# NVE Corp: Form 10-Q for the period ended Sep 30, 2018

- Company: [NVE Corp](/companies/nvec.md) (CIK 724910)
- Form: 10-Q
- Filed: 2018-10-15
- Accepted by EDGAR: Oct 15, 2018, 12:19 ET
- Period: 2018-09-30
- Accession: 0001437749-18-018287
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/724910/000143774918018287/nvec20180930_10q.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/724910/000143774918018287/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2018-09-30.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 3 months, 2018-07-01 to 2018-09-30 | $7.5m | us-gaap:Revenues |
| Revenue | 6 months, 2018-04-01 to 2018-09-30 | $14.6m | us-gaap:Revenues |
| Cost of revenue | 3 months, 2018-07-01 to 2018-09-30 | $1.4m | us-gaap:CostOfRevenue |
| Cost of revenue | 6 months, 2018-04-01 to 2018-09-30 | $2.7m | us-gaap:CostOfRevenue |
| Gross profit | 3 months, 2018-07-01 to 2018-09-30 | $6.2m | us-gaap:GrossProfit |
| Gross profit | 6 months, 2018-04-01 to 2018-09-30 | $11.9m | us-gaap:GrossProfit |
| Research and development | 3 months, 2018-07-01 to 2018-09-30 | $972.0k | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months, 2018-04-01 to 2018-09-30 | $2.0m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months, 2018-07-01 to 2018-09-30 | $377.4k | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months, 2018-04-01 to 2018-09-30 | $706.2k | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months, 2018-07-01 to 2018-09-30 | $4.8m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months, 2018-04-01 to 2018-09-30 | $9.2m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months, 2018-07-01 to 2018-09-30 | $964.5k | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months, 2018-04-01 to 2018-09-30 | $1.8m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months, 2018-07-01 to 2018-09-30 | $4.3m | us-gaap:NetIncomeLoss |
| Net income | 6 months, 2018-04-01 to 2018-09-30 | $8.2m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months, 2018-07-01 to 2018-09-30 | $0.88 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months, 2018-04-01 to 2018-09-30 | $1.70 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months, 2018-07-01 to 2018-09-30 | $0.88 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months, 2018-04-01 to 2018-09-30 | $1.70 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months, 2018-07-01 to 2018-09-30 | 4,852,644 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months, 2018-04-01 to 2018-09-30 | 4,851,072 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months, 2018-04-01 to 2018-09-30 | $8.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months, 2018-04-01 to 2018-09-30 | $38.0k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months, 2018-04-01 to 2018-09-30 | $9.7m | us-gaap:PaymentsOfDividendsCommonStock |
| Cash and equivalents | at 2018-09-30 | $6.0m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2018-09-30 | $37.3m | us-gaap:AssetsCurrent |
| Total assets | at 2018-09-30 | $85.9m | us-gaap:Assets |
| Current liabilities | at 2018-09-30 | $716.0k | us-gaap:LiabilitiesCurrent |
| Shareholders' equity | at 2018-09-30 | $85.1m | us-gaap:StockholdersEquity |

## Sections

No standard item headings were found in this filing’s main document, so no sections were extracted. Read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/724910/000143774918018287/nvec20180930_10q.htm

Filed Oct 15, 2018.
Source: SEC EDGAR, the filing index for accession 0001437749-18-018287. Last ingested by Listed: Nov 5, 2026, 19:10 ET. No prices; not investment advice.