Solitron Devices INC 10-K annual reports

Solitron Devices, Inc. reported a 21% increase in net sales to $16.97 million for fiscal year 2026, driven by strong backlog growth despite ongoing internal control challenges.

Solitron Devices, Inc. announced a 10% increase in net sales and a 62% surge in backlog for fiscal year 2025, primarily driven by the acquisition of Micro Engineering Inc., though net income decreased significantly due to non-recurring gains in the prior fiscal year and identified material weaknesses in internal controls.

Solitron Devices experienced a significant increase in revenue and net income in fiscal year 2024, driven by the acquisition of Micro Engineering Inc. and a return to normal production levels.