RETRACTABLE TECHNOLOGIES INC

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

Mar 31, 2025 · Filed May 15, 2025

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

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Contents

CONDENSED STATEMENTS OF OPERATIONS


· · Three Months · · Three Months ·
· March 31, 2025 · March 31, 2024
Sales, net	$8,295,173	$7,599,363
Cost of sales:
Cost of manufactured product	7,590,663	5,049,046
Royalty expense to shareholder	706,421	649,388
Total cost of sales	8,297,084	5,698,434
Gross profit (loss)	(1,911)	1,900,929

Operating expenses:
Sales and marketing	1,601,808	1,434,742
Research and development	191,192	142,262
General and administrative	2,881,841	3,310,062
Total operating expenses	4,674,841	4,887,066
Loss from operations	(4,676,752)	(2,986,137)

Other income - TIA	1,482,819	1,484,620
Unrealized gain (loss) on debt and equity securities	(7,156,513)	1,732,649
Interest and other income	158,946	317,321
Interest expense	(23,455)	(33,483)
Income (loss) before income taxes	(10,214,955)	514,970
Provision for income taxes	285,761	85,586
Net income (loss)	(10,500,716)	429,384
Preferred Stock dividend requirements	(57,611)	(57,611)
Net income (loss) applicable to common shareholders	$(10,558,327)	$371,773

Basic earnings (loss) per share	$(0.35)	$0.01

Diluted earnings (loss) per share	$(0.35)	$0.01

Weighted average common shares outstanding:
Basic	29,937,159	29,937,159
Diluted	29,937,159	29,945,353

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.