Company: BKTI
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001437749-25-016253
Chunk: 30

Company: BK Technologies Corp
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 30
---
 Cash paid for amounts included in the measurement of lease liabilities:         
 Operating cash flows (fixed payments)  $155  $150 
 Operating cash flows (liability reduction)  $139  $127 
         
 ROU assets obtained in exchange for lease obligations:         
 Operating leases  $—  $— 

   Other information related to operating leases was as follows:

       March 31, 2025  
 Weighted average remaining lease term (in years)   2.14 
 Weighted average discount rate   5.50%

   Maturity of lease liabilities as of  March 31, 2025, were as follows:

       March 31, 2025  
 Remaining nine months of 2025  $469 
 2026   486 
 2027   249 
 2028   5 
 2029   3 
 Total payments   1,212 
 Less: imputed interest   (67)
 Total present value of lease liabilities  $1,145 

   14. Subsequent Events
    
   On  May 2, 2025, East West Manufacturing, LLC exercised, through cashless exercise, the warrant issued by the Company on  November 6, 2023, to purchase up to 135,300 shares of Common Stock. As a result of the warrant exercise, the Company issued 89,248 shares of Common Stock to East West.

       16

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

CAUTIONARY NOTE CONCERNING

FORWARD-LOOKING STATEMENTS

We believe that it is important to communicate our future expectations to our security holders and to the public. This report, including any information incorporated by reference in this report, therefore, contains statements about future events and expectations which are “forward-looking statements” within the meaning of Sections 27A of the Securities Act of 1933, as amended, and 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including the statements about our plans, objectives, expectations and prospects under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” You can expect to identify these statements by forward-looking words such as “may,” “might,” “could,” “would,” “