NVE(NVEC)

Search documents
NVE(NVEC) - 2022 Q2 - Quarterly Report
2021-10-20 20:13
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 September 30, 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 ...
NVE(NVEC) - 2022 Q1 - Earnings Call Transcript
2021-07-22 01:40
NVE Corporation (NASDAQ:NVEC) Q1 2022 Earnings Conference Call July 21, 2021 5:00 PM ET Company Participants Daniel Baker ??? President and Chief Executive Officer Curt Reynders ??? Chief Financial Officer Conference Call Participants Jeff Bernstein ??? Cowen Operator Thank you for standing by and welcome to the NVE Corporation???s First Quarter of 2022 Fiscal Year Results. At this time, all participants are in listen-only mode. After the speakers??? presentation, there will be a question-and-answer session ...
NVE(NVEC) - 2022 Q1 - Quarterly Report
2021-07-21 20:16
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 June 30, 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 or ot ...
NVE(NVEC) - 2021 Q4 - Earnings Call Transcript
2021-05-09 05:44
NVE Corp (NASDAQ:NVEC) Q4 2021 Earnings Conference Call May 5, 2021 5:00 PM ET Company Participants Daniel Baker - CEO, President & Director Curt Reynders - CFO, Treasurer & Secretary Conference Call Participants Jeffrey Bernstein - Cowen Daniel Baker Good afternoon and welcome to our conference call for the quarter and fiscal year ended March 31, 2021. This is Dan Baker, President and CEO of NVE Corporation. As always, I'm joined by Curt Reynders, our Chief Financial Officer. This call is being webcast liv ...
NVE(NVEC) - 2021 Q4 - Annual Report
2021-05-05 20:21
Financial Performance - Total revenue for fiscal 2021 decreased by 16% compared to fiscal 2020, primarily due to a 16% decrease in product sales and an 18% decrease in contract research and development revenue [99]. - Net income for fiscal 2021 was 54.7% of total revenue, down from 57.2% in fiscal 2020, reflecting a 19.5% decrease year-over-year [101]. - The impact of the COVID-19 pandemic significantly affected total revenue and net income for fiscal 2021, particularly in the medical devices sector [102]. Cash Flow and Liquidity - Cash and cash equivalents increased to $10,427,340 as of March 31, 2021, up from $8,065,594 as of March 31, 2020, driven by $13,364,832 in net cash provided by operating activities [103]. - Net cash provided by operating activities was $13,364,832 for fiscal 2021, compared to $15,895,773 for fiscal 2020, indicating a decrease in cash flow from operations [104]. - The company plans to pay a cash dividend of $1.00 per share, totaling $4,833,232, to be paid on May 31, 2021, subject to Board approval [109]. Expenses and Taxation - Research and development expenses decreased by 14% in fiscal 2021, attributed to the completion of certain new-product development projects [100]. - The effective tax rate for fiscal 2021 was 18% of income before taxes, compared to 16% for fiscal 2020, reflecting changes in tax benefits [101]. Accounts Receivable and Deferred Tax Assets - Accounts receivable decreased by $729,737, primarily due to the timing of sales to and payments from customers [105]. - The company had $73,538 in net deferred tax assets as of March 31, 2021, down from $108,119 as of March 31, 2020 [97].
NVE(NVEC) - 2021 Q3 - Earnings Call Transcript
2021-01-21 02:29
NVE Corporation (NASDAQ:NVEC) Q3 2021 Earnings Conference Call January 20, 2021 5:00 PM ET Company Participants Daniel Baker - President and Chief Executive Officer Curt Reynders - Chief Financial Officer Conference Call Participants Jeff Bernstein - Cowen Operator Ladies and gentlemen, thank you for standing by, and welcome to the NVE Conference Call on Third Quarter Results. At this time, all participants are in a listen-only mode. After the speakers??? presentation, there will be a question-and-answer se ...
NVE(NVEC) - 2021 Q3 - Quarterly Report
2021-01-20 21:15
FORM 10-Q 10-Q 1 NVE_Q3_FY2021_10Q.htm QUARTERLY REPORT FOR THE PERIOD ENDED DEC. 31, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 11409 Valley View Road, Eden Prairie, Minnesota 55344 (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 (Address of principal executive offices) (Z ...
NVE(NVEC) - 2021 Q2 - Earnings Call Transcript
2020-10-22 01:23
NVE Corporation (NASDAQ:NVEC) Q2 2021 Earnings Conference Call October 21, 2020 5:00 PM ET Company Participants Daniel Baker ??? President and Chief Executive Officer Curt Reynders ??? Chief Financial Officer Conference Call Participants Jeff Bernstein ??? Cowen Operator Ladies and gentlemen, thank you for standing by, 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-and-answer ...
NVE(NVEC) - 2021 Q2 - Quarterly Report
2020-10-21 20:22
10-Q 1 NVE_Q2_FY2021_10Q.htm QUARTERLY REPORT FOR THE PERIOD ENDED SEPT. 30, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 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 ...
NVE(NVEC) - 2021 Q1 - Earnings Call Transcript
2020-07-23 01:47
NVE Corporation (NASDAQ:NVEC) Q1 2021 Earnings Conference Call July 22, 2020 5:00 PM ET Company Participants Daniel Baker ??? President and Chief Executive Officer Curt Reynders ??? Chief Financial Officer Conference Call Participants Thomas Cochran ??? Lake Road Partners Jeff Bernstein ??? Cowen Operator Good afternoon. My name is Jerome, and I will be your conference operator today. At this time, I would like to welcome everyone to the NVE Conference Call on First Quarter Results. All lines have been plac ...