Nortech Systems Inc financial data

Symbol
NSYS on Nasdaq
Location
7550 Meridian Circle N, Suite 150, Maple Grove, MN
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 266 % +14.2%
Quick Ratio 95.9 % +6.63%
Debt-to-equity 119 % +6.44%
Return On Equity -9.48 % -150%
Return On Assets -4.33 % -149%
Operating Margin -2.18 % -156%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.79M shares +0.87%
Common Stock, Shares, Outstanding 2.78M shares +0.65%
Entity Public Float 17.7M USD +43.3%
Common Stock, Value, Issued 28K USD 0%
Weighted Average Number of Shares Outstanding, Basic 2.77M shares +0.49%
Weighted Average Number of Shares Outstanding, Diluted 2.95M shares +0.65%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.4M USD
Revenue from Contract with Customer, Excluding Assessed Tax 118M USD -14.5%
Research and Development Expense 1.21M USD -0.41%
General and Administrative Expense 11.1M USD -8.86%
Operating Income (Loss) -2.57M USD -148%
Nonoperating Income (Expense) -167K USD -51.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.45M USD -173%
Income Tax Expense (Benefit) -228K USD +87.1%
Net Income (Loss) Attributable to Parent -3.22M USD -150%
Earnings Per Share, Basic -1 USD/shares -149%
Earnings Per Share, Diluted -1 USD/shares -151%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 652K USD -57.7%
Accounts Receivable, after Allowance for Credit Loss, Current 17.8M USD +1.33%
Inventory, Net 18.6M USD -18.3%
Assets, Current 58.3M USD -1.42%
Deferred Income Tax Assets, Net 3.28M USD +24%
Property, Plant and Equipment, Net 5.44M USD -9.3%
Operating Lease, Right-of-Use Asset 7.56M USD -8.59%
Other Assets, Noncurrent 61K USD
Assets 74.8M USD -1.88%
Accounts Payable, Current 11.9M USD -6.26%
Employee-related Liabilities, Current 1.75M USD -32.9%
Contract with Customer, Liability, Current 5.18M USD -5.08%
Liabilities, Current 21.6M USD -7.25%
Deferred Income Tax Liabilities, Net 278K USD
Operating Lease, Liability, Noncurrent 7.15M USD -10.1%
Other Liabilities, Noncurrent 288K USD -29.6%
Liabilities 41.4M USD +3.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -847K USD +4.83%
Retained Earnings (Accumulated Deficit) 16.4M USD -16.4%
Stockholders' Equity Attributable to Parent 33.4M USD -7.63%
Liabilities and Equity 74.8M USD -1.88%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.93M USD -204%
Net Cash Provided by (Used in) Financing Activities 3.45M USD +1158%
Net Cash Provided by (Used in) Investing Activities -268K USD +63.5%
Common Stock, Shares Authorized 9M shares 0%
Common Stock, Shares, Issued 2.78M shares +0.65%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 246K USD -89.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 916K USD -45.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 203K USD +51.5%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.35 pure +192%
Deferred Tax Assets, Gross 4.43M USD +4.6%
Operating Lease, Liability 8.38M USD -8.07%
Depreciation 342K USD -22.6%
Payments to Acquire Property, Plant, and Equipment 268K USD -64%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.18M USD -151%
Lessee, Operating Lease, Liability, to be Paid 11.6M USD -10.4%
Operating Lease, Liability, Current 1.24M USD +5.82%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.57M USD -10.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.86M USD +4.02%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.2M USD -15.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.57M USD +6.74%
Preferred Stock, Shares Issued 250K shares 0%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 131 USD -99.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 986K USD -32.9%
Operating Lease, Payments 433K USD -5.66%
Additional Paid in Capital 17.6M USD +2.45%
Preferred Stock, Shares Outstanding 250K shares 0%
Amortization of Intangible Assets 159K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 4.81M USD +8.67%
Share-based Payment Arrangement, Expense 80K USD -19.2%
Interest Expense 544K USD +28.6%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%