UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-12196 NVE CORPORATION (E ...

NVE Corporation (NASDAQ:NVEC) Q2 2023 Earnings Conference Call October 19, 2022 5:00 PM ET Company Participants Dan Baker - President and Chief Executive Officer Joe Schmitz - Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Cowen Irwin Silverberg - Cowen Stanley Kesselman - Maxim Group Operator Good day, and welcome to the NVE Conference Call on Second Quarter Results. At this time, all participants are in a listen-only mode. After the speaker presentation there will be a question-a ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-12196 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 NVE CORPORATION (Exact name of registrant as specified in its charter) Minnesota 41-1424202 (State ...

NVE Corporation (NASDAQ:NVEC) Q1 2023 Earnings Conference Call July 20, 2022 5:00 PM ET Company Participants Sue Miller - Senior Accountant Daniel Baker - President and Chief Executive Officer Joseph Schmitz - Chief Financial Officer Conference Call Participants Jeff Bernstein - Cowen Alex Woodward - Bridge City Capital Daniel Baker Thank you and good afternoon. Welcome to our conference call for the quarter ended June 30, 2022. My name is Dan Baker, I'm the President and CEO of NVE Corporation. This call i ...

Revenue and Profitability - Total revenue for the quarter ended June 30, 2022, increased by 3% compared to the same quarter in 2021, driven by a 2% increase in product sales and a 32% increase in contract research and development revenue[53]. - Gross profit margin improved to 77% for the first quarter of fiscal 2023, up from 75% in the prior year, primarily due to increased prices[54]. - Net income for the first quarter of fiscal 2023 increased by 16% compared to the prior-year quarter, attributed to higher revenue, improved gross profit margin, and reduced expenses[56]. Expenses and Cost Management - Total expenses decreased by 24% year-over-year, with research and development expenses down by 26% and selling, general, and administrative expenses down by 20%[55]. Cash Flow and Investments - Cash and cash equivalents rose to $13,299,264 as of June 30, 2022, an increase of $2,849,754 from March 31, 2022, due to net cash provided by operating and investing activities[59]. - Net cash provided by operating activities was $3,331,143 for the first quarter of fiscal 2023, slightly up from $3,300,394 in the same quarter of the previous year[60]. - Cash provided by investing activities included $9,250,000 from maturities of marketable securities, with expectations for significantly more fixed asset purchases in fiscal 2023[63]. - Cash dividends paid to shareholders amounted to $4,830,826 in the first quarter of fiscal 2023, with a declared cash dividend of $1.00 per share to be paid on August 31, 2022[64]. Operational Challenges - The company experienced supply chain disruptions related to the COVID-19 pandemic, which negatively impacted revenues and costs during the quarter[57]. - Accounts receivable decreased by $1,191,613 during the first quarter of fiscal 2023, primarily due to the timing of sales and payments from customers[60].

NVE Corporation (NASDAQ:NVEC) Q4 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Daniel A. Baker ??? President and Chief Executive Officer Joseph R. Schmitz ??? Chief Financial Officer Conference Call Participants Jeffrey Bernstein ??? Cowen Inc. Thomas Cochran ??? Lake Road Partners Operator Good afternoon and welcome to our conference call for the quarter and fiscal year ended March 31, 2022. I'm Sue Miller, Senior Accountant at NVE. This call is being webcast live and being reco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to____________________ Commission file number 000-12196 NVE CORPORATION (Exact name of registrant as specified in its charter) Min ...

NVE Corporation (NASDAQ:NVEC) Q3 2022 Earnings Conference Call January 19, 2022 5:00 PM ET Company Participants Daniel Baker - President and Chief Executive Officer Joseph Schmitz - Chief Financial Officer Peter Eames - Vice President of Advanced Technology Conference Call Participants Jeff Bernstein - Cowen Alex Woodward - Bridge City Capital Operator 00:07 Thank you for standing by, and welcome to the NVE Corporation Third Quarter Results Conference Call. At this time, all participants are in a listen-onl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-12196 NVE CORPORATION (Exact name of registrant as specified in its charter) Minnesota 41-1424202 (State o ...

NVE Corporation (NASDAQ:NVEC) Q2 2022 Earnings Conference Call October 20, 2021 5:00 PM ET Company Participants Daniel Baker - President and Chief Executive Officer Jon Larson - Corporate Controller and Principal Financial Officer Conference Call Participants Jeff Bernstein - Cowen Operator Ladies and gentlemen, thank you for standing by and welcome to the NVE Conference Call Second Quarter Results. [Operator Instructions] As a reminder, today's conference call is being recorded. I would now like to turn th ...