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Financial Snapshot

Revenue
TTM
$12.99M
Gross Margin
TTM
39.4%
Net Income
TTM
$3.555M
Current Assets
2024 Q1
Current Liabilities
2024 Q1
Current Ratio
2024 Q1
170.99%
Total Assets
2024 Q1
Total Liabilities
2024 Q1
Book Value
2024 Q1
7.560M
Cash
2024 Q1
P/E
TTM
5.142
Free Cash Flow
TTM
$556.6K

Stock Price

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Market Cap: $18.28 Million

About Inrad Optics, Inc.

Inrad Optics, Inc. engages in the development, manufacture, and marketing of products and services for use in photonics industry sectors. The company is headquartered in Northvale, New Jersey and currently employs 61 full-time employees. The firm 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 firm 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.

Industry: Electronic Components, NEC Peers: Amphenol Corp Amplitech Group Inc Cavitation Technologies Inc CPS Technologies Corp DYNASIL CORP OF AMERICA FLEXPOINT SENSOR SYSTEMS INC IEH Corp LGL Group Inc MICROPAC INDUSTRIES INC

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