Company: ELSE
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0000897101-25-000245
Chunk: 12

Company: ELECTRO SENSORS INC
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 12
---
ELECTRO-SENSORS, INC.

CONDENSED BALANCE SHEETS

(in thousands except share and per share amounts) 

March 31,2025 

December 31,2024 

 (unaudited)  

 ASSETS    

 Current assets   

 Cash and cash equivalents   

 $  

 9,918  

 $  

 9,948  

Investments 

 56  

 56  

 Trade receivables, less allowance for credit losses of $16 and $11, respectively 

1,505  

 1,309  

 Inventories, net 

 2,010  

 1,964  

 Other current assets  

 233  

 197  

Income tax receivable

17

0

 Total current assets  

 13,739  

 13,474  

 Deferred income tax asset, net  

 460  

 501  

 Property and equipment, net  

 887  

 910  

 Total assets  

 $  

 15,086  

 $  

 14,885  

 LIABILITIES AND STOCKHOLDERS’ EQUITY  

 Current liabilities  

 Accounts payable  

$ 

 306  

 $   

 146  

 Accrued expenses  

 480  

 365  

Accrued income taxes

0

41

 Total current liabilities  

 786  

 552  

 Commitments and contingencies  

 Stockholders’ equity  

 Common stock par value $0.10 per share; authorized 10,000,000 shares; 3,449,021 shares issued and outstanding 

 344  

 344  

 Additional paid-in capital 

 2,391  

 2,360  

 Retained earnings  

 11,565  

 11,629  

 Total stockholders’ equity  

 14,300  

 14,333  

 Total liabilities and stockholders’ equity   

 $  

 15,086  

 $  

 14,885  

See accompanying notes to unaudited condensed financial statements

 4