BK Technologies Corporation (BKTI)

BK Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.98	3.46	1.92	10.58	6.83	4.68
Cash & Short-Term Investments	2.98	3.46	1.92	10.58	6.83	4.68
Cash Growth	10.90%	80.19%	-81.87%	55.00%	45.98%	-58.50%
Receivables	11.53	7.9	10.62	8.23	6.47	3.96
Inventory	21.59	23.95	22.11	16.98	10.55	13.51
Prepaid Expenses	1.53	1.89	1.58	1.63	1.88	1.73
Total Current Assets	37.63	37.2	36.22	37.42	25.72	23.89
Property, Plant & Equipment	6.32	6.93	6.88	6.96	6.45	6.85
Long-Term Investments	-	0.74	1.48	1.8	2.01	2.64
Long-Term Deferred Tax Assets	4.12	4.12	4.12	4.12	4.3	4.37
Other Long-Term Assets	0.39	0.42	0.14	0.1	0.11	0.2
Total Assets	48.88	49.41	48.83	50.39	38.59	37.94
Accounts Payable	8.79	9.82	12.9	5.88	5.12	5.31
Accrued Expenses	2.17	1.67	1.84	2.04	1.94	1.75
Short-Term Debt	3.66	6.48	5.85	1.47	-	-
Current Portion of Long-Term Debt	-	0.07	0.28	0.27	0.08	0.08
Current Portion of Leases	0.55	0.53	0.49	0.45	0.53	0.37
Current Unearned Revenue	1.36	1.14	1.02	1.05	0.76	0.37
Other Current Liabilities	0.81	0.72	0.59	1.04	1.04	1.5
Total Current Liabilities	17.33	20.42	22.97	12.19	9.47	9.38
Long-Term Debt	-	-	0.33	0.61	0.25	0.33
Long-Term Leases	1	1.26	1.79	2.27	2.7	2.61
Long-Term Unearned Revenue	7.15	6.42	3.61	2.71	2.55	2.35
Total Liabilities	25.48	28.1	28.7	17.77	14.97	14.66
Common Stock	2.33	2.32	2.21	10.98	8.38	8.36
Additional Paid-In Capital	49	48.6	45.3	35.86	26.35	26.1
Retained Earnings	-21.86	-24.21	-21.98	-8.82	-5.69	-6.04
Treasury Stock	-6.05	-5.4	-5.4	-5.4	-5.4	-5.13
Shareholders' Equity	23.41	21.31	20.14	32.62	23.63	23.28
Total Liabilities & Equity	48.88	49.41	48.83	50.39	38.59	37.94
Total Debt	5.21	8.33	8.73	5.06	3.56	3.38
Net Cash (Debt)	-2.23	-4.88	-6.81	5.52	3.27	1.3
Net Cash Growth	-	-	-	68.87%	152.51%	-88.51%
Net Cash Per Share	-0.64	-1.42	-2.01	1.85	1.30	0.51
Filing Date Shares Outstanding	3.54	3.53	3.4	3.37	2.5	2.51
Total Common Shares Outstanding	3.54	3.58	3.4	3.37	2.5	2.52
Working Capital	20.3	16.78	13.25	25.23	16.25	14.51
Book Value Per Share	6.62	5.96	5.93	9.68	9.44	9.24
Tangible Book Value	23.41	21.31	20.14	32.62	23.63	23.28
Tangible Book Value Per Share	6.62	5.96	5.93	9.68	9.44	9.24
Machinery	-	17.79	15.72	14.12	11.97	12.43
Leasehold Improvements	-	0.66	0.61	0.59	0.73	0.73
Order Backlog	-	16	27	13.1	5.9	7.2

Source: S&P Capital IQ. Standard template. Financial Sources.