UTMD: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	39m	41m
Cost of revenue	17m	17m
Gross profit	22m	24m
Research and development	668,000	813,000
Selling, general and administrative	8m	8m
Operating income	11m	14m
Pre-tax income	14m	17m
Income tax	3m	3m
Net income	11m	14m
Earnings per share	3.48	3.96
Earnings per share, diluted	3.48	3.96

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	87m	86m	84m	82m	83m	83m	88m	89m
Receivables	4m	4m	4m	4m	4m	4m	4m	4m
Inventory	9m	8m	8m	8m	9m	9m	9m	9m
Current assets	100m	98m	97m	94m	96m	96m	102m	102m
Property, plant and equipment	10m	10m	10m	10m	10m	10m	10m	10m
Goodwill	14m	14m	14m	14m	14m	14m	14m	14m
Total assets	124m	123m	122m	121m	123m	123m	130m	130m
Current liabilities	4m	3m	3m	2m	4m	4m	3m	4m
Long-term debt	210,000	225,000	—	—	269,000	282,000	—	—
Total liabilities	4m	3m	4m	3m	5m	5m	5m	6m
Equity	120m	119m	118m	118m	117m	117m	124m	124m
Shares outstanding	3m	3m	3m	3m	3m	3m	3m	3m
Shares issued	3m	3m	3m	3m	3m	3m	3m	3m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	15m	15m
Depreciation and amortisation	826,000	730,000
Share-based compensation	373,000	256,000
Capital expenditure	371,000	230,000
Investing cash flow	−371,000	−208,000
Dividends paid	4m	4m
Share buybacks	8m	20m
Financing cash flow	−12m	−24m