Every 10-Q that Chicago Rivet & Machine Co. (CVR) 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 CVR 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 CVR filings page.
Chicago Rivet & Machine Co. reported Q2 2026 net sales of $7,236,625, slightly below the prior year, and a net loss of $989,528, or $1.02 per share. For the first six months, sales were $14,088,141 and the company posted a net loss of $1,351,543 versus a small profit in 2025.
Gross profit declined sharply as lower fastener volumes, an unfavorable product mix and higher input costs reduced absorption of fixed manufacturing expenses. Operating cash flow was negative $1,757,347, leaving cash at $770,752 on June 30 2026 and $1,500,000 drawn on a revolving credit line that was later repaid and replaced by a secured $1,500,000 related‑party term loan. Management states that recurring losses, negative cash flows and reduced liquidity raise substantial doubt about the company’s ability to continue as a going concern within one year of issuance, despite planned asset sales, new financing and cost measures. A material weakness in inventory-related internal controls remains under remediation.
Chicago Rivet & Machine Co. reported Q1 2026 net sales of $6.85 million, down 5.4% from $7.25 million a year earlier, and a net loss of $362,015, or $0.37 per share, versus prior-year net income of $401,022, or $0.42 per share.
Cash from operations was negative $649,487, with cash and equivalents of $1.45 million and $1.0 million drawn on a revolving credit line. The company discloses substantial doubt about its ability to continue as a going concern and notes an ongoing material weakness in inventory controls.
Chicago Rivet & Machine Co. (CVR) filed its Q3 2025 10‑Q, showing a return to quarterly profitability while warning of substantial doubt about its ability to continue as a going concern. Q3 net sales were $7,360,284, up 5.6% year over year, and gross profit rose to $1,329,496 (up 91.3%). Net income was $67,572, or $0.07 per share.
For the nine months, net sales were $21,903,997 (down 4.3%), with an operating loss of $282,687 and net income of $73,615, aided by a $339,520 gain from the February sale of the Albia, Iowa facility (about $678,000 proceeds). Cash and equivalents were $1,682,919 with $500,000 borrowed under a new $3,000,000 credit agreement (revolver $2.5M, non‑revolver $0.5M) maturing on April 1, 2026; the company was in covenant compliance at quarter‑end.
Management cites declining revenues in prior periods, negative operating cash flow, and reduced liquidity as factors driving the going‑concern uncertainty. A previously disclosed material weakness in internal control over inventory valuation remains unresolved. Shares outstanding were 966,132 as of November 7, 2025.
Chicago Rivet & Machine Co. reported lower sales and mixed profitability for the quarter ended June 30, 2025. Net sales were $7,298,077, down 9.4% from $8,059,477 a year earlier; six‑month sales were $14,543,712, down 8.6% year over year. Gross profit for the quarter was $975,062 versus $1,415,446 in the prior year quarter, and the company recorded an operating loss of $417,431 for the quarter.
Net loss for the quarter was $394,980, or $0.41 per share; year‑to‑date net income was $6,042 versus a prior‑year loss of $555,863, helped by a one‑time gain of $339,520 from the sale of the Albia facility. Cash totaled $1,213,830, total assets were $23,640,332 and shareholders' equity was $19,980,526 at June 30, 2025.
The filing discloses substantial doubt about the company’s ability to continue as a going concern due to declining revenues and recurring operating losses. Management actions include a $3,000,000 credit facility (with $500,000 drawn), Albia sale proceeds of approximately $678,000, a $1,100,000 customer settlement payable through 2029 with $880,000 accrued at June 30, 2025, sales team additions, and remediation plans for a material weakness in inventory valuation controls.