FREQUENCY ELECTRONICS INC

For the period ended Jul 31, 2026. Filed Sep 14, 2026.

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.

Jul 31, 2026 · Filed Sep 14, 2026

FEIM$60.22+11.0%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets – July 31, 2026 (unaudited) and April 30, 2026

Condensed Consolidated Balance Sheets

(In thousands, except par value)

	July 31,	April 30,
	2026	2026
(UNAUDITED)
ASSETS:
Current assets:
Cash and cash equivalents	$61,407	$1,603
Accounts receivable, net of allowances of $39 at July 31, 2026 and at April 30, 2026	6,224	4,637
Contract assets	19,637	17,277
Inventories	22,206	22,618
Prepaid income taxes	85	221
Prepaid expenses and other	1,493	1,620
Total current assets	111,052	47,976
Property, plant, and equipment, net	7,661	7,105
Deferred taxes	13,219	14,084
Goodwill	218	218
Cash surrender value of life insurance and assets held in trust	11,797	11,744
Right-of-use assets – operating leases	6,953	7,409
Restricted cash	1,338	1,331
Other assets	1,339	839
Total assets	$153,577	$90,706
LIABILITIES AND STOCKHOLDERS’ EQUITY:
Current liabilities:
Accounts payable – trade	$1,593	$2,979
Accrued liabilities	6,005	6,482
Loss provision accrual	14	103
Operating lease liability, current portion	1,679	2,002
Contract liabilities	11,519	9,418
Total current liabilities	20,810	20,984
Deferred compensation	7,617	7,664
Operating lease liability, non-current portion	5,283	5,648
Other liabilities	30	7
Total liabilities	33,740	34,303
Stockholders’ equity:
Preferred stock - $1.00 par value; authorized 600 shares, no shares issued and outstanding	-	-
Common stock - $1.00 par value; authorized 20,000 shares, 11,017 shares issued and 10,961 shares outstanding at July 31, 2026; 9,925 shares issued and 9,869 shares outstanding at April 30, 2026	11,017	9,925
Additional paid-in capital	103,632	45,506
Retained earnings	6,972	2,756
Common stock reacquired and held in treasury - at cost (56 shares at July 31, 2026 and at April 30, 2026)	(1,784)	(1,784)
Total stockholders’ equity	119,837	56,403
Total liabilities and stockholders’ equity	$153,577	$90,706

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.