FRIEDMAN INDUSTRIES INC
For the period ended Mar 31, 2025. Filed Jun 12, 2025.
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FY2025 · Filed Jun 12, 2025
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EX-13.1 · Recurring Fair Value Measurements
Recurring Fair Value Measurements
At* March**31,* 2025, our financial assets, net, measured at fair value on a recurring basis were as follows (in thousands):
| Quoted Prices | ||||
|---|---|---|---|---|
| in Active · Significant | ||||
| Markets for · Other · Significant | ||||
| Identical · Observable · Unobservable | ||||
| Assets · Inputs · Inputs | ||||
| (Level 1) | (Level 2) | (Level 3) | Total | |
| Commodity futures – financial assets, net | $349 | $— | $— | $349 |
| Total | $349 | $— | $— | $349 |
At* March 31, 2024,*our financial liabilities, net, measured at fair value on a recurring basis were as follows (in thousands):
| Quoted Prices | ||||
|---|---|---|---|---|
| in Active · Significant | ||||
| Markets for · Other · Significant | ||||
| Identical · Observable · Unobservable | ||||
| Assets · Inputs · Inputs | ||||
| (Level 1) | (Level 2) | (Level 3) | Total | |
| Commodity futures – financial liabilities, net | $(1,612) | $— | $— | $(1,612) |
| Total | $(1,612) | $— | $— | $(1,612) |
At* March 31, 2025and2024,* the Company didnot have any fair value measurements on a non-recurring basis.
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