0001437749-26-004097
SEC filingADM Tronics Unlimited, Inc. (ADMT) reported a challenging fiscal Q3 2026, with net revenues of $803K and a net loss of $115K for the period ending December 31, 2025. The company experienced an operating loss of $84K, driven by total operating expenses of $357K, which exceeded the gross profit of $272K. The gross margin stood at approximately 33.9%. Financial positioning reveals tight liquidity, with total current assets of $1.2M against total current liabilities of $1.1M, resulting in a current ratio of roughly 1.1. Cash flow from operations was significantly negative at -$511K, primarily due to working capital changes and the net loss, though adjusted by non-cash items like a $89K unrealized gain in investment. The company holds $299K in cash and cash equivalents. Due to the absence of prior period comparative figures in the provided data, quarter-over-quarter or year-over-year performance trends cannot be determined. The continued accumulated deficit of $32.9M highlights ongoing profitability challenges.
For the fiscal quarter ending December 31, 2025, ADM Tronics Unlimited, Inc. reported net revenues of $803,000. The cost of sales was $531,000, resulting in a gross profit of $272,000. Operating expenses totaled $357,000, comprised of $180,000 in research and development and $177,000 in selling, general, and administrative expenses. This led to an operating loss of $84,000. After accounting for other expenses, primarily a $26,000 loss on investments and $7,000 in interest expenses, the net loss attributable to common shareholders was $115,000. The basic and diluted earnings per share remained at $0.00, with 67.6 million weighted average shares outstanding.
The provided XBRL financial data discloses total net revenues of $803K but does not contain a breakdown by segment, geography, or product line. Consequently, a detailed analysis of revenue drivers or specific segment performance cannot be constructed from the available data. The revenue figure represents the aggregate top-line performance for the quarter.
The company achieved a gross margin of approximately 33.9% ($272K / $803K). However, operating profitability remained negative with an operating margin of -10.5%. The cost structure is heavily influenced by R&D spending ($180K), which constitutes 22.4% of total revenue. SG&A expenses represent an additional 22.0% of revenue. The net profit margin stood at -14.3%. The loss on investments ($26K) further pressured the bottom line during this period.
Operating activities consumed $511,000 in cash during the quarter. While non-cash adjustments like a $89,000 unrealized gain in investments and $68,000 in right-of-use asset amortization partially offset the $115,000 net loss, significant cash outflows from working capital changes—particularly a $106,000 reduction in customer deposits and an $80,000 payment on lease liabilities—drove the negative cash flow. The balance sheet shows total assets of $2.1M against total liabilities of $1.3M. Liquidity is constrained with $299K in cash and a working capital position that is tight, evidenced by current assets of $1.2M against current liabilities of $1.1M. The company carries an accumulated deficit of $32.9M.
The provided XBRL data and document content do not contain specific forward-looking statements, management guidance, or strategic priorities regarding future operations. No risk factors or qualitative outlook information was available in the source text to include in this section.