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Customize Items
$48.26M
Revenue
$10.38M
Net Income
45.48%
Gross Margin
21.86%
Op. Margin
$10.65M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 13 annual reports available (2012 - 2025)
Breakdown TTM
(Feb 28, 2026)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2015
(May 31, 2015)
+ Total Revenue $48.26M $46.29M $44.58M $40.20M $30.87M $22.51M $28.38M $33.62M $24.36M $25.54M $30.59M
Revenue Growth % 4.2% 3.8% 10.9% 30.2% 37.1% -20.7% -15.6% 38.0% -4.6% -16.5% nan%
Cost of Revenue $26.31M $24.81M $23.74M $24.13M $22.24M $19.33M $19.14M $24.57M $18.44M $17.55M $21.84M
+ Gross Profit $21.95M $21.48M $20.84M $16.07M $8.63M $3.17M $9.24M $9.05M $5.92M $7.99M $8.74M
Gross Margin % 45.5% 46.4% 46.7% 40.0% 28.0% 14.1% 32.5% 26.9% 24.3% 31.3% 28.6%
Research & Development $483.34K $444.00K $388.48K $1.10M $999.18K - - - - - -
Selling General & Admin $10.92M $11.41M $10.97M $8.16M $6.15M $5.53M $5.93M $6.05M $5.28M $5.07M $5.68M
+ Operating Income $10.55M $9.63M $9.48M $6.81M $2.47M $-2.35M $3.30M $3.00M $647.63K $2.92M $3.06M
Operating Margin % 21.9% 20.8% 21.3% 16.9% 8.0% -10.4% 11.6% 8.9% 2.7% 11.4% 10.0%
Interest Income - $1.40M $1.43M $698.86K $4.54K - - - - - -
Other Income/Expense $223.70K $3.37K $14.76K $-2.57K $25.59K $8.69K $2.24K $-11.27K $1.88K $28.00K $8.52K
Income Before Tax $12.18M $11.03M $10.92M $7.51M $2.56M $681.89K $3.42M $3.06M $676.37K $2.99M $3.07M
Income Tax Expense $1.79M $1.62M $1.92M $1.22M $317.00K $-381.00K $386.00K $515.00K $233.00K $657.00K $899.00K
+ Net Income $10.38M $9.41M $9.00M $6.29M $2.24M $1.06M $3.03M $2.54M $443.37K $2.33M $2.17M
Net Margin % 21.5% 20.3% 20.2% 15.6% 7.3% 4.7% 10.7% 7.6% 1.8% 9.1% 7.1%
Basic EPS 3.31 3.01 2.68 1.79 0.64 0.30 nan nan 0.13 0.68 0.65
Diluted EPS nan 2.87 2.58 1.77 0.64 nan nan nan 0.13 0.66 0.64
Breakdown FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2015
(May 31, 2015)
Cash & Cash Equivalents $1.19M $2.83M $3.58M $22.52M $20.58M $15.16M $5.07M $2.86M $3.32M $4.90M
Short-term Investments $34.80M $28.13M $24.51M $1.10M $1.10M $1.07M $1.06M $1.04M $1.02M -
Accounts Receivable - - - - - $5.82M $5.28M $6.27M $2.55M $4.75M
Other Current Assets $94.33K - $228.95K $235.95K - - - - - -
Total Current Assets $56.28M $48.77M $44.38M $37.98M $34.11M $34.42M $30.77M $28.29M $25.68M $24.73M
Property Plant & Equipment $12.07M $11.18M $11.72M $9.85M $9.82M $9.41M $9.32M $9.94M $9.99M $7.87M
Intangible Assets $270.37K $292.59K - - - - - - - -
Other Non-current Assets $65.42K $27.34K - - - - - - - -
Total Assets $71.62M $63.08M $57.88M $49.22M $45.93M $45.08M $41.20M $39.51M $37.16M $33.67M
Accounts Payable $1.12M $1.44M $1.72M $1.43M $1.79M $1.37M $1.40M $1.46M $1.33M $2.70M
Accrued Liabilities $4.07M $4.66M $4.08M $3.33M $1.72M $1.66M $1.53M $1.41M $832.06K $1.40M
Total Current Liabilities $9.57M $11.83M $7.79M $5.96M $5.13M $5.54M $4.88M $5.90M $4.30M $7.59M
Common Stock $104.83K $104.06K $102.13K $101.34K $101.31K $100.94K $100.73K $100.43K $99.76K $97.53K
Retained Earnings $60.54M $51.13M $42.13M $35.84M $33.60M $32.54M $29.51M $26.96M $26.52M $19.98M
Treasury Stock $13.15M $12.94M $3.08M $2.92M $2.92M $2.86M $2.83M $2.83M $2.83M $2.60M
Total Stockholders Equity $62.04M $51.25M $50.09M $43.26M $40.80M $39.54M $36.32M $33.61M $32.86M $25.45M
Total Liabilities & Equity $71.62M $63.08M $57.88M $49.22M $45.93M $45.08M $41.20M $39.51M $37.16M $33.67M
Breakdown TTM
(Feb 28, 2026)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2015
(May 31, 2015)
Net Income $14.58M $9.41M $9.00M $6.29M $2.24M $1.06M $3.03M $2.54M $443.37K $2.33M $2.17M
Depreciation & Amortization - - - $1.47M $1.35M $1.21M $1.14M $1.07M $995.92K $868.61K $740.84K
Deferred Income Tax - - - - $115.50K $-20.00K $19.00K $30.00K $210.00K $-147.00K $310.00K
Change in Receivables $-2.81M $922.38K $-341.10K $1.11M $346.12K - $-540.17K $986.56K $-3.72M $1.35M $-1.86M
Change in Inventory $-1.47M $129.31K $2.53M $277.21K $-486.19K $2.04M $804.72K $1.16M $103.96K $-2.25M $82.89K
Operating Cash Flow $15.77M $7.47M $13.22M $7.71M $3.31M $7.03M $9.83M $2.66M $304.47K $-1.06M $2.78M
Capital Expenditure $5.13M $2.60M $1.15M $3.36M $1.39M $1.62M $1.23M $472.84K $936.83K $1.87M $746.63K
Investing Cash Flow $-14.52M $-9.27M $-5.07M $-26.78M $-1.39M $-1.65M $-1.25M $-494.37K $-958.74K $-1.90M $-752.05K
Stock Issued $1.54M $363.32K $967.12K $302.70K $16.25K $43.42K $45.61K $50.34K $187.66K $190.89K $77.99K
Stock Repurchased - $201.27K $9.86M $169.74K - - - - - - -
Financing Cash Flow $702.96K $162.05K $-8.89M $132.97K $16.25K $43.42K $1.51M $50.34K $187.66K $190.89K $77.99K
Net Change in Cash - - - - - $5.42M $10.09M $2.21M $-466.61K $-2.76M $2.10M
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing Period ended: Feb 28, 2026
Condensed Consolidated Statements of Operations
Description Feb 28, 2026 Feb 28, 2026
Current Prior Year Current YTD Prior Year YTD
Total Revenue $11.17M $10.56M $32.70M $30.73M
Cost of Revenue $6.68M $6.04M $18.31M $16.81M
Gross Profit $4.49M $4.53M $14.39M $13.92M
Research & Development $63.02K $146.75K $358.20K $318.86K
Selling General & Admin $2.11M $2.36M $7.24M $7.73M
Operating Income $2.32M $2.02M $6.79M $5.87M
Other Income/Expense $422.45K $325.64K $1.23M $1.01M
Income Before Tax $2.74M $2.35M $8.02M $6.88M
Income Tax Expense $240.00K $343.00K $1.32M $1.15M
Net Income $2.50M $2.00M $6.70M $5.73M
Basic EPS 0.79 0.64 2.12 1.83
Basic Shares Outstanding - - $3.16M $3.13M
Diluted Shares Outstanding - - $3.16M $3.13M
Condensed Consolidated Balance Sheets
Description Feb 28, 2026 May 31, 2025
Cash & Cash Equivalents $2.53M $1.19M
Short-term Investments $39.18M $34.80M
Inventory $7.48M $8.11M
Other Current Assets $1.37M $1.22M
Total Current Assets $61.11M $56.28M
Property Plant & Equipment $12.70M $12.07M
Intangible Assets $253.70K $270.37K
Total Assets $75.45M $71.62M
Accounts Payable $1.13M $1.12M
Accrued Liabilities $2.77M $4.07M
Total Current Liabilities $5.31M $9.57M
Retained Earnings $67.24M $60.54M
Treasury Stock $13.82M $13.15M
Total Stockholders Equity $70.15M $62.04M
Total Liabilities & Equity $75.45M $71.62M
Condensed Consolidated Statements of Cash Flows
Description Feb 28, 2026 Feb 28, 2026
Current Prior Year Current YTD Prior Year YTD
Net Income $2.50M $2.00M $6.70M $5.73M
Depreciation & Amortization - - $1.38M $1.39M
Change in Receivables - - $-736.55K $1.50M
Change in Inventory - - $-956.66K $943.95K
Operating Cash Flow - - $7.13M $5.54M
Capital Expenditure - - $2.01M $1.16M
Investing Cash Flow - - $-6.39M $-6.17M
Stock Issued - - $1.28M $239.95K
Dividends Paid - - - -
Financing Cash Flow - - $605.73K $99.68K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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