Every 10-Q that ADM TRONICS UNLTD INC (ADMT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ADMT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ADMT filings page.
ADM TRONICS UNLIMITED, INC. (ADMT) reported a small profit for the quarter ended June 30, 2026, but with weaker operating performance and ongoing financial risk. Net revenues were $866,255, down 11.0% from $973,675 a year earlier, as all three segments (chemical, electronics, engineering) declined and consolidated gross margin slipped to 46% from 49%.
Net income fell to $32,364 from $327,634, largely due to lower gross profit and a sharp drop in investment gains ($60,000 vs $225,750). Operating activities used $32,959 of cash, and quarter-end cash was $222,619. Total assets were $2.02 million, liabilities $1.42 million, and stockholders’ equity $603,336, with an accumulated deficit of $33.0 million.
Management states there is substantial doubt about ADMT’s ability to continue as a going concern for one year from August 19, 2026, citing losses from operations, negative operating cash flow and capital needs. Disclosure controls and procedures were concluded to be not effective due to internal control deficiencies and limited accounting staff, though no material legal proceedings are reported and the company expects existing cash and resources to cover operations over the next twelve months.
Tronics Unlimited, Inc. reported higher sales but remains financially strained. For the quarter ended December 31, 2025, revenue rose to $803,088 from $749,510, yet the company posted a net loss of $114,856. For the nine-month period, revenue grew to $2,664,261 and Tronics earned modest net income of $98,106, a turnaround from a prior-year loss.
Total assets were $2,051,698 and stockholders’ equity was $761,211, with 67,588,492 common shares outstanding. Cash and cash equivalents were $298,733, and operating activities used $82,815 of cash over nine months.
Management disclosed an accumulated deficit of $32,880,355 and stated there is “substantial doubt” about the company’s ability to continue as a going concern over the next year. Internal disclosure controls and procedures were also deemed not effective due to staffing and control-structure weaknesses.
ADM Tronics (ADMT) filed its Q2 FY2025 (quarter ended September 30, 2025). Quarterly revenue was $887,498, up from $840,036, led by Electronics, while Engineering softened. The quarter posted a net loss of $114,672, largely reflecting a $111,000 unrealized loss on investments. For the six months, revenue was $1,861,173 and net income was $212,962 as stronger first-half results offset the Q2 investment loss.
Gross margin for the quarter was $375,797 on cost of sales of $511,701. Operating expenses fell year over year to $373,244. Cash and cash equivalents were $321,224, with operating cash outflow of $63,282 for the six months. The balance sheet shows total assets of $2,160,123, liabilities of $1,279,699, and stockholders’ equity of $880,424. The line of credit balance was $379,594.
Risk signals stood out. Management disclosed substantial doubt about the company’s ability to continue as a going concern for one year from November 13, 2025. Disclosure controls and procedures were deemed not effective due to staffing and segregation‑of‑duties limitations. Customer concentration remained high, with two customers contributing 46% of quarterly revenue.