Elmet Group Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
| Line item | Jul 3, 2026 · Q2 | Apr 3, 2026 · Q1 |
|---|---|---|
| Revenue | $66.4M | $56.0M |
| Cost of goods sold | $49.8M | $44.2M |
| Gross profit | $16.6M | $11.8M |
| General and administrative | $17.8M | $7.1M |
| Research and development | $4.3M | $850.0K |
| Sales and marketing | $2.1M | $2.1M |
| Total operating expenses | $24.2M | $10.0M |
| Operating (loss) income | ($7.6M) | $1.9M |
| Interest expense | $360.0K | $613.0K |
| Change in fair value of derivative asset | $881.0K | ($3.1M) |
| (Gain) loss on remeasurement of the fair value of marketable securities | ($445.0K) | — |
| Other (income) expense, net | ($186.0K) | ($654.0K) |
| Total other expense (income), net | $610.0K | ($2.5M) |
| (Loss) income from continuing operations before taxes | ($8.2M) | $4.4M |
| Income tax (benefit) provision | ($3.8M) | $4.7M |
| (Loss) income from continuing operations | ($4.5M) | ($338.0K) |
| Loss from discontinued operations | $0 | — |
| Net (loss) income | ($4.5M) | ($338.0K) |
| Basic (in dollars per share) | -$0.16 | — |
| Diluted (in dollars per share) | -$0.16 | -$0.02 |
| Basic (in shares) | 28.4M | 20.1M |
| Diluted (in shares) | 28.4M | 20.1M |
| Line item | Jul 3, 2026 | Apr 3, 2026 |
|---|---|---|
| Cash | $66.1M | $1.8M |
| Marketable securities | $4.9M | $838.0K |
| Accounts receivable, net | $34.5M | $29.1M |
| Government grant receivables | $232.0K | — |
| Related party receivables | $58.0K | $178.0K |
| Unbilled revenue | $564.0K | $3.6M |
| Inventories, net | $102.4M | $75.0M |
| Income tax receivable | $3.8M | $74.0K |
| Prepaid expenses and other current assets | $5.5M | $6.5M |
| Total current assets | $218.1M | $120.2M |
| Property, plant and equipment, net | $42.5M | $44.2M |
| Operating lease right-of-use assets | $11.8M | $10.4M |
| Intangible assets, net | $6.6M | $6.9M |
| Goodwill | $4.5M | $4.5M |
| Deferred tax assets, net | $88.0K | $84.0K |
| Other assets | $724.0K | $872.0K |
| Total assets | $284.2M | $187.2M |
| Accounts payable | $27.6M | $17.7M |
| Accrued expenses and other current liabilities | $17.4M | $13.8M |
| Operating lease liabilities, current portion | $956.0K | $898.0K |
| Current portion of long-term debt | $2.4M | $6.2M |
| Deferred government grants | $2.4M | $4.2M |
| Deferred revenue | $21.4M | $23.5M |
| Total current liabilities | $72.1M | $68.6M |
| Operating lease liabilities, net of current portion | $11.4M | $10.0M |
| Long-term debt, net of current portion | $8.1M | $26.8M |
| Deferred tax liabilities, net | $4.1M | $4.8M |
| Other liabilities | $998.0K | $1.0M |
| Total liabilities | $96.7M | $126.2M |
| Preferred Stock - $0.001 par value; 20,000,000 shares authorized at July 3, 2026 and December 31, respectively. No shares issued and outstanding as of July 3, 2026 and December 31, 2025 | 0 | — |
| Common Stock | $30.0K | $20.0K |
| Additional paid-in capital | $147.1M | $16.0M |
| Retained earnings | $40.5M | $45.0M |
| Accumulated other comprehensive (loss) income | ($52.0K) | ($16.0K) |
| Total stockholders’ equity | $187.5M | $61.0M |
| Total liabilities and stockholders’ equity | $284.2M | $187.2M |
| Line item | Jul 3, 2026 · YTD | Apr 3, 2026 · Q1 |
|---|---|---|
| Net (loss) income | ($4.8M) | ($338.0K) |
| Loss from discontinued operations | $0 | — |
| (Loss) income from continuing operations | ($4.8M) | ($338.0K) |
| Deferred income taxes, net | $4.0M | $4.7M |
| Change in fair value of derivative asset | ($2.2M) | ($3.1M) |
| Depreciation and amortization | $3.8M | $1.9M |
| Stock-based compensation | $10.7M | $645.0K |
| Noncash operating lease expense | $469.0K | $138.0K |
| Noncash interest expense | $17.0K | $6.0K |
| Provision for excess and obsolete inventories | $33.0K | $36.0K |
| Change in fair value of interest rate collars | ($56.0K) | ($34.0K) |
| Unrealized (gain) loss on marketable securities | ($1.1M) | — |
| Accounts receivable | ($5.6M) | ($229.0K) |
| Unbilled revenue | $2.1M | ($989.0K) |
| Inventories | ($32.8M) | ($5.4M) |
| Related party receivables | $291.0K | $171.0K |
| Income tax receivable | ($3.8M) | ($74.0K) |
| Prepaid expenses and other current assets | ($2.4M) | ($1.2M) |
| Other assets | $134.0K | ($4.0K) |
| Accounts payable | $12.3M | $2.5M |
| Accrued expenses and other current liabilities | $5.0M | $392.0K |
| Operating lease liabilities | ($418.0K) | ($202.0K) |
| Related party payables | $190.0K | — |
| Deferred revenue | $6.6M | $8.6M |
| Other liabilities | $2.0K | ($73.0K) |
| Net cash (used in) provided by operating activities from continuing operations | ($7.6M) | $6.9M |
| Net cash used in operating activities from discontinued operations | $0 | — |
| Net cash (used in) provided by operating activities | ($7.6M) | $6.9M |
| Purchase of shares upon exercise of call option | -1.4M | — |
| Purchases of property, plant and equipment, net of grant proceeds (see Note 7 – Government Grants) | ($3.1M) | ($2.3M) |
| Net cash used in investing activities from continuing operations | ($4.6M) | ($2.3M) |
| Net cash used in investing activities from discontinued operations | $0 | — |
| Net cash used in investing activities | ($4.6M) | ($2.3M) |
| Proceeds from initial public offering, net of underwriting discount and offering costs | $125.4M | — |
| Payments of principal on revolving credit facility | ($99.9M) | ($1.8M) |
| Proceeds from revolving credit facility | $76.4M | $164.0K |
| Payments of principal on long-term debt | ($19.1M) | ($1.1M) |
| Cash distributions paid to stockholders | $0 | — |
| Payments of deferred consideration | ($73.0K) | ($73.0K) |
| Payments of contingent consideration | ($49.0K) | — |
| Employee taxes paid on shares withheld for tax-withholding purposes | -4.4M | — |
| Payments of principal on revolving credit facility – related party | ($1.8M) | ($150.0K) |
| Repurchase of Class B Common Stock | ($25.0K) | — |
| Payments of principal on finance leases | ($16.0K) | ($11.0K) |
| Net cash provided by (used in) financing activities from continuing operations | $76.5M | ($4.5M) |
Elmet Group Co score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.