Nortech Systems Incorporated (NSYS)

Nortech Systems Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.21	1.66	0.92	1.68	2.48	2.23
Cash & Short-Term Investments	2.21	1.66	0.92	1.68	2.48	2.23
Cash Growth	90.02%	80.68%	-45.31%	-32.49%	11.51%	-37.57%
Accounts Receivable	17.82	17	14.88	19.28	15.98	14.55
Other Receivables	16.01	15.18	13.79	14.48	12.63	13.91
Total Trade Receivables	33.83	32.18	28.67	33.76	28.61	28.46
Inventory	23.56	20.7	21.64	21.66	22.44	19.43
Other Current Assets	1.07	1.62	4.09	1.7	1.33	1.66
Total Current Assets	60.67	56.15	55.32	58.79	54.86	51.77
Net Property, Plant & Equipment	11.8	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	4.02	3.39	2.58	2.64	-	-
Total Assets	76.64	71.92	72.44	75.13	69.54	67.09
Accounts Payable	14.65	12.81	11.58	15.92	14.79	12.71
Accrued Expenses	4.2	3.04	3.39	5.2	6.55	7.95
Short-Term Debt	7.49	7	-	-	-	-
Current Portion of Long-Term Debt	0.43	-	-	-	-	-
Current Portion of Leases	1.57	1.61	1.32	1.39	1.55	1.64
Unearned Revenue	4.67	5.39	5.14	4.07	3.52	-
Total Current Liabilities	33	29.84	21.43	26.58	26.4	22.31
Long-Term Debt	1.74	-	8.63	5.82	6.85	8.96
Long-Term Leases	6.76	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	8.93	7.53	17	13.2	15.06	18.67
Total Liabilities	41.93	37.37	38.43	39.78	41.46	40.98
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	17.98	17.86	17.33	16.93	16.35	15.96
Accumulated Other Comprehensive Income	-0.64	-0.71	-0.98	-0.53	-0.37	0.06
Retained Earnings	17.09	17.12	17.38	18.67	11.83	9.82
Shareholders' Equity	34.71	34.55	34.01	35.34	28.08	26.11
Total Liabilities & Equity	76.64	71.92	72.44	75.13	69.54	67.09
Total Debt	17.99	15.71	18.04	14.18	16.51	20.21
Net Cash (Debt)	-15.78	-14.05	-17.12	-12.5	-14.03	-17.99
Net Cash Per Share	-5.52	-5.06	-6.21	-4.33	-4.85	-6.38
Book Value	34.71	34.55	34.01	35.34	28.08	26.11
Book Value Per Share	12.14	12.44	12.34	12.25	9.71	9.25
Tangible Book Value	34.56	34.39	33.83	35.08	27.66	25.61
Tangible Book Value Per Share	12.09	12.39	12.28	12.16	9.57	9.08

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q