0000019871-26-000004
SEC filingChicago Rivet & Machine Co. (CVR) reported net sales of $27.9 million for the fiscal year ended December 31, 2025. Cost of goods sold was $23.8 million, resulting in gross profit of $4.1 million. Selling and administrative expenses totaled $5.7 million, partially offset by a $340 thousand gain on sale of property, leading to total operating expenses of $5.3 million and an operating loss of $1.2 million. Other income of $18 thousand contributed to a pretax loss of $1.2 million. A tax benefit of $95 thousand reduced the net loss to $1.1 million, or $1 loss per basic and diluted share, based on 966 thousand weighted average shares. The balance sheet as of December 31, 2025, showed total assets of $23.3 million, including $12.2 million in current assets with $1.7 million cash and equivalents, $6.2 million inventories, and $3.6 million accounts receivable. Total liabilities were $4.5 million, with shareholders' equity at $18.8 million. Cash flows reflected net operating cash use of $1.2 million, investing cash inflow of $640 thousand from property sales and short-term investments, and financing inflow of $384 thousand including $500 thousand line of credit proceeds offset by $116 thousand dividends paid, resulting in a $204 thousand net cash decrease to $1.4 million end-of-year cash per cash flow statement.
Chicago Rivet & Machine Co. reported a net loss of $1.1 million for FY 2025 ended December 31, 2025, compared to no prior year figures provided in the filing. Net sales were $27.9 million with gross profit of $4.1 million after $23.8 million cost of goods sold. Operating loss was $1.2 million due to $5.3 million total operating expenses, including $5.7 million selling and administrative expenses offset by $340 thousand gain on property sale. Pretax loss $1.2 million benefited from $95 thousand tax provision to net loss $1.1 million, or -$1 basic and diluted EPS on 966 thousand shares. Balance sheet total assets $23.3 million, liabilities $4.5 million, equity $18.8 million. Cash flows: operating -$1.2 million, investing +$640 thousand, financing +$384 thousand, net decrease $204 thousand.
No segment breakdown, geographic mix, or growth drivers disclosed in the provided filing content. Net sales totaled $27.9 million for the year.
No explicit margin figures disclosed. Gross profit $4.1 million on $27.9 million sales. Operating loss $1.2 million reflects higher selling and administrative expenses of $5.7 million versus gross profit, offset partially by property gain.
Net cash used in operating activities $1.2 million, adjusted from $1.1 million net loss by $1.2 million depreciation, -$347 thousand gain on sale, and working capital changes including -$325 thousand inventories and +$482 thousand accounts receivable. Investing provided $640 thousand from $724 thousand property sales, $247 thousand short-term investments, less $332 thousand capex. Financing $384 thousand from $500 thousand line of credit less $116 thousand dividends. Balance sheet: current assets $12.2 million (cash $1.7 million, inventories $6.2 million), PPE $9.6 million; current liabilities $2.3 million including $500 thousand line of credit.
No management guidance, strategic priorities, or risk factors disclosed in the provided Item 1 excerpt or financial statements.