Fundies.
English

Inrad Optics, Inc.

EDGAR
INRD Quarterly report (10-Q) · filed 2024-05-14

126 filing records in this dataset, filed from 1995-05-12 to 2024-05-14. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest quarter

Revenue

2.89 million Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

2024 Q1 · Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

Exact inputs and evidence
  • Revenue: 2889799 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source

Operating margin

1.45%

2024 Q1 · %

Exact inputs and evidence
  • Operating Income: 41762 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source
  • Revenue: 2889799 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source

Operating cash flow

-96.4 thousand Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

2024 Q1 · Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

Exact inputs and evidence
  • Operating Cash Flow: -96350 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source

Free cash flow

-465 thousand Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

2024 Q1 · Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

Exact inputs and evidence
  • Operating Cash Flow: -96350 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source
  • Capital Expenditure: 368484 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source
Cash and cash equivalents
2.5 million Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA Source
Exact value

2500000 Unit_Standard_USD_V7FtkhtIwkiDPqjcmJUiNA

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2024-05-14.

Financial data available through: 2023-12-31.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2023-12-31
  • Operating income: 2 of 11 periods available· newest 2023-12-31
  • Net income: 2 of 11 periods available· newest 2023-12-31
  • Operating cash flow: 2 of 11 periods available· newest 2023-12-31
  • Capital expenditure: 2 of 11 periods available· newest 2023-12-31
  • Total assets: Multiple units; comparison withheld· newest 2023-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2023-12-31
  • Current assets: Multiple units; comparison withheld· newest 2023-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2023-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2023-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +21.4%

    Prior period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 10.63 million

    –

    Current period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 12.91 million

    –

    Exact inputs and evidence

    12910000 − 10631000 = 2279000 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

    10631000 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2022-01-01 – 2022-12-31

    Inspect prior input Prior source

    12910000 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2023-01-01 – 2023-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    +1,648.9%

    Prior period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 152,575

    –

    Current period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 2.67 million

    –

    Exact inputs and evidence

    2668422 − 152575 = 2515847 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

    152575 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2022-01-01 – 2022-12-31

    Inspect prior input Prior source

    2668422 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2023-01-01 – 2023-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    +75.3%

    Prior period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 776,141

    –

    Current period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 1.36 million

    –

    Exact inputs and evidence

    1360546 − 776141 = 584405 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

    776141 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2022-01-01 – 2022-12-31

    Inspect prior input Prior source

    1360546 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2023-01-01 – 2023-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    -32.7%

    Prior period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 539,116

    –

    Current period

    Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 363,022

    –

    Exact inputs and evidence

    363022 − 539116 = -176094 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

    539116 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2022-01-01 – 2022-12-31

    Inspect prior input Prior source

    363022 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA · 2023-01-01 – 2023-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

  • Revenue Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 12.91 million 100% of revenue
  • Operating costs Derived Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 11.1 million 86% of revenue
  • Operating income Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 1.81 million 14% of revenue
  • Tax, interest and other Derived −Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 854,666 −6.6% of revenue
  • Net income Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 2.67 million 21% of revenue

Cash

  • Operating cash flow Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 1.36 million 11% of revenue
  • Capital expenditure Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 363,022 2.8% of revenue
  • Free cash flow Derived Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 997,524 7.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2022 97%
  • 2023 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2022 2022-01-01 – 2022-12-3110631000 10311943 Derived 319057 166482 Derived 152575 237025 Derived
Source
2023 2023-01-01 – 2023-12-3112910000 11096244 Derived 1813756 -854666 Derived 2668422 997524 Derived
Source

Amounts are exact, in Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 12.9M 2023
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13.9M10.5M7.0M3.5M0.020222023
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA)Source evidence
2022Revenue10631000
2023Revenue12910000

Revenue growth

Change in revenue from the same financial period one year earlier.

21.4% 2023
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23.2%17.4%11.6%5.8%0.0%20222023
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2022Year over yearNo prior comparable period
2023Year over year21.4%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 14% 2023
Net margin 20.7% 2023
Free cash flow margin 7.7% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.3%16.7%11.2%5.6%0.0%20222023
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2022Operating margin3%
2023Operating margin14%
2022Net margin1.4%
2023Net margin20.7%
2022Free cash flow margin2.2%
2023Free cash flow margin7.7%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 1.4M 2023
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.5M1.1M734.7K367.3K0.020222023
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA)Source evidence
2022Operating cash flow776141
2023Operating cash flow1360546

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 997.5K 2023
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.1M808.0K538.7K269.3K0.020222023
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA)Source evidence
2022Free cash flow237025
2023Free cash flow997524

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2022 2022-01-01 – 2022-12-31
Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 152,575
Exact value

Exact value: 152575 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2022-01-01 – 2022-12-31: 152575 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 776,141
Exact value

Exact value: 776141 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2022-01-01 – 2022-12-31: 776141 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 539,116
Exact value

Exact value: 539116 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2022-01-01 – 2022-12-31: 539116 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 237,025
Calculation and evidence

776141 − 539116 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

Exact free cash flow: 237025 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2023 2023-01-01 – 2023-12-31
Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 2.67 million
Exact value

Exact value: 2668422 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2023-01-01 – 2023-12-31: 2668422 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 1.36 million
Exact value

Exact value: 1360546 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2023-01-01 – 2023-12-31: 1360546 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 363,022
Exact value

Exact value: 363022 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

2023-01-01 – 2023-12-31: 363022 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA 997,524
Calculation and evidence

1360546 − 363022 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

Exact free cash flow: 997524 Unit_Standard_USD_VtyVazKHOEevbS6ekLmFAA

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

126 filings · 5,730 latest values · 5,730 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000719494, 719494, INRD, None, edgar:719494, inrd, phpg

Also known as INRAD INC, INRAD OPTICS, INC., Inrad Optics, Inc., Inrad Optics, Inc., PHOTONIC PRODUCTS GROUP INC