NORTECH SYSTEMS INC
For the period ended Mar 31, 2025. Filed May 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.
Mar 31, 2025 · Filed May 14, 2025
NSYS$10.54-5.9%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Shareholders’ Equity
NORTECH SYSTEMS INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
| Accumulated | ||||||||
|---|---|---|---|---|---|---|---|---|
| Additional · Other · Total | ||||||||
| Preferred Stock · Common Stock · Paid-In · Comprehensive · Retained · Shareholders’ | ||||||||
| Shares | Amount | Shares | Amount | Capital | Loss | Earnings | Equity | |
| Balance as of December 31, 2023 | 250 | $250 | 2,740 | $27 | $16,929 | $(532) | $18,670 | $35,344 |
| Net income | - | - | - | - | - | - | 765 | 765 |
| Foreign currency translation adjustment | - | - | - | - | - | (183) | - | (183) |
| Restricted Stock Unit Vesting | - | - | 15 | - | - | - | - | - |
| Compensation on stock-based awards | - | - | - | - | 80 | - | - | 80 |
| Balance as of March 31, 2024 | 250 | $250 | 2,755 | $27 | $17,009 | $(715) | $19,435 | $36,006 |
| Balance as of December 31, 2024 | 250 | $250 | 2,761 | $28 | $17,329 | $(977) | $17,375 | $34,005 |
| Net loss | - | - | - | - | - | - | (1,316) | (1,316) |
| Foreign currency translation adjustment | - | - | - | - | - | 6 | - | 6 |
| Stock option exercises | - | - | - | - | 19 | - | - | 19 |
| Compensation on stock-based awards | - | - | - | - | 118 | - | - | 118 |
| Balance as of March 31, 2025 | 250 | $250 | 2,761 | $28 | $17,466 | $(971) | $16,059 | $32,832 |
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