Welcome to our dedicated page for Sci Engineered SEC filings (Ticker: SCIA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SCI Engineered Materials filings document governance, executive officer changes, capital actions and other material events for an Ohio issuer whose common stock is quoted on OTCQB under SCIA. The company’s proxy materials cover annual meeting matters, shareholder voting, board oversight and executive compensation disclosures.
Form 8-K reports record officer appointments and retirements, the authorization of a common-stock repurchase program, and other event disclosures, including business-risk matters involving bank fraud and internal-control review. The filings also identify the company’s common stock as without par value and provide formal exhibits supporting press-release and governance disclosures.
Young Jeremiah Ray reported acquisition or exercise transactions in this Form 4 filing.
SCI Engineered Materials, Inc. President and CEO Jeremiah Ray Young received an award of 4,584 shares of common stock on February 20, 2026. The shares were granted at a price of $5.25 per share as a non-derivative stock award. Following this grant, Young directly holds 53,852 shares of SCI Engineered Materials common stock.
SCI Engineered Materials, Inc. shareholder Charles Kohnen has filed a Schedule 13D reporting an 8.12% stake in the company. He beneficially owns 364,000 common shares, based on 4,483,407 shares outstanding as of February 16, 2026. Of these, he holds sole voting and dispositive power over 316,000 shares and shares voting and dispositive power over 48,000 shares with his wife, Angela Kohnen.
Kohnen acquired all 364,000 shares as a private investor using personal funds in open-market purchases, without borrowing. He previously reported his position on Schedule 13G but now reports on Schedule 13D after beginning active communications with the board, management, other stockholders, and relevant parties about the company’s operations, governance, strategy, and capitalization. He indicates he may buy or sell shares, propose operational or governance changes, or pursue other actions described in the Schedule 13D instructions, depending on his ongoing evaluation of the company and market conditions.
SCI Engineered Materials, Inc. reported lower 2025 revenue but maintained solid profitability and a strong balance sheet. Revenue fell to $19.6 million from $22.9 million, mainly from lower volume and product mix. Gross profit was roughly flat at $5.0 million, and gross margin improved to 25.7% from 22.2% as mix and raw material costs were more favorable.
Operating expenses rose to $3.2 million, and net income dipped slightly to $1.7 million from $1.9 million, or $0.38 per diluted share versus $0.41 in 2024. SCI ended 2025 with $7.9 million in cash, no debt, and working capital of about $8.4 million, while also investing in new equipment and marketable securities.
The company depends heavily on a few large customers, with the two largest representing about 84.5% of 2025 net sales. It continues to focus on niche photonics, defense, glass, and advanced coating markets, supported by patented PVD materials, ongoing R&D, and new product initiatives such as rotatable targets, indium tin oxide products, enriched boron carbide, and custom powder solutions. In late 2025 SCI authorized a $1.0 million share repurchase program and bought 100,000 shares for $500,000.
SCI Engineered Materials, Inc. shareholder Curtis A. Loveland filed an amended Schedule 13D reporting his holdings in the company’s common stock. As trustee of generation-skipping irrevocable trusts established by Edward R. and Ingeborg V. Funk, he is deemed to beneficially own 158,656 shares, representing 3.5% of the outstanding common stock, and has sole voting and dispositive power over these shares, while expressly disclaiming beneficial ownership.
The filing details multiple open-market sales by the trusts in November and December 2025, including transactions such as 25,000 shares on November 12, 2025 at a weighted average price of $5.00 and additional sales through December 29, 2025 at prices generally around $5.00–$5.50 per share. The event date triggering this amendment is listed as December 31, 2025.
SCI Engineered Materials, Inc. filed an amended current report to update the title of a press release describing an imposter scam of $898,325 executed in conjunction with bank fraud. Management contacted its bank, filed an IC3 report with the FBI, and is working with its insurance carrier to pursue recovery.
The company reports no evidence so far of additional fraudulent activity and does not currently believe there was unauthorized access to its data or systems. The investigation, including impacts on internal controls, is ongoing, and the company states its business and operations were not affected.
SCI Engineered Materials, Inc. reported that it was subjected to an imposter scam of $898,325 executed in conjunction with bank fraud. After discovering the incident, management contacted its financial institution, filed an IC3 report with the U.S. Federal Bureau of Investigation, and engaged its insurance carrier to pursue recovery of the funds.
The Company states it has found no evidence of additional fraudulent activity and does not currently believe there was unauthorized access to its data or systems. An investigation into the incident and its impact on internal controls is ongoing, and the Company reports that its business and operations were not affected.
SCI Engineered Materials, Inc. authorized a share repurchase program of up to $1 million of its common stock. The program is scheduled to run for up to one year beginning December 1, 2025. Repurchases may be conducted in the market under SEC Rule 10b-18, which can include block trades, and will be executed through Caldwell Sutter Capital, Inc. as the Company’s agent. The board is not required to buy any specific number of shares and can modify, suspend, or end the program at any time without prior notice.
SCI Engineered Materials (SCIA) reported a stronger Q3, with revenue of $5,289,116 vs. $3,883,237 a year ago and net income of $510,279 vs. $360,578. Gross margin for the quarter was 25.2% (28.1% last year) as higher raw material costs and product mix offset volume gains.
For the nine months, revenue was $12,398,652 vs. $17,819,042 and net income was $1,184,455 vs. $1,432,408. Nine‑month gross margin improved to 28.7% from 21.8%, reflecting mix and lower raw material costs. Operating expenses were $790,976 in Q3 and $2,363,601 year‑to‑date.
Liquidity remained solid: cash and cash equivalents were $9,478,260, with $3,296,563 in long‑term marketable securities and no debt. Customer deposits rose to $4,032,224, indicating booked work to be fulfilled, and inventories increased to $3,031,834 to support future shipments. The company renewed a $1,000,000 undrawn line of credit maturing August 29, 2026. Revenue was concentrated, with the top two customers representing 83% for the nine months, and international shipments were 1%.
SCI Engineered Materials, Inc. reported that its Vice President, Chief Financial Officer, Treasurer and Assistant Secretary, Gerald S. Blaskie, plans to retire in April 2026. The company stated that his retirement is for personal reasons and is not related to any known disagreement with the company on any matter. SCI Engineered Materials plans to conduct a thorough search process so that a successor is in place before his departure.