ADM TRONICS UNLIMITED, INC. Files Q1 2025 10-Q

TL;DR

ADM TRONICS UNLIMITED, INC. filed their Q1 2025 10-Q. Financials are in.

AI Summary

ADM TRONICS UNLIMITED, INC. filed its 10-Q for the period ending June 30, 2025. The company, incorporated in Delaware, operates in the electromedical and electrotherapeutic apparatus sector. Their business address is located at 224 S Pegasus Ave, Northvale, NJ.

Why It Matters

This filing provides investors with an update on ADM TRONICS UNLIMITED, INC.'s financial performance and operational status for the first quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediate red flags or significant negative news.

Key Numbers

• Q1 2025 — Fiscal Quarter (Reporting period for the 10-Q filing.)
• 0331 — Fiscal Year End (Indicates the company's fiscal year concludes on March 31st.)

Key Players & Entities

• ADM TRONICS UNLIMITED, INC. (company) — Filer
• 20250630 (date) — Reporting Period End Date
• 224 S PEGASUS AVE, NORTHVALE, NJ 07647 (address) — Business Address

FAQ

Key Financial Figures

• $250,000 — Corporation ("FDIC") up to a maximum of $250,000. At June 30, 2025 and March 31, 2025, a

Filing Documents

• admt20250630_10q.htm (10-Q) — 777KB
• ex_853906.htm (EX-31.1) — 8KB
• ex_853907.htm (EX-32.1) — 5KB
• 0001437749-25-027354.txt ( ) — 4402KB
• admt-20250630.xsd (EX-101.SCH) — 41KB
• admt-20250630_def.xml (EX-101.DEF) — 288KB
• admt-20250630_lab.xml (EX-101.LAB) — 254KB
• admt-20250630_pre.xml (EX-101.PRE) — 317KB
• admt-20250630_cal.xml (EX-101.CAL) — 38KB
• admt20250630_10q_htm.xml (XML) — 593KB

- Financial Information

Part I - Financial Information Item 1. Condensed Consolidated Financial Statements (unaudited): Condensed Consolidated Balance Sheets –June 30, 2025 (unaudited) and March 31, 2025 3 Condensed Consolidated Statements of Operations for the three ended June 30, 2025 and 2024 (unaudited) 4 Condensed Consolidated Statement of Stockholders' Equity for the three months ended June 30, 2025 and 2024 (unaudited) 5 Condensed Consolidated Statements of Cash Flows for the three months ended June 30, 2025 and 2024 (unaudited) 6 Notes to Condensed Consolidated Financial Statements 7 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 14 Item 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 17 Item 4.

Controls and Procedures

Controls and Procedures 18

- Other Information

Part II - Other Information Item 1.

Legal Proceedings

Legal Proceedings 18 Item 1A.

Risk Factors

Risk Factors 18 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 18 Item 3. Defaults Upon Senior Securities 18 Item 4. Mine Safety Disclosures 18 Item 5. Other Information 18 Item 6. Exhibits 19 2

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS ADM TRONICS UNLIMITED, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) June 30, March 31, 2025 2025 ASSETS Current assets: Cash and cash equivalents $ 369,790 $ 382,969 Accounts receivable, net of credit losses of $ 975,597 at June 30, 2025 and March 31, 2025, respectively 556,803 528,383 Inventories 388,970 336,270 Prepaid expenses and other current assets 11,285 1,800 Total current assets 1,326,848 1,249,422 Other Assets: Long-term inventory 216,214 220,401 Operating lease right-of-use asset 290,905 313,189 Loan receivable, net of allowance for doubtful accounts of $ 240,965 at June 30, 2025 and March 31, 2025, respectively. 89,125 89,125 Investments 451,500 225,750 Intangible assets, net of accumulated amortization of $ 36,983 and $ 35,242 at June 30, 2025 and March 31, 2025, respectively 13,326 15,067 Other assets - 14,917 Total other assets 1,061,070 878,449 Total assets $ 2,387,918 $ 2,127,871 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 343,406 $ 299,007 Bank overdraft 89,820 147,503 Accrued expenses and other current liabilities 49,128 29,240 PPP loan - 896 Line of credit 379,678 377,161 Operating lease liability 93,373 93,373 Customer deposits 152,948 201,968 Total current liabilities 1,108,353 1,149,148 Long-term liabilities Due to employee 79,449 79,449 Operating lease liability less current portion 205,020 227,928 Total long-term liabilities 284,469 307,377 Total liabilities 1,392,822 1,456,525 Stockholders' equity: Preferred stock, $ .01 par value; 5,000,000 shares authorized, no shares issued and outstanding - - Common stock, $ 0.0005 par value; 150,000,000 shares authorized, 67,588,492 shares issued and outstanding 33,794 33,794 Additional paid-in capital 33,607,772 33,607,772 Accumul

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