Inrad Optics, Inc.

Inrad Optics, Inc.

INRD
Inrad Optics, Inc.US flagOther OTC
1.09
USD
-0.01
- -
18.28MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
1.13
0.96
0.94
0.8
0.83
0.76
0.74
0.85
0.73
0.65
0.82
0.76
- -
0.91
Basic EPS, GAAP
0.01
-0.12
-0.14
-0.21
-0.04
-0.05
-0.05
0.05
-0.06
-0.07
0.13
0.01
- -
0.25
Free Cash Flow per Basic Share
-0.06
-0.08
-0.04
-0.11
-0.01
0.04
-0.01
0.03
0.01
-0.04
0.06
0.06
- -
0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.84
-0.95
-1.08
-1.26
-1.26
-1.28
-1.29
-1.21
-1.26
-1.32
-1.18
-1.16
- -
-0.89
Tangible Book Value per Share
0.6
0.51
0.39
0.22
0.19
0.16
0.12
0.19
0.15
0.1
0.24
0.26
- -
0.53
Basic Weighted Avg Shares
12
12
12
12
13
13
13
14
14
14
14
14
- -
14
Sales/Revenue/Turnover
13
11
11
10
10
10
10
11
10
9
11
11
13
13
Operating Margin (%)
2.33
-7.44
-10.54
-20.51
-2.94
-5.08
-5.01
7.55
-6.21
-8.31
8.23
3
14.05
13.28
Depreciation Expense
1
1
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-1
-2
-3
- -
-1
-1
1
-1
-1
2
- -
3
4
Effective Tax Rate (%)
6.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1.25
-12.46
-14.69
-25.86
-4.56
-6.2
-6.92
6.15
-7.76
-9.98
15.41
1.44
20.67
27.36
Working Capital
7
7
6
4
4
3
3
4
3
3
5
4
6
3
LT Debt
- -
3
3
3
3
3
3
3
3
4
3
3
3
- -
Total Equity
8
7
5
3
3
2
2
3
2
1
3
4
7
8
Return on Invested Capital (%)
3.13
- -
- -
- -
- -
- -
- -
17.79
- -
- -
16.37
4.8
- -
34.45
Return on Capital (%)
-3.44
- -
- -
- -
- -
- -
- -
-6.15
- -
- -
-13.81
-2.44
- -
-21.95
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
- -
- -
3
LT Borrowings
3
3
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
23
16
21

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
8
8
8
Cash, Cash Equivalents & STI
3
3
2
Accounts Receivable, Net
2
2
1
Inventories
3
3
3
Total Current Liabilities
2
2
5
Payables & Accruals
1
1
1
ST Debt
- -
- -
3
Deferred Revenue
1
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.61%
35.99%
78.53%
Free Cash Flow
-169.68%
-146.92%
75.3%
Net Income, GAAP
87.6%
213.79%
1,648.92%
Sales/Revenue/Turnover
2.32%
3.64%
21.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2
3
3
3
11
2023
3
4
3
3
13
2024
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.01
2023
0.01
0.05
0.05
- -
- -
2024
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Amy Eskilson
Full Time Employees
61
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
181 Legrand Avenue Northvale NJ United States of America 07647
IPO Date
Apr 8, 1999
Business
Inrad Optics, Inc. (INRD) develops, manufactures, and supplies precision optical components, assemblies, and systems for the photonics industry, including crystals and crystal components such as nonlinear crystals, Pockels cells, Q-switch crystals, and electro-optic devices; custom optics encompassing windows, lenses, mirrors, beamsplitters, and large-format optics for UV-IR applications; metal optics including diamond-turned components and opto-mechanical assemblies; thin-film coating services; and integrated photonic systems for laser, spectroscopy, imaging, and aerospace applications. The company serves commercial customers in defense and aerospace, laser systems, semiconductor equipment, medical imaging, industrial instrumentation, process control, metrology, and scientific research sectors, including U.S. government entities, national laboratories, and universities worldwide. Founded in 1973 and headquartered at 181 Legrand Avenue, Northvale, New Jersey, Inrad Optics operates as a vertically integrated manufacturer with in-house capabilities for crystal growth, fabrication, polishing, metrology, and testing. In July 2024, Luxium Solutions, LLC, backed by SK Capital Partners and Edgewater Capital Partners, completed the acquisition of Inrad Optics for $19 million in an all-cash transaction, enhancing combined expertise in applied materials sciences, optics, and photonics to accelerate investments in large-format optics, X-ray monochromators, and advanced assemblies; this follows Luxium's acquisition of PLX Inc. in May 2024 and positions the expanded entity to deliver broader solutions across medical, security, semiconductor, aerospace, defense, and industrial markets globally.

Company News

APIChatGPT
  • Luxium Solutions, LLC Completes Acquisition of Inrad Optics

  • INRAD OPTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inrad Optics, Inc. - INRD

  • INRAD OPTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inrad Optics, Inc. - INRD

  • INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Inrad Optics, Inc. - INRD