IEH Corp Files Amendment No. 1 to Form 10-K for Fiscal Year Ended March 31, 2022

TL;DR

<b>IEH Corp has filed an amendment to its 2022 10-K report, providing updated information.</b>

AI Summary

IEH Corp (IEHC) filed a Amended Annual Report (10-K/A) with the SEC on April 22, 2024. IEH Corp filed an Amendment No. 1 to its Form 10-K for the fiscal year ended March 31, 2022. The filing was made on April 22, 2024. The company's principal executive offices are located at 140 58th Street, Suite 8E, Brooklyn, NY 11220. IEH Corp's common stock trades under the symbol IEHC on the OTC Pink Market. The company is incorporated in New York and has an IRS Employer Identification No. of 13-5549348.

Why It Matters

For investors and stakeholders tracking IEH Corp, this filing contains several important signals. This amendment indicates that IEH Corp is providing updated or corrected information for its fiscal year 2022 annual report. The filing details the company's basic corporate information, including its address and stock trading details, which are essential for investors and regulatory tracking.

Risk Assessment

Risk Level: low — IEH Corp shows low risk based on this filing. The filing is an amendment to a previous report, suggesting it's for clarification or correction rather than new material events, thus posing a low risk.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated disclosures or corrections by IEH Corp.

Key Numbers

• 2022-03-31 — Fiscal Year End (The fiscal year for which the 10-K report pertains.)
• 2024-04-22 — Filing Date (The date the Amendment No. 1 was filed with the SEC.)
• 0-5278 — Commission File Number (The SEC's file number for IEH Corporation.)
• 13-5549348 — IRS Employer Identification No. (The company's IRS EIN.)
• 7184924440 — Business Phone (Registrant's telephone number.)

Key Players & Entities

• IEH Corp (company) — Registrant name
• 10-K/A (filing) — Form type
• 2024-04-22 (date) — Filing date
• March 31, 2022 (date) — Fiscal year end
• 0001213900-24-034937 (filing) — Accession number
• IEHC (company) — Trading symbol
• OTC Pink Market (exchange) — Exchange where common stock is registered
• 13-5549348 (identifier) — IRS Employer Identification No.

FAQ

Key Dates

• 2022-03-31: Fiscal Year End — Marks the end of the reporting period for the original 10-K filing.
• 2024-04-22: Filing Date of Amendment No. 1 — Indicates when the updated information was submitted to the SEC.

Key Financial Figures

• $0.01 — ch Registered: Shares of common stock, $0.01 par value IEHC OTC Pink Market Indica
• $12.00 — r 30, 2021, based on a closing price of $12.00 was $ 14,777,000 . As of April 22, 202
• $97,885 — any recorded deposits from customers of $97,885, $38,661, and $245,960, as of March 31,
• $38,661 — ded deposits from customers of $97,885, $38,661, and $245,960, as of March 31, 2022, Ma
• $245,960 — from customers of $97,885, $38,661, and $245,960, as of March 31, 2022, March 31, 2021 a
• $2,103,885 — arch 31, 2022, other income consists of $2,103,885 of debt forgiveness income from the for
• $24,265,589 — he fiscal year ended March 31, 2022 was $24,265,589 reflecting a decrease of $10,449,606, o
• $10,449,606 — as $24,265,589 reflecting a decrease of $10,449,606, or 30.1%, as compared to $34,715,195 f
• $34,715,195 — f $10,449,606, or 30.1%, as compared to $34,715,195 for the fiscal year ended March 31, 202
• $7,124,539 — 2021 was primarily due to a decrease of $7,124,539 and $4,006,899 in our military and comm
• $4,006,899 — ily due to a decrease of $7,124,539 and $4,006,899 in our military and commercial aerospac
• $19,328,249 — he fiscal year ended March 31, 2022 was $19,328,249 reflecting a decrease of $5,108,443, or
• $5,108,443 — as $19,328,249 reflecting a decrease of $5,108,443, or 20.9%, as compared to $24,436,692 f
• $24,436,692 — of $5,108,443, or 20.9%, as compared to $24,436,692 for the fiscal year ended March 31, 202
• $5,039,072 — he fiscal year ended March 31, 2022 was $5,039,072, reflecting a decrease of $1,864,258, o

Filing Documents

• ea0203665-10ka1_iehcorp.htm (10-K/A) — 3059KB
• ea020366501ex23-2_iehcorp.htm (EX-23.2) — 2KB
• ea020366501ex31-3_iehcorp.htm (EX-31.3) — 9KB
• ea020366501ex31-4_iehcorp.htm (EX-31.4) — 9KB
• ea020366501ex32-2_iehcorp.htm (EX-32.2) — 5KB
• 0001213900-24-034937.txt (&nbsp;) — 16044KB
• iehc-20220331.xsd (EX-101.SCH) — 140KB
• iehc-20220331_cal.xml (EX-101.CAL) — 57KB
• iehc-20220331_def.xml (EX-101.DEF) — 437KB
• iehc-20220331_lab.xml (EX-101.LAB) — 819KB
• iehc-20220331_pre.xml (EX-101.PRE) — 459KB
• ea0203665-10ka1_iehcorp_htm.xml (XML) — 4096KB

, Item 7. Management's Discussion and Analysis

Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

, Item 8. Financial Statements

Part II, Item 8. Financial Statements In addition, in accordance with applicable SEC rules, this Amendment No. 1 to the Original Form 10-K includes new certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 from our principal executive officer and our principal financial officer dated as of the filing date of this Amendment No. 1 to the Original Form 10-K, which are also reflected in Item 15 hereof, as well as an updated signature page. Except as described above, this Amendment No. 1 to the Original Form 10-K does not amend, update or change any other items or disclosures in the Original Form 10-K and does not purport to reflect any information or events subsequent to the filing thereof. Accordingly, as reflected in the Table of Contents below, sections of the Original Form 10-K not amended, updated or changed, have been omitted from this Amendment No. 1 to the Original Form 10-K. As such, this Amendment No. 1 to the Original Form 10-K speaks only as of the date the Original Form 10-K was filed, and we have not undertaken herein to amend, supplement or update any information contained in the Original Form 10-K to give effect to any subsequent events. Accordingly, this Amendment No. 1 to the Original Form 10-K should be read in conjunction with our original 10-K filed with SEC on June 22, 2023 and filings made with the SEC subsequent to the Original Form 10-K. TABLE OF CONTENTS PAGE PART I ITEM 7.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS 1 ITEM 8.

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 28 PART II ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 29

SIGNATURES

SIGNATURES 31 i IEH CORPORATION PART I

Management's Discussion

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations: facts, may be considered forward-looking information with respect to plans, projections, or future performance of the Company as defined under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. The words "anticipate," "believe", "estimate", "expect," "objective," and think" or similar expressions used herein are intended to identify forward-looking that include, among other things, the effects of the Company's business, actions of competitors, changes in laws and regulations, including accounting standards, employee relations, customer demand, prices of purchased raw material and parts, domestic economic conditions, including housing starts and changes in consumer disposable income, and foreign economic conditions, including currency rate fluctuations. Some or all of the facts are beyond the Company's control. The following discussion and analysis should be read in conjunction with our audited financial statements and related footnotes included elsewhere in this report, which provide additional information concerning the Company's financial activities and condition. The Company designs, develops and manufactures printed circuit board connectors and custom interconnects for high performance applications. Overview of Business: All of our connectors utilize the HYPERBOLOID contact design, a rugged, high-reliability contact system ideally suited for high-stress environments. We believe we are the only independent producer of HYPERBOLOID printed circuit board connectors in the United States. Our customers consist of OEMs (Or

View Full Filing

View this 10-K/A filing on SEC EDGAR