TAYLOR DEVICES INC

For the period ended Aug 31, 2024. Filed Sep 27, 2024.

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.

Aug 31, 2024 · Filed Sep 27, 2024

TAYD$56.87+3.1%Stored close · as of Nov 6, 2026

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Contents

Item 1. Financial Statements

TAYLOR DEVICES, INC. AND SUBSIDIARY
Part I - Financial Information Item 1. Financial Statements Condensed Consolidated Balance Sheets · (Unaudited)
	August 31,	May 31,
	2024	2024
Assets
Current assets:
Cash and cash equivalents	$2,163,496	$2,831,471
Short-term investments	24,972,695	28,131,279
Accounts and other receivables, net	6,779,579	5,212,408
Inventory	8,154,045	7,512,052
Costs and estimated earnings in excess of billings	4,333,098	4,356,565
Other current assets	1,617,897	725,506
Total current assets	48,020,810	48,769,281
Maintenance and other inventory, net	1,283,527	1,579,829
Property and equipment, net	11,047,717	11,180,933
Patents, net	287,037	292,593
Other assets	243,280	242,167
Deferred income taxes	1,012,615	1,012,615
	$61,894,986	$63,077,418
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$1,847,922	$1,438,847
Accrued expenses	2,396,249	4,664,463
Billings in excess of costs and estimated earnings	2,984,361	5,601,274
Accrued income taxes	742,100	126,148
Total current liabilities	7,970,632	11,830,732
Stockholders' Equity:
Common stock and additional paid-in capital	13,074,600	13,063,587
Retained earnings	53,793,673	51,127,018
	66,868,273	64,190,605
Treasury stock - at cost	(12,943,919)	(12,943,919)
Total stockholders’ equity	53,924,354	51,246,686
	$61,894,986	$63,077,418

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.