Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
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Jan 16, 2024 (filed on Jan 22, 2024)Insider Name:Strandlund Norman E.Ownership Type:Direct OwnershipSecurities:Employee Stock Option (Right to Buy)Nature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:5,000Price:--
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Jan 12, 2024 (filed on Jan 22, 2024)Insider Name:Foote William JOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:10,000Price:--
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Dec 21, 2023 (filed on Jan 22, 2024)Insider Name:Eskilson AmyOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:20,000Price:--
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Nov 28, 2023 (filed on Jan 22, 2024)Insider Name:LaValle Luke P JROwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,000Price:--
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Nov 28, 2023 (filed on Jan 22, 2024)Insider Name:Winston Jan MOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,000Price:--
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Feb 03, 2023 (filed on Jan 22, 2024)Insider Name:Strandlund Norman E.Ownership Type:Direct OwnershipSecurities:Employee Stock Option (Right to Buy)Nature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:5,000Price:--
Filings by filing date
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Jan 16, 2024 (filed on Jan 22, 2024)Insider Name:Strandlund Norman E.Ownership Type:Direct OwnershipSecurities:Employee Stock Option (Right to Buy)Nature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:5,000Price:--
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Feb 03, 2023 (filed on Jan 22, 2024)Insider Name:Strandlund Norman E.Ownership Type:Direct OwnershipSecurities:Employee Stock Option (Right to Buy)Nature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:5,000Price:--
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Dec 21, 2023 (filed on Jan 22, 2024)Insider Name:Eskilson AmyOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:20,000Price:--
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Jan 12, 2024 (filed on Jan 22, 2024)Insider Name:Foote William JOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:X - in- or at-the-money exercise# or value acquired/disposed of:10,000Price:--
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Nov 28, 2023 (filed on Jan 22, 2024)Insider Name:LaValle Luke P JROwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,000Price:--
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Nov 28, 2023 (filed on Jan 22, 2024)Insider Name:Winston Jan MOwnership Type:Direct OwnershipSecurities:Stock OptionNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,000Price:--
News
Biz Brief
Sector: Industrials | Industry: Electrical Components & Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 181 Legrand Ave NORTHVALE NJ 07647-2404 |
Tel: | N/A |
Website: | https://www.inradoptics.com |
IR: | See website |
Key People | ||
Amy Eskilson President, Chief Executive Officer, Director | Theresa A. Balog Chief Financial Officer, Treasurer, Corporate Secretary | George Murray Vice President of Sales and Marketing |
Business Overview |
Inrad Optics, Inc. develops, manufactures, and markets products and services for use in photonics enabled industry sectors. The Company is a vertically integrated manufacturer specializing in glass, crystal, and metal-based optical components, and sub-assemblies. As original equipment manufacturers (OEM) demand waned for such crystals, the Company transitioned to a vertically integrated photonics manufacturer focused in three main categories: Ultraviolet (UV) to Infrared Optical Components (IR), X-ray Imaging Optics, and Metal Substrate Optics. The Company offers thin-film coating services, opto-mechanical design for manufacturability, and complex assembly services as part of its deliverables, and supports prototyping through production requirements across all three product areas. Its customers include corporations in the semiconductor equipment, process control and metrology, defense, aerospace, laser systems sectors, United States Government, and National Laboratories. |
Financial Overview |
For the fiscal year ended 31 December 2023, Inrad Optics Inc revenues increased 21% to $12.9M. Net income increased from $153K to $2.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest Exp-Net of Capitalized Intere decrease of 13% to $145K (expense), Advertising decrease of 36% to $16K (expense). |
Employees: | 61 as of Mar 28, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $15.09M as of Dec 31, 2023 |
Annual revenue (TTM): | $12.91M as of Dec 31, 2023 |
EBITDA (TTM): | $2.12M as of Dec 31, 2023 |
Net annual income (TTM): | $2.67M as of Dec 31, 2023 |
Free cash flow (TTM): | $1.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 14,250,975 as of Mar 28, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |