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$48.26M
Revenue
$10.38M
Net Income
45.48%
Gross Margin
21.86%
Op. Margin
$10.65M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 42 quarterly reports available
Breakdown Q3 2026
(Feb 28, 2026)
Q2 2026
(Nov 30, 2025)
Q1 2026
(Aug 31, 2025)
Q4 2025
(May 31, 2025)
Q3 2025
(Feb 28, 2025)
Q2 2025
(Nov 30, 2024)
Q1 2025
(Aug 31, 2024)
Q4 2024
(May 31, 2024)
Q3 2024
(Feb 29, 2024)
Q2 2024
(Nov 30, 2023)
Q1 2024
(Aug 31, 2023)
Q4 2023
(May 31, 2023)
Q3 2023
(Feb 28, 2023)
+ Total Revenue $11.17M $11.60M $9.92M $15.56M $10.56M $8.55M $11.62M $12.07M $12.25M $10.34M $9.92M $10.72M $9.89M
Revenue Growth % (YoY) 5.8% 35.7% -14.6% 29.0% -13.8% -17.3% 17.1% 12.5% 23.9% nan% nan% nan% nan%
Cost of Revenue $6.68M $6.14M $5.48M $8.00M $6.04M $4.66M $6.11M $6.17M $6.50M $5.53M $5.54M $6.15M $5.87M
+ Gross Profit $4.49M $5.46M $4.44M $7.56M $4.53M $3.89M $5.50M $5.89M $5.75M $4.81M $4.38M $4.57M $4.02M
Gross Margin % 40.2% 47.0% 44.8% 48.6% 42.9% 45.5% 47.4% 48.8% 46.9% 46.5% 44.2% 42.6% 40.6%
Research & Development $63.02K $214.37K $80.82K $125.14K $146.75K $102.92K $69.19K $66.96K $108.36K $84.08K $129.07K $215.47K $190.69K
Selling General & Admin $2.11M $3.02M $2.11M $3.68M $2.36M $2.84M $2.53M $3.31M $2.65M $2.67M $2.34M $2.28M $2.03M
+ Operating Income $2.32M $2.23M $2.25M $3.76M $2.02M $944.18K $2.90M $2.51M $2.99M $2.05M $1.92M $2.07M $1.80M
Operating Margin % 20.7% 19.2% 22.6% 24.2% 19.1% 11.0% 25.0% 20.8% 24.4% 19.9% 19.3% 19.3% 18.2%
Other Income/Expense $422.45K $424.33K $383.82K $-1.01M $325.64K $307.87K $376.75K $-1.11M $362.71K $398.69K $361.32K $-435.56K $239.94K
Income Before Tax $2.74M $2.65M $2.63M $4.15M $2.35M $1.25M $3.28M $2.83M $3.36M $2.45M $2.28M $2.33M $2.04M
Income Tax Expense $240.00K $645.00K $439.00K $466.10K $343.00K $195.90K $615.00K $359.00K $659.00K $471.00K $433.00K $266.00K $386.00K
+ Net Income $2.50M $2.01M $2.19M $3.69M $2.00M $1.06M $2.67M $2.47M $2.70M $1.98M $1.85M $2.07M $1.66M
Net Margin % 22.4% 17.3% 22.1% 23.7% 19.0% 12.4% 23.0% 20.5% 22.0% 19.2% 18.6% 19.3% 16.8%
Basic EPS 0.79 0.64 0.70 1.18 0.64 0.34 0.85 0.77 0.82 0.56 0.52 0.59 0.47
Basic Shares Outstanding 3.2M - - - - - - - - - - - -
Diluted Shares Outstanding 3.2M - - - - - - - - - - - -
Breakdown Q3 2026
(Feb 28, 2026)
Q2 2026
(Nov 30, 2025)
Q1 2026
(Aug 31, 2025)
Q4 2025
(May 31, 2025)
Q3 2025
(Feb 28, 2025)
Q2 2025
(Nov 30, 2024)
Q1 2025
(Aug 31, 2024)
Q4 2024
(May 31, 2024)
Q3 2024
(Feb 29, 2024)
Q2 2024
(Nov 30, 2023)
Q1 2024
(Aug 31, 2023)
Q4 2023
(May 31, 2023)
Q3 2023
(Feb 28, 2023)
Cash & Cash Equivalents $2.53M $1.96M $2.15M $1.19M $2.30M $2.36M $2.16M $2.83M $3.06M $3.16M $2.89M $3.58M $3.38M
Short-term Investments $39.18M $38.79M $34.15M $34.80M $33.14M $24.25M $24.97M $28.13M $21.57M $31.75M $27.81M $24.51M $19.28M
Inventory $7.48M - - - - - - - - - - - -
Other Current Assets $1.37M $1.71M $1.59M $94.33K $2.20M $2.10M $1.62M - $464.75K $396.95K $439.02K $228.95K $817.81K
Total Current Assets $61.11M $57.93M $55.63M $56.28M $56.39M $48.58M $48.02M $48.77M $41.19M $47.96M $46.76M $44.38M $41.50M
Property Plant & Equipment $12.70M $12.66M $11.81M $12.07M $10.95M $11.32M $11.05M $11.18M $11.14M $11.36M $11.69M $11.72M $11.23M
Intangible Assets $253.70K $259.26K $264.81K $270.37K $275.93K $281.48K $287.04K $292.59K $298.15K - - - -
Other Non-current Assets - - - $65.42K - - - $27.34K - - - - -
Total Assets $75.45M $72.84M $70.29M $71.62M $70.15M $62.86M $61.89M $63.08M $54.79M $61.43M $60.27M $57.88M $53.88M
Accounts Payable $1.13M $1.62M $1.03M $1.12M $1.11M $857.35K $1.85M $1.44M $955.84K $1.17M $1.05M $1.72M $1.47M
Accrued Liabilities $2.77M $2.54M $2.14M $4.07M $8.00M $2.50M $2.40M $4.66M $4.04M $3.03M $2.46M $4.08M -
Other Current Liabilities - - - - - - - - - - - - $3.28M
Total Current Liabilities $5.31M $5.78M $6.04M $9.57M $12.34M $7.06M $7.97M $11.83M $6.96M $7.21M $8.33M $7.79M $6.18M
Common Stock - - - $104.83K - - - $104.06K - - - $102.13K -
Retained Earnings $67.24M $64.74M $62.73M $60.54M $56.85M $54.85M $53.79M $51.13M $48.65M $45.96M $43.98M $42.13M $40.06M
Treasury Stock $13.82M $13.21M $13.18M $13.15M $13.08M $13.08M $12.94M $12.94M $12.61M $3.10M $3.10M $3.08M $2.97M
Total Stockholders Equity $70.15M $67.06M $64.25M $62.04M $57.80M $55.80M $53.92M $51.25M $47.84M $54.23M $51.94M $50.09M $47.70M
Total Liabilities & Equity $75.45M $72.84M $70.29M $71.62M $70.15M $62.86M $61.89M $63.08M $54.79M $61.43M $60.27M $57.88M $53.88M
Breakdown Q3 2026
(Feb 28, 2026)
Q2 2026
(Nov 30, 2025)
Q1 2026
(Aug 31, 2025)
Q4 2025
(May 31, 2025)
Q3 2025
(Feb 28, 2025)
Q2 2025
(Nov 30, 2024)
Q1 2025
(Aug 31, 2024)
Q4 2024
(May 31, 2024)
Q3 2024
(Feb 29, 2024)
Q2 2024
(Nov 30, 2023)
Q1 2024
(Aug 31, 2023)
Q4 2023
(May 31, 2023)
Q3 2023
(Feb 28, 2023)
Net Income $6.70M $2.01M $2.19M $3.69M $2.00M $3.72M $2.67M $2.47M $2.70M $1.98M $1.85M $2.07M $4.22M
Depreciation & Amortization $1.38M $905.68K $452.84K - $1.39M $833.40K $380.18K - $1.34M $910.96K $455.48K $468.53K $1.00M
Change in Receivables $-736.55K $-418.83K $-1.08M $-581.87K $1.50M $3.04M $1.57M $325.78K $-666.88K $-1.48M $-149.75K $-2.99M $4.10M
Change in Inventory $-956.66K $-191.05K $492.11K $-814.63K $943.95K $946.43K $345.69K $1.44M $1.09M $1.22M $918.51K $691.35K $-414.14K
Operating Cash Flow $7.13M $6.23M $483.63K $1.94M $5.54M $-3.49M $-3.59M $6.54M $6.68M $7.36M $3.04M $6.37M $1.34M
Capital Expenditure $2.01M $1.49M $184.99K $1.44M $1.16M $970.57K $246.96K $394.05K $755.34K $544.80K $427.65K $976.98K $2.38M
Investing Cash Flow $-6.39M $-5.48M $461.82K $-3.11M $-6.17M $2.91M $2.91M $-6.96M $1.89M $-7.78M $-3.73M $-6.22M $-20.57M
Stock Issued $1.28M $82.00K $48.39K $123.36K $239.95K $229.81K $11.01K $523.61K $443.51K $20.88K $18.68K $211.21K $91.49K
Dividends Paid - - - - - - - - - - - - -
Financing Cash Flow $605.73K $17.97K $16.90K $62.37K $99.68K $98.27K $11.01K $192.29K $-9.08M $5.08K $2.88K $41.47K -
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-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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