2024 Q4 Form 10-Q Financial Statement

#000118518524001209 Filed on December 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2023 Q4
Revenue $15.82M $13.58M
YoY Change 16.54% 51.69%
Cost Of Revenue $8.201M $9.245M
YoY Change -11.29% 7.51%
Gross Profit $7.619M $4.330M
YoY Change 75.96% 1137.14%
Gross Profit Margin 48.16% 31.9%
Selling, General & Admin $3.388M $2.552M
YoY Change 32.76% 25.47%
% of Gross Profit 44.47% 58.94%
Research & Development $1.613M $840.0K
YoY Change 92.02% 40.23%
% of Gross Profit 21.17% 19.4%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.001M $3.392M
YoY Change 47.44% 28.83%
Operating Profit $2.618M $938.0K
YoY Change 179.1% -141.09%
Interest Expense $27.00K $29.00K
YoY Change -6.9% 61.11%
% of Operating Profit 1.03% 3.09%
Other Income/Expense, Net -$1.000K $0.00
YoY Change
Pretax Income $2.793M $803.0K
YoY Change 247.82% -134.72%
Income Tax $139.0K $6.000K
% Of Pretax Income 4.98% 0.75%
Net Earnings $2.654M $797.0K
YoY Change 233.0% -134.44%
Net Earnings / Revenue 16.78% 5.87%
Basic Earnings Per Share $0.28 $0.08
Diluted Earnings Per Share $0.28 $0.08
COMMON SHARES
Basic Shares Outstanding 9.585M shares 9.399M shares
Diluted Shares Outstanding 9.585M shares 9.399M shares

Balance Sheet

Concept 2024 Q4 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.708M
YoY Change -55.87%
Cash & Equivalents $9.698M $8.708M
Short-Term Investments
Other Short-Term Assets $1.669M
YoY Change 27.4%
Inventory $25.48M $23.07M
Prepaid Expenses
Receivables $4.088M $3.781M
Other Receivables $0.00
Total Short-Term Assets $52.95M $49.70M
YoY Change 6.53% -10.04%
LONG-TERM ASSETS
Property, Plant & Equipment $6.274M $6.436M
YoY Change -2.52% -21.01%
Goodwill $617.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $875.0K $876.0K
YoY Change -0.11% -2.56%
Total Long-Term Assets $24.83M $25.03M
YoY Change -0.8% -10.07%
TOTAL ASSETS
Total Short-Term Assets $52.95M $49.70M
Total Long-Term Assets $24.83M $25.03M
Total Assets $77.78M $74.73M
YoY Change 4.08% -10.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.245M
YoY Change -14.78%
Accrued Expenses $3.975M $4.049M
YoY Change -1.83% 21.26%
Deferred Revenue $22.66M $16.44M
YoY Change 37.87% -3.19%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $29.51M $24.98M
YoY Change 18.14% -7.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $131.0K
YoY Change 5.65%
Total Long-Term Liabilities $131.0K
YoY Change 5.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.51M $24.98M
Total Long-Term Liabilities $131.0K
Total Liabilities $41.58M $38.47M
YoY Change 8.08% -8.7%
SHAREHOLDERS EQUITY
Retained Earnings -$14.94M -$22.78M
YoY Change -34.41% -10.84%
Common Stock $9.617M $9.405M
YoY Change 2.25% 0.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $165.0K $3.000K
YoY Change 5400.0% -50.0%
Treasury Stock Shares
Shareholders Equity $36.19M $36.26M
YoY Change
Total Liabilities & Shareholders Equity $77.78M $74.73M
YoY Change 4.08% -10.05%

Cashflow Statement

Concept 2024 Q4 2023 Q4
OPERATING ACTIVITIES
Net Income $2.654M $797.0K
YoY Change 233.0% -134.44%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$181.0K
YoY Change -105.82%
INVESTING ACTIVITIES
Capital Expenditures $170.0K
YoY Change -164.39%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$170.0K
YoY Change -27.35%
FINANCING ACTIVITIES
Cash Dividend Paid $9.567M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -181.0K
Cash From Investing Activities -170.0K
Cash From Financing Activities 0.000
Net Change In Cash -351.0K
YoY Change -112.21%
FREE CASH FLOW
Cash From Operating Activities -$181.0K
Capital Expenditures $170.0K
Free Cash Flow -$351.0K
YoY Change -110.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
CY2024Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-10-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-8061
dei Entity Registrant Name
EntityRegistrantName
FREQUENCY ELECTRONICS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
11-1986657
dei Entity Address Address Line1
EntityAddressAddressLine1
55 CHARLES LINDBERGH BLVD.
dei Entity Address City Or Town
EntityAddressCityOrTown
MITCHEL FIELD
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
11553
dei City Area Code
CityAreaCode
516
dei Local Phone Number
LocalPhoneNumber
794-4500
dei Security12b Title
Security12bTitle
Common Stock (par value $1.00 per share)
dei Trading Symbol
TradingSymbol
FEIM
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9611441 shares
CY2024Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9698000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18320000 usd
CY2024Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
110000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
110000 usd
CY2024Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4088000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4614000 usd
CY2024Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
12092000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10523000 usd
CY2024Q4 us-gaap Inventory Net
InventoryNet
25480000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
23431000 usd
CY2024Q4 us-gaap Prepaid Taxes
PrepaidTaxes
12000 usd
CY2024Q2 us-gaap Prepaid Taxes
PrepaidTaxes
37000 usd
CY2024Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1578000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1196000 usd
CY2024Q4 us-gaap Assets Current
AssetsCurrent
52948000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
58121000 usd
CY2024Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6274000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6438000 usd
CY2024Q4 us-gaap Goodwill
Goodwill
617000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
617000 usd
CY2024Q4 feim Cash Surrender Value Of Life Insurance And Cash Held In Trust
CashSurrenderValueOfLifeInsuranceAndCashHeldInTrust
10443000 usd
CY2024Q2 feim Cash Surrender Value Of Life Insurance And Cash Held In Trust
CashSurrenderValueOfLifeInsuranceAndCashHeldInTrust
10221000 usd
CY2024Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5276000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6036000 usd
CY2024Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1342000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
945000 usd
CY2024Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
875000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
875000 usd
CY2024Q4 us-gaap Assets
Assets
77775000 usd
CY2024Q2 us-gaap Assets
Assets
83253000 usd
CY2024Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1330000 usd
CY2024Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2348000 usd
CY2024Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3975000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4765000 usd
CY2024Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
244000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
404000 usd
CY2024Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2024Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2024Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1301000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1640000 usd
CY2024Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
22659000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21639000 usd
CY2024Q4 us-gaap Liabilities Current
LiabilitiesCurrent
29509000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
30796000 usd
CY2024Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
8011000 usd
CY2024Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
8088000 usd
CY2024Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
19000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
8000 usd
CY2024Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4044000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4545000 usd
CY2024Q4 us-gaap Liabilities
Liabilities
41583000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
43437000 usd
CY2024Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2024Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
600000 shares
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
600000 shares
CY2024Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2024Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2024Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000 shares
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000 shares
CY2024Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9621000 shares
CY2024Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9604000 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9512000 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9511000 shares
CY2024Q4 us-gaap Common Stock Value
CommonStockValue
9617000 usd
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
9512000 usd
CY2024Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
41683000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
50334000 usd
CY2024Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-14943000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20027000 usd
CY2024Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
13000 shares
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1000 shares
CY2024Q4 us-gaap Treasury Stock Value
TreasuryStockValue
165000 usd
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3000 usd
CY2024Q4 us-gaap Stockholders Equity
StockholdersEquity
36192000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
39816000 usd
CY2024Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
77775000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
83253000 usd
CY2024Q4 us-gaap Revenues
Revenues
15820000 usd
CY2023Q4 us-gaap Revenues
Revenues
13575000 usd
us-gaap Revenues
Revenues
30898000 usd
us-gaap Revenues
Revenues
25984000 usd
CY2024Q4 us-gaap Cost Of Revenue
CostOfRevenue
8201000 usd
CY2023Q4 us-gaap Cost Of Revenue
CostOfRevenue
9245000 usd
us-gaap Cost Of Revenue
CostOfRevenue
16580000 usd
us-gaap Cost Of Revenue
CostOfRevenue
16786000 usd
CY2024Q4 us-gaap Gross Profit
GrossProfit
7619000 usd
CY2023Q4 us-gaap Gross Profit
GrossProfit
4330000 usd
us-gaap Gross Profit
GrossProfit
14318000 usd
us-gaap Gross Profit
GrossProfit
9198000 usd
CY2024Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3388000 usd
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2552000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6234000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4853000 usd
CY2024Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1613000 usd
CY2023Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
840000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3101000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1347000 usd
CY2024Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2618000 usd
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
938000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
4983000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
2998000 usd
CY2024Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
203000 usd
CY2023Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-106000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
427000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-86000 usd
CY2024Q4 us-gaap Interest Expense
InterestExpense
27000 usd
CY2023Q4 us-gaap Interest Expense
InterestExpense
29000 usd
us-gaap Interest Expense
InterestExpense
53000 usd
us-gaap Interest Expense
InterestExpense
60000 usd
CY2024Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000 usd
CY2023Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
CY2024Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2793000 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
803000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5356000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2852000 usd
CY2024Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
139000 usd
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
272000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000 usd
CY2024Q4 us-gaap Net Income Loss
NetIncomeLoss
2654000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
797000 usd
us-gaap Net Income Loss
NetIncomeLoss
5084000 usd
us-gaap Net Income Loss
NetIncomeLoss
2839000 usd
CY2024Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2024Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.3
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.3
CY2024Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9585000 shares
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9585000 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9399000 shares
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9399000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9562000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9562000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9392000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9392000 shares
us-gaap Net Income Loss
NetIncomeLoss
5084000 usd
us-gaap Net Income Loss
NetIncomeLoss
2839000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2534000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2191000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
5266000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
8011000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2352000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2981000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
848000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
360000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-848000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-360000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
9567000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
162000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9729000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8225000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3341000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19265000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12049000 usd
CY2024Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11040000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8708000 usd
us-gaap Interest Paid
InterestPaid
53000 usd
us-gaap Interest Paid
InterestPaid
60000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
45000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
9000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
39816000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
241000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
344000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-62000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
-9567000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
2430000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
33202000 usd
CY2024Q4 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
212000 usd
CY2024Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
224000 usd
CY2024Q4 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-100000 usd
CY2024Q4 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
9567000 usd
CY2024Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
9567000 usd
CY2024Q4 us-gaap Net Income Loss
NetIncomeLoss
2654000 usd
CY2024Q4 us-gaap Stockholders Equity
StockholdersEquity
36192000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
32886000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
113000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
128000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
2042000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
35169000 usd
CY2023Q4 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
88000 usd
CY2023Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
202000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
797000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
36256000 usd
CY2024Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9585357 shares
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9399052 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9561848 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9391714 shares
CY2024Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9585357 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9399052 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9561848 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9391714 shares
CY2024Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
76000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
76000 shares
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
97000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
97000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1
us-gaap Payments Of Dividends
PaymentsOfDividends
9600000 usd
CY2024Q4 us-gaap Loss On Contracts
LossOnContracts
200000 usd
us-gaap Loss On Contracts
LossOnContracts
200000 usd
CY2024Q4 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
300000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
300000 usd
CY2023Q4 us-gaap Loss On Contracts
LossOnContracts
1400000 usd
us-gaap Loss On Contracts
LossOnContracts
1500000 usd
CY2024Q4 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
17577 shares
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
44034 shares
CY2023Q4 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
12885 shares
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
29898 shares
CY2024Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
140000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
283000 usd
CY2024Q4 us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
179000 usd
us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
358000 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
109000 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
217000 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
175000 usd
us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
361000 usd
CY2024Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
15515000 usd
CY2024Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
14939000 usd
CY2024Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
9431000 usd
CY2024Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
8035000 usd
CY2024Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
534000 usd
CY2024Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
457000 usd
CY2024Q4 us-gaap Inventory Net
InventoryNet
25480000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
23431000 usd
CY2024Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5276000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6036000 usd
CY2024Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1301000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1640000 usd
CY2024Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4044000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4545000 usd
CY2024Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5345000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6185000 usd
CY2024Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
0.5 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
900000 usd
CY2023Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
500000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
900000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
662000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1362000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
964000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1262000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1389000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
587000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6226000 usd
CY2024Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
881000 usd
CY2024Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5345000 usd
CY2024Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1301000 usd
CY2024Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4044000 usd
CY2024Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M7D
CY2024Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0638 pure
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0628 pure
CY2024Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure
CY2024Q4 feim Number Of Principal Markets
NumberOfPrincipalMarkets
3 pure
CY2024Q4 us-gaap Revenues
Revenues
15820000 usd
CY2023Q4 us-gaap Revenues
Revenues
13575000 usd
us-gaap Revenues
Revenues
30898000 usd
us-gaap Revenues
Revenues
25984000 usd
CY2024Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2618000 usd
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
938000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
4983000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
2998000 usd
CY2024Q4 us-gaap Assets
Assets
77775000 usd
CY2024Q2 us-gaap Assets
Assets
83253000 usd
CY2024Q4 us-gaap Revenues
Revenues
15800000 usd
us-gaap Revenues
Revenues
30900000 usd
CY2023Q4 us-gaap Revenues
Revenues
13600000 usd
us-gaap Revenues
Revenues
26000000 usd
CY2024Q4 us-gaap Revenues
Revenues
15820000 usd
CY2023Q4 us-gaap Revenues
Revenues
13575000 usd
us-gaap Revenues
Revenues
30898000 usd
us-gaap Revenues
Revenues
25984000 usd
CY2024Q4 us-gaap Revenues
Revenues
15820000 usd
CY2023Q4 us-gaap Revenues
Revenues
13575000 usd
us-gaap Revenues
Revenues
30898000 usd
us-gaap Revenues
Revenues
25984000 usd
CY2024Q4 us-gaap Investments
Investments
0 usd
CY2024Q2 us-gaap Investments
Investments
0 usd
CY2024Q4 us-gaap Restricted Cash
RestrictedCash
1300000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
945000 usd
CY2024Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9698000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18320000 usd
CY2024Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1342000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
945000 usd
CY2024Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11040000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19265000 usd
CY2024Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--04-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2025
dei Entity Central Index Key
EntityCentralIndexKey
0000039020

Files In Submission

Name View Source Status
0001185185-24-001209-index-headers.html Edgar Link pending
0001185185-24-001209-index.html Edgar Link pending
0001185185-24-001209.txt Edgar Link pending
0001185185-24-001209-xbrl.zip Edgar Link pending
ex_756296.htm Edgar Link pending
ex_756297.htm Edgar Link pending
ex_756298.htm Edgar Link pending
feim-20241031.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
freqelec20241031_10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
freqelec20241031_10q_htm.xml Edgar Link completed
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
feim-20241031_pre.xml Edgar Link unprocessable
feim-20241031_lab.xml Edgar Link unprocessable
feim-20241031_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
feim-20241031_cal.xml Edgar Link unprocessable