FRIEDMAN INDUSTRIES INC
For the period ended Mar 31, 2026. Filed Jun 11, 2026.
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FY2026 · Filed Jun 11, 2026
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EX-13.1 · Recurring Fair Value Measurements
Recurring Fair Value Measurements
At* March 31, 2026*, our financial assets and liabilities, 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 | $(273) | $— | $— | $(273) |
| Contingent consideration for business combination - financial liability | — | — | $(2,160) | $(2,160) |
| Total | $(273) | $— | $(2,160) | $(2,433) |
At* March 31, 2025*, our financial assets and liabilities, 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, 2026* and2025, the Company didnot have any fair value measurements on a non-recurring basis.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.