IEH Corp Files 2024 Annual Report

TL;DR

IEH Corp filed its 2024 10-K. Check financials.

AI Summary

IEH Corp filed its annual 10-K report for the fiscal year ended March 31, 2024. The company, incorporated in New York and headquartered in Brooklyn, operates in the electronic connectors industry. This filing provides a comprehensive overview of the company's financial performance and business operations for the past fiscal year.

Why It Matters

This 10-K filing provides investors and stakeholders with a detailed look into IEH Corp's financial health and operational status for the fiscal year ending March 31, 2024.

Risk Assessment

Risk Level: low — This is a standard annual filing with no immediate red flags or significant new risks highlighted.

Key Numbers

• 0331 — Fiscal Year End (Indicates the end of the reporting period for financial statements.)
• 13-5549348 — IRS Number (Employer Identification Number for tax purposes.)

Key Players & Entities

• IEH Corp (company) — Registrant
• March 31, 2024 (date) — Fiscal year end
• New York (location) — State of incorporation
• Brooklyn, NY (location) — Principal executive offices
• 0-5278 (other) — Commission file number

FAQ

Key Financial Figures

• $0.01 — ch Registered: Shares of common stock, $0.01 par value IEHC OTC Pink Market Indica
• $8.05 — r 30, 2023, based on a closing price of $8.05 was approximately $ 9,912,000 . As of
• $18,285,600 — . The backlog amounted to approximately $18,285,600 at March 31, 2024 as compared to $13,72
• $13,724,000 — 85,600 at March 31, 2024 as compared to $13,724,000 at March 31, 2023. The increase in tota

Filing Documents

• ea0207042-10k_iehcorp.htm (10-K) — 756KB
• ea020704201ex-21_iehcorp.htm (EX-21) — 2KB
• ea020704201ex23-1_iehcorp.htm (EX-23.1) — 2KB
• ea020704201ex31-1_iehcorp.htm (EX-31.1) — 14KB
• ea020704201ex31-2_iehcorp.htm (EX-31.2) — 14KB
• ea020704201ex32-1_iehcorp.htm (EX-32.1) — 8KB
• 0001213900-24-052905.txt ( ) — 4170KB
• iehc-20240331.xsd (EX-101.SCH) — 46KB
• iehc-20240331_cal.xml (EX-101.CAL) — 40KB
• iehc-20240331_def.xml (EX-101.DEF) — 184KB
• iehc-20240331_lab.xml (EX-101.LAB) — 354KB
• iehc-20240331_pre.xml (EX-101.PRE) — 180KB
• ea0207042-10k_iehcorp_htm.xml (XML) — 382KB

BUSINESS

BUSINESS 1 ITEM 1A. RISK FACTORS 5 ITEM 1B. UNRESOLVED STAFF COMMENTS 17 ITEM 1C. CYBERSECURITY 17 ITEM 2.

PROPERTIES

PROPERTIES 18 ITEM 3. LEGAL PROCEEDINGS 18 ITEM 4. MINE SAFETY DISCLOSURES 18 PART II 19 ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 19 ITEM 6. [RESERVED] 20 ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS 20 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 25 ITEM 8. FINANCIAL 25 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 25 ITEM 9A. CONTROLS AND PROCEDURES 25 ITEM 9B. OTHER INFORMATION 26 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 26 PART III 27 ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 27 ITEM 11. EXECUTIVE COMPENSATION 31 ITEM 12. SECURITY 34 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 35 ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES 35 PART IV 36 ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 36 ITEM 16. FORM 10-K SUMMARY 37

SIGNATURES

SIGNATURES 38 i IEH CORPORATION Cautionary Statements Concerning Forward-Looking Statements This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and Section 27A of the Securities Act of 1933, as amended (the "Securities Act"). Any statements contained in this report that are not statements of historical fact may be forward-looking statements. When we use the words "anticipates," "plans," "estimates," "expects," "believes," "should," "could," "may," "will" and similar expressions, we are identifying forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future financial events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Forward-looking statements involve risks and uncertainties described under "Risk Factor Summary" below, "Risk Factors" in Part I, Item 1A, and elsewhere in this Annual Report on Form 10-K, and may include pressures; accounting estimates and assumptions; pricing pressures on our product caused by competition; the risk that our products will not gain market acceptance; our ability to obtain additional financing; our ability to successfully prevent our registration with the U.S. Securities and Exchange Commission (the "SEC") from being suspended or revoked; our ability to operate our accounting systems effectively; our ability to protect intellectual property; our ability to integrate our satellite facility into our operations; and our ability to attract and retain key employees. No forward-looking statement is a guarantee of future performance and you should not place undue reliance on any forward-looking statement. Our actual results may differ mat

View Full Filing

View this 10-K filing on SEC EDGAR