$NVEC
NVE CORP /NEW/

2024 Q1 Form 10-Q Financial Statement

#000137647424000040 Filed on January 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $7.083M $6.756M
YoY Change -44.65% -8.72%
Cost Of Revenue $1.738M $1.355M
YoY Change -31.29% -8.34%
Gross Profit $5.345M $5.401M
YoY Change -47.94% -8.81%
Gross Profit Margin 75.46% 79.94%
Selling, General & Admin $473.6K $389.3K
YoY Change -37.08% -3.5%
% of Gross Profit 8.86% 7.21%
Research & Development $811.3K $540.9K
YoY Change 32.68% -22.8%
% of Gross Profit 15.18% 10.01%
Depreciation & Amortization $152.1K $46.07K
YoY Change 117.79% 59.25%
% of Gross Profit 2.85% 0.85%
Operating Expenses $1.285M $930.2K
YoY Change -5.81% -15.75%
Operating Profit $4.060M $4.471M
YoY Change -54.4% -7.23%
Interest Expense $508.4K $491.7K
YoY Change 24.58% 21.07%
% of Operating Profit 12.52% 11.0%
Other Income/Expense, Net
YoY Change
Pretax Income $4.569M $4.963M
YoY Change -50.94% -5.03%
Income Tax $755.7K $778.2K
% Of Pretax Income 16.54% 15.68%
Net Earnings $3.813M $4.184M
YoY Change -53.68% -1.11%
Net Earnings / Revenue 53.83% 61.93%
Basic Earnings Per Share $0.87
Diluted Earnings Per Share $0.79 $0.87
COMMON SHARES
Basic Shares Outstanding 4.834M shares 4.833M shares
Diluted Shares Outstanding 4.837M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.20M $19.02M
YoY Change 29.21% 53.8%
Cash & Equivalents $10.28M $4.685M
Short-Term Investments $11.92M $14.34M
Other Short-Term Assets $689.4K $597.3K
YoY Change 3.9% -35.37%
Inventory $7.159M $7.350M
Prepaid Expenses $689.3K $597.3K
Receivables $3.145M $2.246M
Other Receivables $0.00 $0.00
Total Short-Term Assets $33.19M $29.21M
YoY Change 7.82% 33.71%
LONG-TERM ASSETS
Property, Plant & Equipment $1.344M $1.455M
YoY Change -24.13% -21.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $30.79M $35.67M
YoY Change -14.77% -13.35%
Other Assets $1.454M $1.290M
YoY Change 154.13% 49.61%
Total Long-Term Assets $1.054M $1.130M
YoY Change -21.66% -18.89%
TOTAL ASSETS
Total Short-Term Assets $33.19M $29.21M
Total Long-Term Assets $1.054M $1.130M
Total Assets $66.78M $67.63M
YoY Change -3.57% 2.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.2K $170.7K
YoY Change -54.86% -63.75%
Accrued Expenses $729.2K $460.4K
YoY Change -46.98% -63.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.036M $809.6K
YoY Change -43.49% -56.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $175.8K $218.8K
YoY Change -48.74% -44.93%
Total Long-Term Liabilities $175.8K $218.8K
YoY Change -48.74% -44.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.036M $809.6K
Total Long-Term Liabilities $175.8K $218.8K
Total Liabilities $1.212M $1.028M
YoY Change -44.32% -54.79%
SHAREHOLDERS EQUITY
Retained Earnings $46.74M $47.76M
YoY Change -4.51% 4.87%
Common Stock $48.34K $48.33K
YoY Change 0.06% 0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $65.57M $66.60M
YoY Change
Total Liabilities & Shareholders Equity $66.78M $67.63M
YoY Change -3.57% 2.89%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $3.813M $4.184M
YoY Change -53.68% -1.11%
Depreciation, Depletion And Amortization $152.1K $46.07K
YoY Change 117.79% 59.25%
Cash From Operating Activities $3.132M $4.735M
YoY Change -27.87% -12.28%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$3.270K
YoY Change -100.0% -99.63%
Acquisitions
YoY Change
Other Investing Activities $7.300M -$2.163M
YoY Change 4017.32% 74.79%
Cash From Investing Activities $7.300M -$2.170M
YoY Change 4795.39% 2.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.834M -4.830M
YoY Change -0.37% -0.02%
NET CHANGE
Cash From Operating Activities 3.132M 4.735M
Cash From Investing Activities 7.300M -2.170M
Cash From Financing Activities -4.834M -4.830M
Net Change In Cash 5.599M -2.265M
YoY Change -1656.0% 45.77%
FREE CASH FLOW
Cash From Operating Activities $3.132M $4.735M
Capital Expenditures $0.00 -$3.270K
Free Cash Flow $3.132M $4.738M
YoY Change -27.4% -24.56%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-12196
dei Entity Registrant Name
EntityRegistrantName
NVE CORP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MN
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
41-1424202
dei Entity Address Address Line1
EntityAddressAddressLine1
1409 Valley View Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Eden Prairie
dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
55344
dei Entity Address Address Description
EntityAddressAddressDescription
Address of principal executive offices
dei City Area Code
CityAreaCode
952
dei Local Phone Number
LocalPhoneNumber
829-9217
dei Phone Fax Number Description
PhoneFaxNumberDescription
Registrant’s telephone number, including area code
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
dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
dei Trading Symbol
TradingSymbol
NVEC
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
0.01
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4833401 shares
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4684910 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1669896 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
14556450 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
15696135 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
14335619 usd
CY2023Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
15513095 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2245728 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6523344 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
7349811 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
6417010 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
597305 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
663459 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
29213373 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
30786804 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10501096 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10484365 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1956309 usd
CY2023Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1956309 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11326985 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11095236 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
1130420 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
1345438 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1290284 usd
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
572038 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
36414391 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
37495846 usd
CY2023Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
35670914 usd
CY2023Q1 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
36125047 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
324451 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
425843 usd
CY2023Q4 us-gaap Assets
Assets
67629442 usd
CY2023Q1 us-gaap Assets
Assets
69255170 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
170701 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
281712 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
460414 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1375250 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
178490 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
175798 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
809605 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1832760 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
218785 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
342908 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1028390 usd
CY2023Q1 us-gaap Liabilities
Liabilities
2175668 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4833401 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4833401 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4830826 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4830826 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
48334 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
48308 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19542335 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19295442 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-753317 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1213858 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
47763700 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
48949610 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
66601052 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
67079502 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
67629442 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
69255170 usd
CY2023Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
6366009 usd
CY2022Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
7200385 usd
CY2023Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
390251 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
201293 usd
CY2023Q4 us-gaap Revenues
Revenues
6756260 usd
CY2022Q4 us-gaap Revenues
Revenues
7401678 usd
CY2023Q4 us-gaap Cost Of Revenue
CostOfRevenue
1355067 usd
CY2022Q4 us-gaap Cost Of Revenue
CostOfRevenue
1478372 usd
CY2023Q4 us-gaap Gross Profit
GrossProfit
5401193 usd
CY2022Q4 us-gaap Gross Profit
GrossProfit
5923306 usd
CY2023Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
540895 usd
CY2022Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
700609 usd
CY2023Q4 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
389311 usd
CY2022Q4 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
403449 usd
CY2023Q4 us-gaap Operating Expenses
OperatingExpenses
930206 usd
CY2022Q4 us-gaap Operating Expenses
OperatingExpenses
1104058 usd
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4470987 usd
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4819248 usd
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
491671 usd
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
406092 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4962658 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5225340 usd
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
778236 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
994016 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
4184422 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
4231324 usd
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.87
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4833401 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4830826 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4837230 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4832368 shares
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
4184422 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
4231324 usd
CY2023Q4 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
748830 usd
CY2022Q4 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
332673 usd
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4933252 usd
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4563997 usd
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
22183223 usd
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
24787885 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
537727 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
668024 usd
us-gaap Revenues
Revenues
22720950 usd
us-gaap Revenues
Revenues
25455909 usd
us-gaap Cost Of Revenue
CostOfRevenue
5034556 usd
us-gaap Cost Of Revenue
CostOfRevenue
5533000 usd
us-gaap Gross Profit
GrossProfit
17686394 usd
us-gaap Gross Profit
GrossProfit
19922909 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1920095 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1972505 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
1298211 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
1210395 usd
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
9514 usd
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0 usd
us-gaap Operating Expenses
OperatingExpenses
3227820 usd
us-gaap Operating Expenses
OperatingExpenses
3182900 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
14458574 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
16740009 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1440289 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1040528 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15898863 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17780537 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2587145 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3318723 usd
us-gaap Net Income Loss
NetIncomeLoss
13311718 usd
us-gaap Net Income Loss
NetIncomeLoss
14461814 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.75
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.99
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.00
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4832992 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4830826 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4839725 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4831168 shares
us-gaap Net Income Loss
NetIncomeLoss
13311718 usd
us-gaap Net Income Loss
NetIncomeLoss
14461814 usd
fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
460541 usd
fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
-1133242 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13772259 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13328572 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
67079502 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
117527 usd
CY2023Q2 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
-234701 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
4403730 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4169029 usd
CY2023Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
10536 usd
CY2023Q2 us-gaap Dividends Cash
DividendsCash
4830826 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
66545768 usd
CY2023Q3 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
-53588 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4723566 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4669978 usd
CY2023Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
106312 usd
CY2023Q3 us-gaap Dividends Cash
DividendsCash
4833401 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
66488657 usd
CY2023Q4 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
748830 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
4184422 usd
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4933252 usd
CY2023Q4 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
12544 usd
CY2023Q4 us-gaap Dividends Cash
DividendsCash
4833401 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
66601052 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
64565129 usd
CY2022Q2 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
-338553 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
4140116 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3801563 usd
CY2022Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
7134 usd
CY2022Q2 us-gaap Dividends Cash
DividendsCash
4830826 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
63543000 usd
CY2022Q3 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
-1127362 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
6090373 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4963011 usd
CY2022Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
39951 usd
CY2022Q3 us-gaap Dividends Cash
DividendsCash
4830826 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
63715136 usd
CY2022Q4 fil Unrealized Loss From Marketable Securities Net Of Tax1
UnrealizedLossFromMarketableSecuritiesNetOfTax1
332673 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
4231324 usd
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4563997 usd
CY2022Q4 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
7133 usd
CY2022Q4 us-gaap Dividends Cash
DividendsCash
4830826 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
63455440 usd
us-gaap Profit Loss
ProfitLoss
13311718 usd
us-gaap Profit Loss
ProfitLoss
14461814 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
156073 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
187781 usd
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
9514 usd
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 usd
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
129392 usd
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
54218 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-847235 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-61972 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4268102 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2607555 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
932801 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1370592 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-167546 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
502423 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1147278 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-627470 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15115031 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14748911 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16731 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
907612 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
6103185 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
26618617 usd
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
8400000 usd
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
18750000 usd
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
0 usd
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
100000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2280084 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8676229 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
117527 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
14497628 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
14492478 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14380101 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14492478 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3015014 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-8419796 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1669896 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10449510 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4684910 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2029714 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3685861 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4130278 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="font:10pt Times New Roman;margin:0"><b>NOTE 1. DESCRIPTION OF BUSINESS</b></p> <p style="font:10pt Times New Roman;margin:0;text-indent:9pt">We develop and sell devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. </p>
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4833401 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4830826 shares
CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3829 shares
CY2022Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1542 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4837230 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4832368 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4832992 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4830826 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6733 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
342 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4839725 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4831168 shares
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
54265873 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
18594959 usd
CY2023Q4 fil Available For Sale Securities Debt Maturities After One Through Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
27222387 usd
CY2023Q4 fil Available For Sale Securities Debt Maturities After Three Through Six Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeThroughSixYearsFairValue
8448527 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
366452 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
425372 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
54265873 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
54265873 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
52544283 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
55230181 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7965 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
972273 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
54265873 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
54098122 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1007 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1554846 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
52544283 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1848307 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
17747 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
40715403 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
954526 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
42563710 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
972273 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
37084628 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
590967 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
13294817 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
963879 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
50379445 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1554846 usd
CY2023Q4 fil Unrealized Loss From Marketable Securities
UnrealizedLossFromMarketableSecurities
958564 usd
CY2022Q4 fil Unrealized Loss From Marketable Securities
UnrealizedLossFromMarketableSecurities
425849 usd
CY2023Q4 fil Tax Effects
TaxEffects
-209734 usd
CY2022Q4 fil Tax Effects
TaxEffects
-93176 usd
CY2023Q4 fil Unrealized Loss From Marketable Securities Net Of Tax
UnrealizedLossFromMarketableSecuritiesNetOfTax
748830 usd
CY2022Q4 fil Unrealized Loss From Marketable Securities Net Of Tax
UnrealizedLossFromMarketableSecuritiesNetOfTax
332673 usd
fil Unrealized Loss From Marketable Securities
UnrealizedLossFromMarketableSecurities
589530 usd
fil Unrealized Loss From Marketable Securities
UnrealizedLossFromMarketableSecurities
-1450643 usd
fil Tax Effects
TaxEffects
-128989 usd
fil Tax Effects
TaxEffects
317401 usd
fil Unrealized Loss From Marketable Securities Net Of Tax
UnrealizedLossFromMarketableSecuritiesNetOfTax
460541 usd
fil Unrealized Loss From Marketable Securities Net Of Tax
UnrealizedLossFromMarketableSecuritiesNetOfTax
-1133242 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15000 usd
us-gaap Provision For Other Losses
ProvisionForOtherLosses
212440 usd
us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
-202926 usd
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
9514 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2068092 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1601962 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2995391 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3781894 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2286328 usd
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1033154 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
7349811 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
6417010 usd
CY2023Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12544 usd
CY2022Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7133 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
129392 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
54218 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
Black-Scholes-Merton standard option-pricing model
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
90387 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0 usd
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
37754 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
113261 usd
CY2023Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
44433 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
133299 usd
CY2023Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P27M
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.035 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
45341 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
182271 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
184995 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
412607 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Imputed Interest
UnrecordedUnconditionalPurchaseObligationImputedInterest
15332 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
397275 usd
CY2009Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2500000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
3520369 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
1 pure
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.03 pure
CY2023Q4 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
27904 usd
CY2022Q4 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
21484 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2024 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
73661 usd
CY2024Q1 us-gaap Subsequent Events Date
SubsequentEventsDate
2024-01-17
CY2024Q1 us-gaap Subsequent Event Description
SubsequentEventDescription
we announced that our Board of Directors had declared a quarterly cash dividend
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2024Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2024-02-28
CY2024Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2024-01-29

Files In Submission

Name View Source Status
nvec-20231231_lab.xml Edgar Link unprocessable
nvec-20231231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
nvec-20231231_cal.xml Edgar Link unprocessable
0001376474-24-000040-index-headers.html Edgar Link pending
0001376474-24-000040-index.html Edgar Link pending
0001376474-24-000040.txt Edgar Link pending
0001376474-24-000040-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nve10q_1.jpg Edgar Link pending
nvec-20231231.htm Edgar Link pending
nvec-20231231.xsd Edgar Link pending
nvec-20231231_def.xml Edgar Link unprocessable
nvec-20231231_htm.xml Edgar Link completed
nve_ex31z1.htm Edgar Link pending
nve_ex31z2.htm Edgar Link pending
nve_ex32z1.htm 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
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
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.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