Nortech Systems Incorporated (NSYS)

Nortech Systems Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.67	1.66	0.92	1.68	2.48	2.23
Cash & Short-Term Investments	1.67	1.66	0.92	1.68	2.48	2.23
Cash Growth	156.75%	80.68%	-45.31%	-32.49%	11.51%	-37.57%
Accounts Receivable	19.85	17	14.88	19.28	15.98	14.55
Other Receivables	16.98	15.18	13.79	14.48	12.63	13.91
Total Trade Receivables	36.83	32.18	28.67	33.76	28.61	28.46
Inventory	24.51	20.7	21.64	21.66	22.44	19.43
Other Current Assets	1.28	1.62	4.09	1.7	1.33	1.66
Total Current Assets	64.29	56.15	55.32	58.79	54.86	51.77
Net Property, Plant & Equipment	11.4	12.22	14.37	13.43	14.26	14.82
Other Intangible Assets	0.15	0.16	0.17	0.26	0.42	0.5
Other Long-Term Assets	4.21	3.39	2.58	2.64	-	-
Total Assets	80.05	71.92	72.44	75.13	69.54	67.09

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.95	12.81	11.58	15.92	14.79	12.71
Accrued Expenses	4.45	3.04	3.39	5.2	6.55	7.95
Short-Term Debt	7.87	7	-	-	-	-
Current Portion of Long-Term Debt	0.43	-	-	-	-	-
Current Portion of Leases	1.49	1.61	1.32	1.39	1.55	1.64
Unearned Revenue	6.85	5.39	5.14	4.07	3.52	-
Total Current Liabilities	36.04	29.84	21.43	26.58	26.4	22.31
Long-Term Debt	1.64	-	8.63	5.82	6.85	8.96
Long-Term Leases	6.46	7.1	8.08	6.97	8.11	9.61
Other Long-Term Liabilities	0.43	0.43	0.28	0.41	0.1	0.1
Total Long-Term Liabilities	8.53	7.53	17	13.2	15.06	18.67
Total Liabilities	44.57	37.37	38.43	39.78	41.46	40.98

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Preferred Stock	0.25	0.25	0.25	0.25	0.25	0.25
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-in Capital	18.41	17.86	17.33	16.93	16.35	15.96
Accumulated Other Comprehensive Income	-0.62	-0.71	-0.98	-0.53	-0.37	0.06
Retained Earnings	17.41	17.12	17.38	18.67	11.83	9.82
Shareholders' Equity	35.47	34.55	34.01	35.34	28.08	26.11
Total Liabilities & Equity	80.05	71.92	72.44	75.13	69.54	67.09

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17.89	15.71	18.04	14.18	16.51	20.21
Net Cash (Debt)	-16.21	-14.05	-17.12	-12.5	-14.03	-17.99
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.65	-5.06	-6.21	-4.33	-4.85	-6.38
Book Value	35.47	34.55	34.01	35.34	28.08	26.11
Book Value Per Share	12.36	12.44	12.34	12.25	9.71	9.25
Tangible Book Value	35.33	34.39	33.83	35.08	27.66	25.61
Tangible Book Value Per Share	12.31	12.39	12.28	12.16	9.57	9.08

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Aug 12, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 12, 2026

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