Company: BKTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026668
Chunk: 12

Company: BK Technologies Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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693,176 and 3,571,879 outstanding shares as of June 30, 2025 and December 31, 2024, respectively   2,421   2,348 
 Additional paid-in capital   50,372   49,386 
 Accumulated deficit   (9,977)  (15,850)
 Treasury stock, at cost, 342,080 shares as of June 30, 2025, and December 31, 2024   (6,053)  (6,053)
 Total stockholders’ equity   36,763   29,831 
 Total liabilities and stockholders’ equity  $60,426  $51,499 

See Accompanying Notes to Condensed Consolidated Financial Statements.

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      Table of Contents

BK TECHNOLOGIES CORPORATION

Condensed Consolidated Statements of Operations

(In thousands, except share and per share data) (Unaudited)

      Three Months Ended    Six Months Ended  
   June 30,    June 30,    June 30,    June 30,  
   2025    2024    2025    2024  
 Sales, net  $21,165  $20,254  $40,219  $38,485 
 Expenses:                 
 Cost of products   11,130   12,707   21,234   24,650 
 Gross margin   10,035   7,547   18,985   13,835 
                 
 Selling, general and administrative expenses                 
 Engineering and product development   2,306   1,984   5,033   4,061 
 Marketing and selling   1,941   1,706   3,781   3,230 
 General and administrative   1,791   1,832   3,258   3,536 
 Total selling, general and administrative expenses   6,038   5,522   12,072   10,827 
                 
 Operating income   3,997   2,025   6,913   3,008 
                 
 Other (expense) income:                 
 Net interest income (expense)   39   (106)