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 - Q1 2025 - May 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 261 % +16.2%
Quick Ratio 98.8 % +13.2%
Debt-to-equity 116 % -0.77%
Return On Equity -9.74 % -146%
Return On Assets -4.51 % -146%
Operating Margin -2.45 % -156%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.76M shares +0.75%
Common Stock, Shares, Outstanding 2.76M shares
Entity Public Float 17.7M USD +43.3%
Common Stock, Value, Issued 28K USD +3.7%
Weighted Average Number of Shares Outstanding, Basic 2.76M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 2.76M shares -5.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.4M USD
Revenue from Contract with Customer, Excluding Assessed Tax 121M USD -12.9%
Research and Development Expense 1.2M USD -3.38%
General and Administrative Expense 11.5M USD -6.57%
Operating Income (Loss) -2.96M USD -149%
Nonoperating Income (Expense) -167K USD -51.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.75M USD -168%
Income Tax Expense (Benefit) -378K USD +73.9%
Net Income (Loss) Attributable to Parent -3.38M USD -149%
Earnings Per Share, Basic -1 USD/shares -148%
Earnings Per Share, Diluted -1 USD/shares -150%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.16M USD -71.2%
Accounts Receivable, after Allowance for Credit Loss, Current 15.7M USD -2.39%
Inventory, Net 20.9M USD -8.89%
Assets, Current 57.3M USD -3.03%
Deferred Income Tax Assets, Net 2.58M USD -2.46%
Property, Plant and Equipment, Net 5.58M USD -9.11%
Operating Lease, Right-of-Use Asset 7.83M USD +6.7%
Assets 73.5M USD -2.54%
Accounts Payable, Current 10.1M USD -33.9%
Employee-related Liabilities, Current 2.52M USD -47.3%
Contract with Customer, Liability, Current 5.03M USD +60.2%
Liabilities, Current 20.7M USD -19.5%
Deferred Income Tax Liabilities, Net 278K USD
Operating Lease, Liability, Noncurrent 7.46M USD +6.95%
Other Liabilities, Noncurrent 287K USD -30%
Liabilities 40.7M USD +3.18%
Accumulated Other Comprehensive Income (Loss), Net of Tax -971K USD -35.8%
Retained Earnings (Accumulated Deficit) 16.1M USD -17.4%
Stockholders' Equity Attributable to Parent 32.8M USD -8.82%
Liabilities and Equity 73.5M USD -2.54%

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 2.76M shares +0.21%
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%
Deferred Tax Assets, Gross 4.43M USD +4.6%
Operating Lease, Liability 8.65M USD +5.32%
Depreciation 342K USD -22.6%
Payments to Acquire Property, Plant, and Equipment 268K USD -64%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.63M USD -155%
Lessee, Operating Lease, Liability, to be Paid 12M USD +2.6%
Operating Lease, Liability, Current 1.19M USD -3.89%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.57M USD -0.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.86M USD +13.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.37M USD -3.77%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.57M USD +22%
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 -22.9%
Operating Lease, Payments 433K USD -5.66%
Additional Paid in Capital 17.5M USD +2.69%
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%