Elmet Group Co.
For the period ended Apr 3, 2026. Filed May 29, 2026.
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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.
Apr 3, 2026 · Filed May 29, 2026
ELMT$19.38-11.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except share and per share data)
| Three Months Ended | ||
|---|---|---|
| April 3, 2026 | March 31, 2025 | |
| Revenue | $56,007 | $46,387 |
| Cost of goods sold | 44,159 | 37,776 |
| Gross profit | 11,848 | 8,611 |
| Operating expenses: | ||
| General and administrative | 7,068 | 3,259 |
| Research and development | 850 | 811 |
| Sales and marketing | 2,067 | 1,683 |
| Total operating expenses | 9,985 | 5,753 |
| Operating income | 1,863 | 2,858 |
| Other (income) expense, net: | ||
| Interest expense | 613 | 510 |
| Interest expense – related party | 627 | 416 |
| Change in fair value of derivative asset | (3,095) | — |
| Other (income) expense, net | (654) | 79 |
| Total other (income) expense, net | (2,509) | 1,005 |
| Income from continuing operations before taxes | 4,372 | 1,853 |
| Income tax provision | 4,710 | — |
| (Loss) income from continuing operations | (338) | 1,853 |
| Loss from discontinued operations | — | (656) |
| Net (loss) income | $(338) | $1,197 |
| Net (loss) income per share: | ||
| Basic | $(0.02) | $0.06 |
| Diluted | $(0.02) | $0.06 |
| Weighted average shares outstanding | ||
| Basic | 20,123,187 | 20,123,187 |
| Diluted | 20,123,187 | 20,123,187 |
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