NSYS · XBRL financial data

Nortech Systems financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NSYS's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	—	year only	—	—	—	year only	13,406	(400)*	(378)*	(409)*	11,797	(400)*
Revenue from contracts with customers	33,369	36,054*	34,215	33,891	31,407	28,620*	26,895	30,675	30,482	30,313*	30,316	33,540
Cost of goods and services sold	28,050	29,227*	28,767	29,274	27,572	25,798*	23,817	25,838	25,457	25,247*	25,614	27,837
Gross profit	5,319	—	5,448	4,617	3,835	—	3,078	4,837	5,025	—	4,702	5,703
Research and development	314	292*	318	291	284	298*	326	302	266	278*	310	346
General and administrative	2,958	3,026*	3,170	2,982	2,951	2,606*	2,915	2,589	2,593	2,693*	3,014	3,250
Total operating expenses	4,195	4,150*	4,293	4,273	4,302	4,049*	4,691	4,095	4,080	4,165*	4,655	5,080
Operating income (loss)	1,124	2,677*	1,155	344	(467)	(1,227)*	(1,613)	742	945	901*	47	623
Interest expense	130	122*	167	165	216	196*	214	257	273	220*	256	197
Income tax expense (benefit)	(213)	(1,797)*	223	22	56	55*	(511)	172	818	(216)*	(175)	110
Net income (loss)	1,207	4,352*	765	157	(739)	(1,478)*	(1,316)	313	(146)	897*	(34)	316
Earnings per share, basic USD per share	0.44	1.59*	0.28	0.06	(0.27)	(0.54)*	(0.48)	0.12	(0.05)	0.32*	(0.01)	0.11
Earnings per share, diluted USD per share	0.42	1.51*	0.26	0.05	(0.27)	—	(0.48)	0.12	(0.05)	0.34*	(0.01)	0.11
Weighted average shares, basic thousands of shares	2,738	2,740*	2,743	2,760	2,760	2,757*	2,761	2,774	2,786	2,786*	2,786	2,805
Weighted average shares, diluted thousands of shares	2,889	2,881*	2,908	2,936	2,760	2,419*	2,761	2,955	2,786	2,607*	2,786	2,999

Balance sheet

CSV

Fiscal quarters (NSYS's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	699	960	4,028	1,542	1,239	916	1,162	652	1,271	1,655	1,964	1,380
Accounts receivable	15,956	19,279	16,051	17,577	16,584	14,875	15,668	17,810	18,810	16,998	17,823	19,850
Inventory	21,467	21,660	22,951	22,793	22,332	21,638	20,910	18,628	18,425	20,695	23,561	24,512
Prepaid and other current assets	1,916	1,698	1,892	2,291	5,065	4,094	5,673	5,749	5,372	1,618	1,071	1,279
Total current assets	52,594	58,793	59,116	59,160	60,278	55,315	57,324	58,318	59,206	56,150	60,673	64,294
Property and equipment, net	6,135	6,513	6,134	6,001	5,834	6,232	5,575	5,443	5,322	5,203	5,077	4,977
Right-of-use asset	6,955	6,917	7,339	8,274	8,034	8,139	7,831	7,563	7,306	7,016	6,720	6,420
Total assets	65,987	75,127	75,452	76,259	76,966	72,435	73,533	74,825	74,757	71,919	76,640	80,045
Accounts payable	13,099	15,924	15,217	12,728	12,315	11,582	10,062	11,931	11,678	12,809	14,645	14,949
Total current liabilities	23,199	26,582	25,721	23,296	23,318	21,428	20,716	21,608	33,605	29,844	32,998	36,038
Lease liability, non-current	6,835	6,763	6,977	7,949	7,689	7,773	7,462	7,145	6,795	6,476	6,186	5,929
Total liabilities	35,279	39,783	39,446	40,114	41,276	38,430	40,701	41,437	41,400	37,372	41,932	44,571
Retained earnings	14,318	18,670	19,435	19,592	18,853	17,375	16,059	16,372	16,226	17,123	17,089	17,405
Total stockholders' equity	30,708	35,344	36,006	36,145	35,690	34,005	32,832	33,388	33,357	34,547	34,708	35,474
Total liabilities and equity	65,987	75,127	75,452	76,259	76,966	72,435	73,533	74,825	74,757	71,919	76,640	80,045
Common shares outstanding (cover page) thousands of shares	2,739	2,740	2,757	2,762	2,757	2,761	2,761	2,786	2,786	2,786	2,795	2,854

Cash flows

CSV

Fiscal quarters (NSYS's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	1,207	4,352*	765	157	(739)	(1,478)*	(1,316)	313	(146)	897*	(34)	316
Stock-based compensation	107*	124*	80	126*	128*	127*	118	117*	134*	134*	126	194*
Depreciation and amortization	—	—	—	—	—	—	347	331*	—	—	303	315*
Net cash from operating activities	1,900*	(412)*	2,828	(4,286)*	(1,585)*	793*	(2,930)	157*	(92)*	5,608*	(1,561)	(888)*
Purchases of property and equipment	165*	163*	744	276*	(40)*	290*	268	99*	150*	144*	228	95*
Net cash from investing activities	(165)*	(163)*	(735)	(276)*	40*	(292)*	(268)	(90)*	345*	(144)*	(228)	(95)*
Net cash from financing activities	(2,532)*	1,107*	274	2,069*	1,218*	(796)*	3,446	(588)*	360*	(5,085)*	2,336	438*
Net change in cash	(794)*	554*	2,353	(2,486)*	(303)*	(323)*	246	(510)*	619*	384*	553	(534)*

Compare with peers

SIC 3679 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3679 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Nortech Systems	1,380	(400)*	(888)*	2.9M	1.6 quarters	Q2 FY26 10-QJun 30, 2026
Ambiq Micro	366,774	33,901	(9,505)*	24.2M	38.6 quarters	Q2 FY26 10-QJun 30, 2026
IEH	9,360	10,021	(213)	2.5M	44.0 quarters	Q1 FY27 10-QJun 30, 2026
SUNation Energy	3,061	8,162	(1,100)*	6.5M	2.8 quarters	Q2 FY26 10-QJun 30, 2026
Ascent Solar Technologies	14,538	95	(1,789)*	9.8M	8.1 quarters	Q2 FY26 10-QJun 30, 2026
Guerrilla RF	6,321	10,096	2,334*	10.9M	—	Q3 FY26 10-QSep 30, 2026
LGL Group	45,115	1,153	(393)*	12.6M	114.9 quarters	Q2 FY26 10-QJun 30, 2026
Peraso	3,322	1,307	(1,574)*	15.1M	2.1 quarters	Q2 FY26 10-QJun 30, 2026
SemiLEDs	5,978	9,074	2,197*	8.3M	—	Q3 FY26 10-QMay 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.