NATURAL ALTERNATIVES INTERNATIONAL INC

For the period ended Dec 31, 2023. Filed Feb 13, 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.

Dec 31, 2023 · Filed Feb 13, 2024

NAII$1.00-12.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income

(In thousands, except share and per share data)

Three Months Ended · Six Months Ended
	December 31,		December 31,
	2023	2022	2023	2022
Net sales	$ 25,202	$ 42,295	$ 59,171	$ 85,422
Cost of goods sold	24,815	36,081	55,647	73,837
Gross profit	387	6,214	3,524	11,585
Selling, general and administrative	3,900	3,729	7,581	7,558
(Loss) income from operations	(3,513)	2,485	(4,057)	4,027
Other (expense) income:
Interest income	13	9	22	13
Interest expense	(70)	(55)	(163)	(130)
Foreign exchange loss	(240)	(143)	(517)	(290)
Other, net	(21)	(10)	—	(16)
Total other expense	(318)	(199)	(658)	(423)
(Loss) income before income taxes	(3,831)	2,286	(4,715)	3,604
(Benefit) provision for income taxes	(761)	473	(950)	738
Net (loss) income	$ (3,070)	$ 1,813	$ (3,765)	$ 2,866
Unrealized loss resulting from change in fair value of derivative instruments, net of tax	(590)	(1,809)	(149)	(1,264)
Comprehensive (loss) income	$ (3,660)	$ 4	$ (3,914)	$ 1,602
Net (loss) income per common share:
Basic	$ (0.52)	$ 0.31	$ (0.64)	$ 0.49
Diluted	$ (0.52)	$ 0.31	$ (0.64)	$ 0.49
Weighted average common shares outstanding
Basic	5,850,131	5,866,494	5,850,131	5,893,071
Diluted	5,850,131	5,873,129	5,850,131	5,908,287

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.