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Midas Edge

RETRACTABLE TECHNOLOGIES INC

For the period ended Mar 31, 2025. Filed May 15, 2025.

View on SEC.gov

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.

Mar 31, 2025 · Filed May 15, 2025

RVP$0.56-1.0%Stored close · as of Nov 9, 2026

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

See the whole filing, with its images and exhibits
Contents

CONDENSED BALANCE SHEETS

​​​​​​​
​March 31, 2025December 31, 2024
ASSETS​​​​​​
Current assets:​​​​​​
Cash and cash equivalents​$3,382,915​$4,235,388
Accounts receivable, net​5,359,098​7,786,697
Investments in debt and equity securities, at fair value​​32,322,786​​40,328,308
Inventories​21,182,745​19,189,753
Income taxes receivable​​694,904​​978,851
Other current assets​719,928​753,062
Total current assets​63,662,376​73,272,059
​​​​​​​
Property, plant, and equipment, net​85,552,625​87,348,518
Other assets​92,448​103,625
Total assets​$149,307,449​$160,724,202
​​​​​​​
LIABILITIES AND STOCKHOLDERS’ EQUITY​​​​​​
Current liabilities:​​​​​​
Accounts payable​$4,723,664​$4,290,588
Current portion of long-term debt​343,216​332,480
Accrued compensation​918,104​1,073,357
Dividends payable​1,417,437​1,417,437
Accrued royalties to shareholder​706,421​789,358
Other accrued liabilities​1,387,304​873,254
Income taxes payable​1,815​4,442
Total current liabilities​9,497,961​8,780,916
​​​​​​​
Other long-term liabilities​​62,389,734​​63,872,553
Long-term debt, net of current maturities​807,390​900,042
Total liabilities​72,695,085​73,553,511
​​​​​​​
Commitments and contingencies – see Note 10​​​​​​
​​​​​​​
Stockholders’ equity:​​​​​​
Preferred stock, $1 par value:​​​​​​
Class B; authorized: 5,000,000 shares​​​​​​
Series II, Class B​156,200​156,200
Series III, Class B​74,245​74,245
Common Stock, no par value​—​—
Additional paid-in capital​73,160,333​73,160,333
Retained earnings​16,110,264​26,668,591
Common stock in treasury – at cost​​(12,888,678)​​(12,888,678)
Total stockholders’ equity​76,612,364​87,170,691
Total liabilities and stockholders’ equity​$149,307,449​$160,724,202
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.