Company: NSSC
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001558370-25-006267
Chunk: 8

Company: NAPCO SECURITY TECHNOLOGIES, INC
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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Item 1.  Financial Statements

NAPCO SECURITY TECHNOLOGIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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​​​​​​​​​​​​​​​​    March 31, 2025    June 30, 2024    ​​(in thousands, except share data)​CURRENT ASSETS​​   ​  ​Cash and cash equivalents​$ 73,413​$ 65,341​Investments - other​​ —​​ 26,980​Marketable securities​​ 15,884​​ 5,398​Accounts receivable, net of allowance for credit losses of $20 and $32 as of March 31, 2025 and June 30, 2024, respectively​  24,250​  31,898​Inventories​  34,450​  34,804​Income tax receivable​​ 958​​ 73​Prepaid expenses and other current assets​  3,428​  4,269​Total Current Assets​  152,383​  168,763​Inventories - non-current​  12,410​  15,109​Property, plant and equipment, net​  9,487​  9,077​Intangible assets, net​  3,366​  3,602​Deferred income taxes​​ 7,752​​ 5,428​Operating lease - Right-of-use asset​​ 5,261​​ 5,487​Other assets​  204​  286​TOTAL ASSETS​$ 190,863​$ 207,752​​​​​​​​​CURRENT LIABILITIES​​   ​  ​Accounts payable​$ 5,401​$ 7,977​Accrued expenses​  8,776​  10,345​Accrued salaries and wages​  3,967​  3,907​Dividend payable​​ 4,468​​ —​Total Current Liabilities​  22,612​  22,229​Accrued income taxes​  1,327​  1,122​Operating lease liability​​ 5,376​​ 5,512​TOTAL LIABILITIES​  29,315​  28,863​COMMITMENTS AND CONTINGENCIES (