Company: ELSE
Filing Date: 2025-09-12
Form Type: 10-Q/A
Source: 0000897101-25-000510
Chunk: 5

Company: ELECTRO SENSORS INC
Filing Date: 2025-09-12
Form: 10-Q/A
Chunk 5
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175,000, respectively, weighted-average common shares for underlying stock options have been excluded from the calculation of diluted EPS because their effect would be anti-dilutive. For the six-month periods ended June 30, 2025and 2024, 185,000and 175,000respectively, weighted average common shares for underlying stock options have been excluded from the calculation of diluted EPS for the same reason. In addition, for each of the three and six -month per i ods e nded June 30, 2025 , and 2024, 84,000and 105,000, respectively, re stricted stock units have been excluded from the calculation of diluted EPS because their effect would be anti-dilutive.

New Accounting Pronouncement Adopted In December 2023, the FASB issued ASU No. 223-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). ASU 2023-09 requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid. The updates in this ASU are effective for annual periods beginning after December 15, 2024. The adoption will result in disclosure changes only.

| 10 |

ELECTRO-SENSORS, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2025 (in thousands except share and per share amounts) (unaudited)

N ote 2 . Investments

The Company has investments in common equity securities of twoprivate U.S. companies that have an undeterminable market.

Equity securities are stated at estimated fair value and realized and unrealized gains and losses, if any, are reported in our Statements of Operations in non-operating income.

The cost and estimated fair value of the Company’s investments are as follows:

| June 30, 2025                        |     | Cost |    |     | Gross      
 unrealized 
 gain       |   |     | Gross      
 unrealized 
 loss       |   |     | Fair  
 value |    |
|:-------------------------------------|:----|:-----|---:|:----|:-----------|--:|:----|:-----------|--:|:----|:------|---:|
| Equity Securities                    |     | $    | 54 |     | $          | 2 |     | $          | 0 |