Company Description
Nocopi Technologies, Inc. is a developer of specialty reactive inks based in King of Prussia, PA. The company offers proprietary and patented ink technologies marketed for various end markets. Nocopi reported a 2023 Q3 revenue of $575,100, representing a 16.2% decrease year-over-year, driven by lower license and royalty revenue, offset by increased product sales. Despite a decline in gross profit margin to 46.1%, Nocopi continues to invest in corporate infrastructure and explore growth opportunities. The company recently completed a $5 million equity offering in September 2023, enhancing its financial position for future expansion.
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No SEC filings available for Nocopi Technolog.