Company: ELSE
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000897101-25-000458
Chunk: 14

Company: ELECTRO SENSORS INC
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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ELECTRO-SENSORS, INC.

CONDENSED BALANCE SHEETS

(in thousands except share and per share amounts) 

June 30,2025

December 31,2024

 (unaudited) 

 ASSETS   

 Current assets  

 Cash and cash equivalents  

 $ 

 10,182 

 $ 

 9,948 

Investments

 56 

 56 

 Trade receivables, less allowance for credit losses of $28 and $11, respectively

1,282 

 1,309 

 Inventories, net

 2,010 

 1,964 

 Other current assets 

 180 

 197 

Income tax receivable

72

0

 Total current assets 

 13,782 

 13,474 

 Deferred income tax asset, net 

 501 

 501 

 Property and equipment, net 

 877 

 910 

 Total assets 

 $ 

 15,160 

 $ 

 14,885 

 LIABILITIES AND STOCKHOLDERS’ EQUITY 

 Current liabilities 

 Accounts payable 

$

 287 

 $  

 146 

 Accrued expenses 

 482 

 365 

Accrued income taxes

0

41

 Total current liabilities 

 769 

 552 

 Commitments and contingencies 

 Stockholders’ equity 

 Common stock par value $0.10 per share; authorized 10,000,000 shares; 3,449,021 shares issued and outstanding

 344 

 344 

 Additional paid-in capital

 2,423 

 2,360 

 Retained earnings 

 11,624 

 11,629 

 Total stockholders’ equity 

 14,391 

 14,333 

 Total liabilities and stockholders’ equity  

 $ 

 15,160 

 $ 

 14,885 

See accompanying notes to unaudited condensed financial statements

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