Company: OCC
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001437749-25-019494
Chunk: 18

Company: OPTICAL CABLE CORP
Filing Date: 2025-06-05
Form: 10-Q
Item: Item 1
Chunk 18
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			1,742,461

			1,801,792

			Total liabilities

			19,957,676

			19,516,095

			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 8,192,017 shares at April 30, 2025 and 8,220,344 shares at October 31, 2024

			15,543,401

			15,464,416

			Retained earnings

			3,572,147

			5,377,500

			Total shareholders’ equity

			19,115,548

			20,841,916

			Commitments and contingencies

			Total liabilities and shareholders’ equity

			$
			39,073,224

			$
			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

			Six Months Ended

			April 30,

			April 30,

			2025

			2024

			2025

			2024

			Net sales

			$
			17,549,748

			$
			16,112,098

			$
			33,292,365

			$
			30,966,863

			Cost of goods sold

			12,215,407

			12,073,462

			23,331,230

			23,214,705

			Gross profit

			5,334,341

			4,038,636

			9,961,135

			7,752,158

			Selling, general and administrative expenses

			5,743,455

			5,319,580

			11,202,514

			10,412,685

			Royalty expense, net

			6,572

			6,677

			13,143

			13,263

			Amortization of intangible assets