UNITED GUARDIAN INC
For the period ended Dec 31, 2023. Filed Mar 22, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
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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Statements of Income
| Years ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Net sales | $10,885,154 | $12,698,503 |
| Costs and expenses: | ||
| Cost of sales | 5,479,566 | 5,996,376 |
| Operating expenses | 2,078,564 | 2,174,127 |
| Research and development | 463,992 | 490,770 |
| Total costs and expenses | 8,022,122 | 8,661,273 |
| Income from operations | 2,863,032 | 4,037,230 |
| Other income (expense): | ||
| Investment income | 306,651 | 236,695 |
| Net gain (loss) on marketable securities | 81,095 | (1,046,245) |
| Total other income (expense) | 387,746 | (809,550) |
| Income before provision for income taxes | 3,250,778 | 3,227,680 |
| Provision for income taxes | 669,408 | 658,168 |
| Net income | $2,581,370 | $2,569,512 |
| Earnings per common share (basic and diluted) | $0.56 | $0.56 |
| Weighted average shares (basic and diluted) | 4,594,319 | 4,594,319 |
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