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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
August 7, 2026
IEH
Corporation
(Exact Name of Registrant as Specified in Charter)
| New York |
|
0-5278 |
|
13-5549348 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
140 58th Street, Suite 8E
Brooklyn, NY 11220
(Address of Principal Executive Offices, and Zip
Code)
(718) 492-4440
Registrant’s Telephone Number, Including Area
Code
Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)
Securities registered pursuant to Section 12(b) of
the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
| Common Stock |
IEHC |
OTC
QX |
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see
General Instruction A.2. below):
| |
☐ |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
☐ |
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
☐ |
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
The following exhibit is attached to this Current Report on Form 8-K:
| |
|
|
| Exhibit Number |
|
Exhibit Title or Description |
| |
|
|
| 99.1 |
|
Press Release issued August 7, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
| |
SIGNATURE
Pursuant to the requirements of
the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
| |
|
IEH Corporation |
| |
|
|
| |
|
By: /s/Subrata Purkayastha |
| |
|
Name: Subrata Purkayastha |
| |
|
Title: Chief Financial Officer |
| Date: August 7, 2026 |
|
|
Exhibit 99.1
IEH CORPORATION FILED FORM 10-Q FOR FISCAL QUARTER ENDED JUNE 30,
2026
Brooklyn, NY., August 7, 2026 - IEH Corporation (OTCQX: IEHC)
today filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 1st quarter of Fiscal Year 2027,
which ended June 30, 2026.
Highlights include:
| - |
Record Revenue of over $10M, an increase of 59% as compared to the first quarter of Fiscal Year 2026 |
| - |
Highest Gross Margins in 5 years |
| - |
An Operating Profit of $664,802, an improvement of $1,420,108 compared to the first quarter of Fiscal Year 2026 |
| - |
Backlog of nearly $40M, the highest in Company history |
For the quarter ended June 30, 2026, IEH had revenues of $10,021,446
as compared to $6,308,155 for the quarter ended June 30, 2025, reflecting a 59% increase; an operating profit of $664,802 for 1st quarter
fiscal year 2027 as compared to an operating loss of $755,306 for 1st quarter fiscal year 2026; net income of $654,466 for 1st quarter
fiscal year 2027 as compared to a net loss of $654,618 for 1st quarter fiscal year 2026; and a basic gain per share of $.26 for 1st quarter
fiscal year 2027 as compared to a basic loss per share of $.27 for 1st quarter fiscal year 2026.
Dave Offerman, President and CEO of IEH Corporation commented, “By
all available metrics, IEH had an outstanding first quarter of Fiscal Year 2027. Our revenue reached an all-time high of just over $10M,
our gross margins nearly doubled from the same quarter last year, and our Operating Income improved by over $1.4M. Our backlog remains
at an all-time high, and we are hiring and adding capacity and equipment to meet the surging demand in the defense, commercial aerospace,
space and medical markets we serve. The stabilization in gold prices over the last several months has allowed the r prices increases we
implemented over the past year to flow through to our margins earlier than projected. Importantly, our sales pipeline remains strong,
heralding continued growth for the rest of this fiscal year and beyond. We look forward to sharing more positive developments in the coming
quarters.
On behalf of the management team and staff of IEH, we again wish to
express our sincere gratitude for the support of our valued shareholders.”
About IEH Corporation
For over 85 years and 4 generations of family-run management, IEH
Corporation has designed, developed, and manufactured printed circuit board (PCB) connectors, custom interconnects and contacts for high
performance applications. With its signature Hyperboloid technology, IEH supplies the most durable, reliable connectors for the most demanding
environments. The Company markets primarily to companies in defense, aerospace, medical, space and industrial applications, in the United
States, Canada, Europe, Southeast and Central Asia and the Mideast. The Company was founded in 1941 and is headquartered in Brooklyn,
New York.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
Certain statements contained in this press release, and in related
comments by the Company’s management, include “forward-looking statements.” All statements, other than statements of
historical facts, including, without limitation, statements or expectations regarding our financial condition, statements or expectations
regarding our revenues, cash and backlog, expectations regarding future cash requirements, revenue and revenue recovery, including for
fiscal year 2027 and beyond, projected timelines for making our SEC filings or successfully preventing our registration from suspension
or revocation and expectations regarding our efforts and ability to resolve our inventory accounting issues are forward-looking statements.
These statements often include words such as “believe,” “expect,” “estimate,” “plan,”
“will,” “may,” “would,” “should,” “could,” or similar expressions, although
not all forward-looking statements contain such identifying words. These statements are based on certain assumptions that the Company
has made on its current expectations and projections about future events. The Company believes these judgments are reasonable, but you
should understand that these statements are not guarantees of performance or results, and you should not place undue reliance on any forward-looking
statements. The Company’s actual performance or results could differ materially from those expressed in the forward-looking statements
due to a variety of important factors, both positive and negative, as they will depend on many factors about which we are unsure, including
many factors beyond our control. Among other items, such factors could include: any claims, investigations or proceedings arising as a
result of our past due periodic reports, including changes in the proceedings related to the SEC’s Order Instituting Administrative
Proceedings and Notice of Hearing pursuant to Section 12(j) of the Securities and Exchange Act of 1934, as amended; our ability to remediate
our inventory accounting issue; our ability to reduce costs or increase revenue; changes in the macroeconomic environment or in the finances
of our customers; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates
and the assumptions underlying the estimates; our ability to attract and retain key employees and key resources; and other risk factors
discussed from time to time in our filings with the SEC, including those factors discussed under the caption “Risk Factors”
in our most recent annual report on Form 10-K, filed with the SEC on June 12, 2025, and in subsequent reports filed with or furnished
to the SEC. Additional information concerning these and other factors can be found in our filings with the SEC. All forward-looking statements
attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements.
Except as may be required by applicable law, we do not undertake or intend to update or revise our forward-looking statements, and we
assume no obligation to update any forward-looking statements contained in this press release as a result of new information or future
events or developments. Thus, you should not assume that our silence over time means that actual events are bearing out as expressed or
implied in such forward-looking statements. You should carefully review and consider the various disclosures we make in our filings with
the SEC that attempt to advise interested parties of the risks, uncertainties and other factors that may affect our business.
Contact:
Dave Offerman
IEH Corporation
dave@iehcorp.com
718-492-4448
