Company: OCC
Filing Date: 2025-09-11
Form Type: 10-Q
Source: 0001437749-25-028857
Chunk: 9

Company: OPTICAL CABLE CORP
Filing Date: 2025-09-11
Form: 10-Q
Item: Item 1
Chunk 9
---
	Other noncurrent liabilities

			1,777,284

			1,801,792

			Total liabilities

			18,735,906

			19,516,095

			Redeemable common stock, no par value, 642,199 shares issued and outstanding as of July 31, 2025 and no shares issued  and outstanding as of October 31, 2024

			3,202,325

			—

			Shareholders’ equity:

			Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding

			—

			—

			Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 8,228,245 shares at July 31, 2025 and 8,220,344 shares at October 31, 2024

			15,650,502

			15,464,416

			Retained earnings

			2,579,225

			5,377,500

			Total shareholders’ equity

			18,229,727

			20,841,916

			Commitments and contingencies

			Total liabilities, redeemable common stock and shareholders' equity
			 
			$
			40,167,958

			$
			40,358,011

See accompanying condensed notes to condensed consolidated financial statements.

2

Table of Contents

OPTICAL CABLE CORPORATION

Condensed Consolidated Statements of Operations

(Unaudited)

			Three Months Ended

			Nine Months Ended

			July 31, 

			July 31, 

			2025

			2024

			2025

			2024

			Net sales

			$
			19,916,919

			$
			16,221,671

			$
			53,209,284

			$
			47,188,534

			Cost of goods sold

			13,597,608

			12,301,447

			36,928,838

			35,516,152

			Gross profit

			6,319,311

			3,920,224

			16,280,446

			11,672,382

			Selling, general and