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Virco Mfg Corp 2025年度报告

2026-06-25 美股财报 陈宫泽凡
报告封面

Form 11-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 [FEEREQUIRED] For the fiscal year ended December 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934[NO FEE REQUIRED] For the transition period from to Commission File Number 1-8777Virco Mfg. Corporation 401(k) PlanVirco Mfg. Corporation2027 Harpers WayTorrance, California 90501 INDEX TO FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULE Report of Independent Registered Public Accounting FirmStatements of Net Assets Available for BenefitsStatement of Changes in Net Assets Available for BenefitsNotes to the Financial StatementsScheduleH, Line 4i - Schedule of Assets (Held at End of Year)Consent of Independent Registered Public Accounting Firm Report of Independent Registered Public Accounting Firm To the Plan Administrator and Participants ofVirco Mfg. Corporation 401(k) Plan: Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of Virco Mfg. Corporation 401(k) Plan (the "Plan")as of December 31, 2025, and 2024, and the related statement of changes in net assets available for benefits for the year endedDecember 31, 2025 and the related notes (collectively referred to as the “financial statements”). In our opinion, the financialstatements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024,and the changes in net assets available for benefits for the year ended December 31, 2025, in conformity with accounting principlesgenerally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on thesefinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting OversightBoard (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federalsecurities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the auditsto obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due toerror or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles usedand significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believethat our audits provide a reasonable basis for our opinion. Supplemental Information The supplemental information contained in the accompanying schedule of assets (held at end of year) has been subjected to auditprocedures performed in conjunction with the audit of Plan’s financial statements. The supplemental information is the responsibilityof the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to thefinancial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completenessand accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information inthe accompanying schedule, we evaluated whether the supplemental information, including its form and content, is presented inconformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee RetirementIncome Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to thefinancial statements as a whole. /S/ KBF CPAs LLP We have served as the Plan’s auditor since 2011. Lake Oswego, OregonJune 25, 2026 Virco Mfg. Corporation 401(k) Plan Statements of Net Assets Available for Benefits Virco Mfg. Corporation 401(k) PlanStatement of Changes in Net Assets Available for Benefits Virco Mfg. Corporation 401(k) PlanNotes to the Financial StatementsDecember 31, 2025 1. Plan Description The following description of the Virco Mfg. Corporation 401(k) Plan (the "Plan") provides only general information. Participantsshould refer to the Plan document for a more complete description of the Plan's provisions. General Virco Mfg. Corporation ("Virco" or the "Company") established the Plan on April 1, 1993 to comply with section 401(a) of theInternal Revenue Code (the “IRC”) as a profit sharing plan subject to the applicable provisions of the Employ