TAYLOR DEVICES INC

For the period ended Nov 30, 2024. Filed Jan 3, 2025.

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.

Nov 30, 2024 · Filed Jan 3, 2025

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

See the whole filing, with its images and exhibits

Contents

Item 1. Financial Statements

Part I – Financial Information Item 1. Financial Statements TAYLOR DEVICES, INC. AND SUBSIDIARY
Condensed Consolidated Balance Sheets · (Unaudited)
	November 30,	May 31,
	2024	2024
Assets
Current assets:
Cash and cash equivalents	$2,355,333	$2,831,471
Short-term investments	24,246,282	28,131,279
Accounts and other receivables, net	8,247,705	5,212,408
Inventory	8,610,730	7,512,052
Costs and estimated earnings in excess of billings	3,017,641	4,356,565
Other current assets	2,099,632	725,506
Total current assets	48,577,323	48,769,281
Maintenance and other inventory, net	1,427,583	1,579,829
Property and equipment, net	11,318,103	11,180,933
Patents, net	281,481	292,593
Other assets	244,627	242,167
Deferred income taxes	1,012,615	1,012,615
	$62,861,732	$63,077,418
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$857,351	$1,438,847
Accrued expenses	2,497,496	4,664,463
Billings in excess of costs and estimated earnings	3,707,908	5,601,274
Accrued income taxes	-	126,148
Total current liabilities	7,062,755	11,830,732
Stockholders' Equity:
Common stock and additional paid-in capital	14,024,605	13,063,587
Retained earnings	54,849,833	51,127,018
	68,874,438	64,190,605
Treasury stock - at cost	(13,075,461)	(12,943,919)
Total stockholders’ equity	55,798,977	51,246,686
	$62,861,732	$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.