FREQUENCY ELECTRONICS INC
For the period ended Oct 31, 2025. Filed Dec 15, 2025.
View on SEC.govAbout 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.
Oct 31, 2025 · Filed Dec 15, 2025
FEIM$60.22+11.0%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets – October 31, 2025 (unaudited) and April 30, 2025
Condensed Consolidated Balance Sheets
(In thousands, except par value)
| October 31, | April 30, | |
|---|---|---|
| 2025 | 2025 | |
| (UNAUDITED) | ||
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $2,992 | $4,720 |
| Accounts receivable, net of allowances of $102 at October 31, 2025 and $110 at April 30, 2025 | 6,069 | 5,914 |
| Contract assets | 15,501 | 17,914 |
| Inventories | 24,682 | 23,487 |
| Prepaid income taxes | 226 | - |
| Prepaid expenses and other | 1,449 | 1,071 |
| Total current assets | 50,919 | 53,106 |
| Property, plant, and equipment, net | 6,601 | 6,188 |
| Deferred taxes | 12,153 | 12,045 |
| Goodwill | 617 | 617 |
| Cash surrender value of life insurance and assets held in trust | 11,404 | 10,882 |
| Right-of-use assets – operating leases | 8,302 | 8,659 |
| Restricted cash | 1,384 | 1,365 |
| Other assets | 875 | 875 |
| Total assets | $92,255 | $93,737 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | ||
| Current liabilities: | ||
| Accounts payable – trade | $1,420 | $1,359 |
| Accrued liabilities | 5,022 | 5,899 |
| Loss provision accrual | 46 | 460 |
| Income taxes payable | - | 103 |
| Operating lease liability - current portion | 2,083 | 2,027 |
| Contract liabilities | 11,095 | 13,607 |
| Total current liabilities | 19,666 | 23,455 |
| Deferred compensation | 7,819 | 7,933 |
| Operating lease liability – non-current portion | 6,315 | 6,729 |
| Total liabilities | 33,800 | 38,117 |
| Stockholders’ equity: | ||
| Preferred stock - $1.00 par value; authorized 600 shares, no shares issued | - | - |
| Common stock - $1.00 par value; authorized 20,000 shares, 9,818 shares issued and 9,773 shares outstanding at October 31, 2025; 9,717 shares issued and 9,704 shares outstanding at April 30, 2025 | 9,818 | 9,717 |
| Additional paid-in capital | 43,732 | 42,475 |
| Retained earnings | 6,094 | 3,659 |
| Common stock reacquired and held in treasury - at cost (45 shares at October 31, 2025 and 13 shares at April 30, 2025) | (1,189) | (231) |
| Total stockholders’ equity | 58,455 | 55,620 |
| Total liabilities and stockholders’ equity | $92,255 | $93,737 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.