NORTECH SYSTEMS INC
For the period ended Jun 30, 2025. Filed Aug 7, 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 7, 2025
NSYS$10.69+1.4%Stored close · as of Nov 10, 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 March 31, 2024 | 250 | $250 | 2,755 | $27 | $17,009 | $(715) | $19,435 | $36,006 |
| Net income | - | - | - | - | - | - | 157 | 157 |
| Foreign currency translation adjustment | - | - | - | - | - | (175) | - | (175) |
| Compensation on stock-based awards | - | - | - | - | 126 | - | - | 126 |
| Issuance for stock-based awards | - | - | 7 | 1 | 30 | - | - | 31 |
| Balance as of June 30, 2024 | 250 | $250 | 2,762 | $28 | $17,165 | $(890) | $19,592 | $36,145 |
| Balance as of March 31, 2025 | 250 | $250 | 2,761 | $28 | $17,466 | $(971) | $16,059 | $32,832 |
| Net income | - | - | - | - | - | - | 313 | 313 |
| Foreign currency translation adjustment | - | - | - | - | - | 124 | - | 124 |
| Stock option exercises | - | - | 19 | - | 2 | - | - | 2 |
| Compensation on stock-based awards | - | - | - | - | 117 | - | - | 117 |
| Balance as of June 30, 2025 | 250 | $250 | 2,780 | $28 | $17,585 | $(847) | $16,372 | $33,388 |
| Balance as of December 31, 2023 | 250 | $250 | 2,740 | $27 | $16,929 | $(532) | $18,670 | $35,344 |
| Net income | - | - | - | - | - | - | 922 | 922 |
| Foreign currency translation adjustment | - | - | - | - | - | (358) | - | (358) |
| Compensation on stock-based awards | - | - | - | - | 206 | - | - | 206 |
| Issuance for stock-based awards | - | - | 22 | 1 | 30 | - | - | 31 |
| Balance as of June 30, 2024 | 250 | $250 | 2,762 | $28 | $17,165 | $(890) | $19,592 | $36,145 |
| Balance as of December 31, 2024 | 250 | $250 | 2,761 | $28 | $17,329 | $(977) | $17,375 | $34,005 |
| Net loss | - | - | - | - | - | - | (1,003) | (1,003) |
| Foreign currency translation adjustment | - | - | - | - | - | 130 | - | 130 |
| Stock option exercises | - | - | 19 | - | 21 | - | - | 21 |
| Compensation on stock-based awards | - | - | - | - | 235 | - | - | 235 |
| Balance as of June 30, 2025 | 250 | $250 | 2,780 | $28 | $17,585 | $(847) | $16,372 | $33,388 |
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