued expenses | 1,363,044 | 1,322,056 |
| Deferred revenue | 15,498 | --- |
| Dividends payable | 21,265 | 21,220 |
| Total current liabilities | 1,534,256 | 1,373,691 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $.10 par value; 10,000,000 shares authorized; 4,594,319 shares issued and outstanding at December 31, 2023 and 2022 | 459,432 | 459,432 |
| Retained earnings | 10,929,150 | 8,807,212 |
| Total stockholders’ equity | 11,388,582 | 9,266,644 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $12,922,838 | $10,640,335 |
**STATEMENTS OF STOCKHOLDERS' EQUITY
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