TIKK · As filed with the SEC
Tel Instrument Electronics income statement, by quarter
The statement as Tel Instrument Electronics presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD, except per-share amounts
| USD, except per-share amounts | Q4 FY25† 3 months ended Mar 31, 2025 | Q3 FY25 3 months ended Dec 31, 2024 | Q2 FY25 3 months ended Sep 30, 2024 | Q1 FY25 3 months ended Jun 30, 2024 | Q4 FY24† 3 months ended Mar 31, 2024 | Q3 FY24† 3 months ended Dec 31, 2023 | Q2 FY24† 3 months ended Sep 30, 2023 | Q1 FY24 3 months ended Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 1,704,737† | 2,972,137 | 1,777,342 | 2,842,176 | 1,973,964† | 2,403,099 | 1,565,094 | 2,866,929 |
| Cost of sales | 1,289,265† | 2,337,736 | 1,570,402 | 2,096,274 | 578,763† | 1,434,981 | 1,205,610 | 1,572,380 |
| Gross margin | 415,472† | 634,401 | 206,940 | 745,902 | 1,395,201† | 968,118 | 359,484 | 1,294,549 |
| Operating expenses: | ||||||||
| Selling, general and administrative | 598,005† | 601,187 | 550,468 | 542,340 | 594,559† | 414,458 | 521,070 | 584,858 |
| Engineering, research, and development | 661,093† | 608,160 | 656,086 | 131,638 | 242,049† | 306,546 | 317,715 | 289,441 |
| Total operating expenses | 1,259,098† | 1,209,347 | 1,206,554 | 673,978 | 846,478† | 721,004 | 838,785 | 874,299 |
| (Loss) income from operations | (843,626)† | (574,946) | (999,614) | 71,924 | 548,723† | 247,114 | (479,301) | 420,250 |
| Other income (expense): | ||||||||
| Interest income | 2† | 0 | 0 | 11 | (26,000)† | 35 | 12,320 | 39,289 |
| Interest expense – judgement | — | 0 | 0 | (18,457) | — | 0† | (185,080)† | — |
| Interest expense – judgment | 77,483† | (27,509) | (31,517) | 0 | (149,974)† | 0 | (128,290) | (70,245) |
| Interest expense | — | — | — | — | — | (22,976) | (13,133) | (13,455) |
| Other income, net | — | — | — | — | 26,025† | — | — | — |
| Total other expenses, net | (25,952)† | (27,509) | (31,517) | (18,446) | (20,500)† | (22,941) | (129,103) | (44,411) |
| (Loss) income before income taxes | (869,578)† | (602,455) | (1,031,131) | 53,478 | 528,223† | 224,173 | (608,404) | 375,839 |
| Income tax expense | 2,802,686† | (145,972) | (216,537) | 11,230 | 180,280† | 90,364 | (173,251) | 80,547 |
| Net (loss) income | (3,672,264)† | (456,483) | (814,594) | 42,248 | 347,943† | 133,809 | (435,153) | 295,292 |
| Preferred dividends | (94,420)† | (94,420) | (94,420) | (94,420) | (94,421)† | (94,420) | (82,708) | (80,000) |
| Net loss attributable to common shareholders | (3,766,684)† | (550,903) | (909,014) | (52,172) | 253,522† | 39,389 | (517,861) | 215,292 |
| Basic loss per common share (in Dollars per share) | — | (0.17) | (0.28) | (0.02) | — | 0.01 | (0.16) | 0.07 |
| Diluted loss per common share (in Dollars per share) | — | (0.17) | (0.28) | (0.02) | — | 0.02 | (0.16) | 0.06 |
| Weighted average number of shares outstanding | ||||||||
| Basic (in Shares) | — | 3,255,887 | 3,255,887 | 3,255,887 | — | 3,255,887 | 3,255,887 | 3,255,887 |
| Diluted (in Shares) | — | 3,255,887 | 3,255,887 | 3,255,887 | — | 5,610,634 | 3,255,887 | 5,215,665 |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.