Company: BKTI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033457
Chunk: 12

Company: BK Technologies Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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742,306 and 3,571,879 outstanding shares as of September 30, 2025 and December 31, 2024, respectively   2,451   2,348 
 Additional paid-in capital   51,093   49,386 
 Accumulated deficit   (6,541)  (15,850)
 Treasury stock, at cost, 342,080 shares as of September 30, 2025, and December 31, 2024   (6,053)  (6,053)
 Total stockholders’ equity   40,950   29,831 
 Total liabilities and stockholders’ equity  $66,864  $51,499 

See Accompanying Notes to Condensed Consolidated Financial Statements.

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      Table of Contents

BK TECHNOLOGIES CORPORATION

Condensed Consolidated Statements of Operations

(In thousands, except share and per share data) (Unaudited)

      Three Months Ended    Nine Months Ended  
   September 30,    September 30,    September 30,    September 30,  
   2025    2024    2025    2024  
 Sales, net  $24,411  $20,179  $64,630  $58,664 
 Expenses:                 
 Cost of products   12,222   12,343   33,453   36,993 
 Gross margin   12,189   7,836   31,177   21,671 
                 
 Selling, general and administrative expenses:                 
 Engineering and product development   2,771   1,861   7,805   5,922 
 Marketing and selling   2,130   1,459   5,910   4,617 
 General and administrative   2,443   1,905   5,704   5,513 
 Total selling, general and administrative expenses   7,344   5,225   19,419   16,052 
                 
 Operating income   4,845   2,611   11,758   5,619 
                 
 Other income (expense):                 
 Net interest income (expense)   94   (1)