Company: PDEX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001079973-25-001655
Chunk: 21

Company: PRO DEX INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 21
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    Cost of sales	 
     13,163  
     71% 
     9,742  
     65%
  
    Gross profit	 
     5,367  
     29% 
     5,150  
     35%
  
    Selling expenses	 
     73  
     —  
     48  
     — 
  
    General and administrative expenses 
     1,417  
     8% 
     1,246  
     8%
  
    Research and development costs	 
     768  
     4% 
     843  
     6%

     2,258  
     12% 
     2,137  
     14%
  
    Operating income	 
     3,109  
     17% 
     3,013  
     20%
  
    Other income, net	 
     3,113  
     17% 
     306  
     2%
  
    Income before income taxes	 
     6,222  
     34% 
     3,319  
     22%
  
    Provision for income taxes	 
     1,542  
     8% 
     853  
     6%
  
    Net income	 
    $4,680  
     25% 
    $2,466  
     17%

Revenue

The
majority of our revenue is derived from designing, developing, manufacturing, and repairing
surgical devices. We continue to sell our rotary air motors for industrial and scientific applications,
but our focus remains in medical devices. The proportion of total sales by type is as follows (in thousands, except percentages):

    Three
    Months Ended September 30,  
    Increase
    (Decrease) From  

    2025  
    2024  
     2024
    to 2025 

    Dollars in thousands  

    % of Net Sales  
       
    % of Net Sales  

    Net sales: 

    Medical device	 
    $14,382  
     77% 
    $9,912  
     67% 
     45%
  
    Industrial and scientific	 
     172  
     1% 
     143  
     1%