Sono-Tek Corp 2025年季度报告

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as speciied in its charter)NewYork 2012Rt.9W,Milton,NY12547 (Address of Principal Executive Ofices) (Zip Code)Issuer's telephone no., including area code: (845)795-2020 Securities Registered Pursuant to Section 12(b) of the Act: TradingSymbol(s) the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required toile such reports), and (2) has been subject to suchiling requirements for the past 90 days. Indicate by checkmark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (section229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was iler, a smaller reporting company, or an emerging growth company. See the deinitions of “large acceleratediler,”“acceleratediler”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Non-Accelerated Filer☑Smaller reporting company☑Emerging Growth company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended Indicate by check mark whether the registrant is a shell company (as deined in Rule 12b-2 of the Exchange Act).Yes☐No☑ Part I – Financial InformationItem 1 – Condensed Consolidated Financial Statements:Condensed Consolidated Balance Sheets – May 31, 2025 (Unaudited) and February 28, 2025Condensed Consolidated Statements of Income – Three Months Ended May 31, 2025 and 2024(Unaudited)Condensed Consolidated Statements of Stockholders' Equity – Three Months Ended May 31, 2025 and2024 (Unaudited)Condensed Consolidated Statements of Cash Flows – Three Months Ended May 31, 2025 and 2024 Item 5 – Other Information CASHFLOWSFROMINVESTINGACTIVITIES:Purchase of equipment, furnishings and leasehold improvementsSale of marketable securities1,364,134 CASHFLOWSFROMFINANCINGACTIVITIESPurchase of treasury stock Net Cash Used in Financing Activities(79,479)NET(DECREASE)/INCREASEINCASHANDCASHEQUIVALENTS(339,322) SupplementalCashFlowDisclosure:Interest Paid$—$Income Taxes Paid$569,319$See notes to unaudited condensed consolidatedinancial statements.4 THREEMONTHSENDEDMAY31,2025and2024(Unaudited) NOTE1:BUSINESSDESCRIPTION Sono-Tek Corporation (the “Company”, “Sono-Tek”, “We” or “Our”) was incorporated in New York on March 21,1975. We are the world leader in the design and manufacture of ultrasonic coating systems for applying precise,thinilm coatings to add functional properties, protect or strengthen surfaces on parts and components for themicroelectronics/electronics, alternative energy, medical, industrial and emerging research & development/other their desired coating solutions.The accompanying unaudited condensed consolidatedinancial statements have been prepared in accordance with statements. In the opinion of the Company’s management, all adjustments considered necessary for a fairpresentation (consisting of normal recurring adjustments) have been included. The results for the interim periodsare not necessarily indicative of what the results will be for theiscal year. The accompanying unaudited condensedconsolidatedinancial statements should be read in conjunction with the audited Consolidated FinancialStatements as of and for theiscal year ended February 28, 2025 (“iscal year 2025”) contained in the Company’s2025 Annual Report on Form 10-Kiled with the SEC on May 28, 2025. The Company’s currentiscal year ends onFebruary 28, 2026 (“iscal 2026”).NOTE2:SIGNIFICANTACCOUNTINGPOLICIES FairValueofFinancialInstruments-The Company applies Accounting Standards Codiication (“ASC”) 820,FairValueMeasurement(“ASC 820”), which establishes a framework for measuring fair value and clariies the deinition orderly transaction between market participants on the measurement date. The fair value hierarchy established inASC 820 generally requires an entity to maximize the use of observable inputs and minimize the use ofunobservable inputs when measuring fair value. Observable inputs relect the assumptions that market sources independent of the reporting entity. Unobservable inputs relect the entity’s own assumptions based onmarket data and the entity’s judgments about the assumptions that market participants would use in pricing theasset or liability and are to be developed based on the best information available in the circumstances. 5 The valuation hierarchy is composed of three levels. The classiication within the valuation hierarchy is based onthe lowest level of input that is signiicant to the fair value measurement. The levels within the valuation hierarchyare described below: Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fai