TAYLOR DEVICES, INC.

For the period ended Feb 28, 2025. Filed Mar 28, 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.

Feb 28, 2025 · Filed Mar 28, 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)
	February 28,	May 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$2,301,704	$2,831,471
Short-term investments	33,135,711	28,131,279
Accounts and other receivables, net	6,716,656	5,212,408
Inventory	8,805,159	7,512,052
Costs and estimated earnings in excess of billings	3,229,752	4,356,565
Other current assets	2,202,339	725,506
Total current assets	56,391,321	48,769,281
Maintenance and other inventory, net	1,230,668	1,579,829
Property and equipment, net	10,952,309	11,180,933
Patents, net	275,925	292,593
Other assets	283,775	242,167
Deferred income taxes	1,012,615	1,012,615
	$70,146,613	$63,077,418
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$1,114,710	$1,438,847
Accrued expenses	7,996,709	4,664,463
Billings in excess of costs and estimated earnings	3,232,563	5,601,274
Accrued income taxes	-	126,148
Total current liabilities	12,343,982	11,830,732
Stockholders' Equity:
Common stock and additional paid-in capital	14,034,745	13,063,587
Retained earnings	56,852,078	51,127,018
	70,886,823	64,190,605
Treasury stock - at cost	(13,084,192)	(12,943,919)
Total stockholders’ equity	57,802,631	51,246,686
	$70,146,613	$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.