Nortech Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.66	0.92	1.68	2.48	2.23
Cash & Short-Term Investments	1.66	0.92	1.68	2.48	2.23
Cash Growth	80.68%	-45.31%	-32.49%	11.51%	-37.57%
Accounts Receivable	17	14.88	19.28	15.98	14.55
Other Receivables	15.18	13.79	14.48	12.63	13.91
Total Trade Receivables	32.18	28.67	33.76	28.61	28.46
Inventory	20.7	21.64	21.66	22.44	19.43
Other Current Assets	1.62	4.09	1.7	1.33	1.66
Total Current Assets	56.15	55.32	58.79	54.86	51.77
Net Property, Plant & Equipment	12.22	14.37	13.43	14.26	14.82
Other Intangible Assets	0.16	0.17	0.26	0.42	0.5
Other Long-Term Assets	3.39	2.58	2.64	-	-
Total Assets	71.92	72.44	75.13	69.54	67.09
Accounts Payable	12.81	11.58	15.92	14.79	12.71
Accrued Expenses	3.04	3.39	5.2	6.55	7.95
Short-Term Debt	7	-	-	-	-
Current Portion of Leases	1.61	1.32	1.39	1.55	1.64
Unearned Revenue	5.39	5.14	4.07	3.52	-
Total Current Liabilities	29.84	21.43	26.58	26.4	22.31
Long-Term Debt	-	8.63	5.82	6.85	8.96
Long-Term Leases	7.1	8.08	6.97	8.11	9.61
Other Long-Term Liabilities	0.43	0.28	0.41	0.1	0.1
Total Long-Term Liabilities	7.53	17	13.2	15.06	18.67
Total Liabilities	37.37	38.43	39.78	41.46	40.98
Preferred Stock	0.25	0.25	0.25	0.25	0.25
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-in Capital	17.86	17.33	16.93	16.35	15.96
Accumulated Other Comprehensive Income	-0.71	-0.98	-0.53	-0.37	0.06
Retained Earnings	17.12	17.38	18.67	11.83	9.82
Shareholders' Equity	34.55	34.01	35.34	28.08	26.11
Total Liabilities & Equity	71.92	72.44	75.13	69.54	67.09
Total Debt	15.71	18.04	14.18	16.51	20.21
Net Cash (Debt)	-14.05	-17.12	-12.5	-14.03	-17.99
Net Cash Per Share	-5.06	-6.21	-4.33	-4.85	-6.38
Book Value	34.55	34.01	35.34	28.08	26.11
Book Value Per Share	12.44	12.34	12.25	9.71	9.25
Tangible Book Value	34.39	33.83	35.08	27.66	25.61
Tangible Book Value Per Share	12.39	12.28	12.16	9.57	9.08

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q