RETRACTABLE TECHNOLOGIES INC
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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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.
Jun 30, 2025 · Filed Aug 14, 2025
RVP$0.56-1.0%Stored close · as of Nov 9, 2026
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CONDENSED STATEMENTS OF OPERATIONS
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months · · Three Months · · Six Months · · Six Months · | |||||||||||||
| · June 30, 2025 · June 30, 2024 · June 30, 2025 · June 30, 2024 · | |||||||||||||
| Sales, net | | $10,445,733 | | $6,029,364 | | $18,740,906 | | $13,628,727 | | ||||
| Cost of sales: | | | | | | | | | | | | | |
| Cost of manufactured product | | 9,721,614 | | 5,853,085 | | 17,312,277 | | 10,902,131 | | ||||
| Royalty expense to shareholder | | 831,209 | | 596,203 | | 1,537,630 | | 1,245,591 | | ||||
| Total cost of sales | | 10,552,823 | | 6,449,288 | | 18,849,907 | | 12,147,722 | | ||||
| Gross profit (loss) | | (107,090) | | (419,924) | | (109,001) | | 1,481,005 | | ||||
| | | | | | | | | | | | | | |
| Operating expenses: | | | | | | | | | | | | | |
| Sales and marketing | | 1,661,743 | | 1,474,600 | | 3,263,551 | | 2,909,342 | | ||||
| Research and development | | 160,049 | | 199,093 | | 351,241 | | 341,355 | | ||||
| General and administrative | | 3,201,955 | | 3,669,189 | | 6,083,798 | | 6,979,251 | | ||||
| Total operating expenses | | 5,023,747 | | 5,342,882 | | 9,698,590 | | 10,229,948 | | ||||
| Loss from operations | | (5,130,837) | | (5,762,806) | | (9,807,591) | | (8,748,943) | | ||||
| | | | | | | | | | | | | | |
| Other income - TIA | | | 1,471,235 | | | 1,475,075 | | | 2,954,054 | | | 2,959,695 | |
| Unrealized gain (loss) on debt and equity securities | | | 1,555,676 | | | (1,779,814) | | | (5,600,837) | | | (47,165) | |
| Litigation proceeds | | | 1,900,000 | | | — | | | 1,900,000 | | | — | |
| Interest and other income | | 140,526 | | 244,518 | | 299,472 | | 561,839 | | ||||
| Interest expense | | (22,257) | | (31,817) | | (45,710) | | (65,300) | | ||||
| Loss before income taxes | | (85,657) | | (5,854,844) | | (10,300,612) | | (5,339,874) | | ||||
| Provision for income taxes | | 1,814 | | 8,309,796 | | 287,575 | | 8,395,382 | | ||||
| Net loss | | (87,471) | | (14,164,640) | | (10,588,187) | | (13,735,256) | | ||||
| Preferred Stock dividend requirements | | (57,611) | | (57,611) | | (115,222) | | (115,222) | | ||||
| Net loss applicable to common shareholders | | $(145,082) | | $(14,222,251) | | $(10,703,409) | | $(13,850,478) | | ||||
| | | | | | | | | | | | | | |
| Basic loss per share | | $(0.00) | | $(0.48) | | $(0.36) | | $(0.46) | | ||||
| | | | | | | | | | | | | | |
| Diluted loss per share | | $(0.00) | | $(0.48) | | $(0.36) | | $(0.46) | | ||||
| | | | | | | | | | | | | | |
| Weighted average common shares outstanding: | | | | | | | | | | | | | |
| Basic | | 29,937,159 | | 29,937,159 | | 29,937,159 | | 29,937,159 | | ||||
| Diluted | | 29,937,159 | | 29,937,159 | | 29,937,159 | | 29,937,159 | | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.