Company research
ULTRALIFE CORP
CIK 875657Updated Sep 29, 2026
SecurityULBI · NASDAQ · equity
Name history
ULTRALIFE BATTERIES INC · through Jun 4, 2008
ULBI price & chart
Loading TradingView…
NASDAQ:ULBI on TradingView ↗In the news
Ultralife Corporation to Report Second Quarter Results on August 7, 2026 ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Submission of Matters to a Vote of Security Holders
Items 5.07
DEFA14A filing
DEF 14A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 216,912,000Source | 220,451,000Source | 178,276,000Source | 168,430,000Source |
| Property, Plant and Equipment, NetUSD | 40,397,000Source | 40,485,000Source | 21,117,000Source | 21,716,000Source |
| GoodwillUSD | 45,376,000Source | 45,006,000Source | 37,571,000Source | 37,428,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 9,345,000Source | 6,854,000Source | 10,196,000Source | 5,634,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 33,948,000Source | 29,370,000Source | 31,761,000Source | 27,779,000Source |
| Inventory, NetUSD | 54,008,000Source | 51,363,000Source | 42,215,000Source | 41,192,000Source |
| Assets, CurrentUSD | 105,801,000Source | 97,160,000Source | 90,203,000Source | 78,988,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,500,000Source | 9,573,000Source | 5,949,000Source | 4,304,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,344,000Source | 4,153,000Source | — | — |
| Other Assets, NoncurrentUSD | 3,911,000Source | 4,830,000Source | 3,711,000Source | 2,308,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 86,778,000Source | 86,264,000Source | 52,849,000Source | 52,027,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,109,000Source | 2,107,000Source | 2,078,000Source | 2,057,000Source |
| Additional Paid in CapitalUSD | 192,859,000Source | 191,828,000Source | 189,160,000Source | 187,405,000Source |
| Retained Earnings (Accumulated Deficit)USD | -40,340,000Source | -34,442,000Source | -40,754,000Source | -47,951,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -3,141,000Source | -4,006,000Source | -3,660,000Source | -3,750,000Source |
| Stockholders' Equity Attributable to ParentUSD | 129,995,000Source | 133,995,000Source | 125,332,000Source | 116,277,000Source |
| Liabilities and EquityUSD | 216,912,000Source | 220,451,000Source | 178,276,000Source | 168,430,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 37,333,000Source | 29,291,000Source | 23,730,000Source | 28,913,000Source |
| Operating Lease, Liability, CurrentUSD | 976,000Source | 1,138,000Source | — | — |
| Accounts Payable, CurrentUSD | 17,423,000Source | 14,160,000Source | 11,336,000Source | 16,074,000Source |
| Operating Lease, Liability, NoncurrentUSD | 2,357,000Source | 2,998,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 1,000,000Source | 1,443,000Source | 1,714,000Source | 1,917,000Source |
| Other Liabilities, NoncurrentUSD | 2,919,000Source | 4,028,000Source | 3,781,000Source | 1,887,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 139,000Source | 192,000Source | 95,000Source | 126,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Current MaturitiesUSD | 4,125,000Source | 2,750,000Source | 2,000,000Source | 2,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 45,526,000Source | 51,502,000Source | 23,624,000Source | 19,310,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -5,951,000Source | 6,409,000Source | 7,166,000Source | -120,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 935,000Source | 698,000Source | 528,000Source | 776,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 4,354,000Source | -7,599,000Source | 3,890,000Source | 7,881,000Source |
| Increase (Decrease) in InventoriesUSD | 2,345,000Source | 109,000Source | 943,000Source | 8,747,000Source |
| Deferred Income Tax Expense (Benefit)USD | -2,541,000Source | 1,232,000Source | 1,301,000Source | -962,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 10,990,000Source | 16,636,000Source | 1,929,000Source | -1,263,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,872,000Source | -49,954,000Source | -2,552,000Source | -1,679,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,872,000Source | 1,932,000Source | 2,552,000Source | 1,679,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | 0Source | 8,000Source | 15,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,676,000Source | 29,860,000Source | 5,490,000Source | 518,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,491,000Source | -3,424,000Source | 4,565,000Source | -2,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 9,345,000Source | 6,854,000Source | 10,278,000Source | 5,713,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,689,000Source | 1,855,000Source | 1,961,000Source | 930,000Source |
| Income Taxes Paid, NetUSD | 147,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 49,000Source | 34,000Source | -302,000Source | -276,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 5,499,000Source | 4,157,000Source | — | — |
| Share-based Payment Arrangement, ExpenseUSD | 935,000Source | 698,000Source | 528,000Source | 776,000Source |
| Amortization of Debt Issuance CostsUSD | 265,000Source | 91,000Source | 64,000Source | 36,000Source |
| Amortization of Intangible AssetsUSD | 1,518,000Source | 1,032,000Source | 889,000Source | 1,282,000Source |
| DepreciationUSD | 3,981,000Source | 3,125,000Source | 3,022,000Source | 3,177,000Source |
| GoodwillUSD | 45,376,000Source | 45,006,000Source | 37,571,000Source | 37,428,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 12,181,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | -2,447,000Source | 1,892,000Source | 1,951,000Source | -326,000Source |
| Net Income (Loss) Attributable to ParentUSD | -5,898,000Source | 6,312,000Source | 7,197,000Source | -119,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -53,000Source | 97,000Source | -31,000Source | -1,000Source |
| Nonoperating Income (Expense)USD | -2,496,000Source | -1,664,000Source | -358,000Source | -575,000Source |
| Operating ExpensesUSD | 51,923,000Source | 32,349,000Source | 29,725,000Source | 29,271,000Source |
| Other Nonoperating Income (Expense)USD | 1,457,000Source | 276,000Source | 1,658,000Source | 376,000Source |
| Proceeds from Stock Options ExercisedUSD | 98,000Source | 1,999,000Source | 1,248,000Source | 116,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 191,159,000Source | 164,456,000Source | 158,644,000Source | 131,840,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 191,159,000Source | 164,456,000Source | 158,644,000Source | 131,840,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 29,344,000Source | 24,081,000Source | 22,194,000Source | 22,190,000Source |
| Operating Income (Loss)USD | -5,902,000Source | 9,965,000Source | 9,475,000Source | 129,000Source |
| Other Nonoperating Income (Expense)USD | 1,457,000Source | 276,000Source | 1,658,000Source | 376,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,398,000Source | 8,301,000Source | 9,117,000Source | -446,000Source |
| Income Tax Expense (Benefit)USD | -2,447,000Source | 1,892,000Source | 1,951,000Source | -326,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -53,000Source | 97,000Source | -31,000Source | -1,000Source |
| Net Income (Loss) Attributable to ParentUSD | -5,898,000Source | 6,312,000Source | 7,197,000Source | -119,000Source |
| Earnings Per Share, BasicUSD per share | -35Source | 0.38Source | 0.03Source | 0.03Source |
| Earnings Per Share, DilutedUSD per share | -35Source | 0.38Source | 0.03Source | 0.03Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 16,642,000Source | 16,555,000Source | 16,214,000Source | 16,125,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 16,642,000Source | 16,767,000Source | 16,226,000Source | 16,125,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,518,000Source | 1,032,000Source | 889,000Source | 1,282,000Source |
| Current Income Tax Expense (Benefit)USD | 94,000Source | 660,000Source | 650,000Source | 636,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 3,911,000Source | 4,459,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 46,021,000Source | 42,314,000Source | 39,200,000Source | 29,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -5,863,000Source | 7,044,000Source | 7,294,000Source | -2,771,000Source |
| Nonoperating Income (Expense)USD | -2,496,000Source | -1,664,000Source | -358,000Source | -575,000Source |
| Operating ExpensesUSD | 51,923,000Source | 32,349,000Source | 29,725,000Source | 29,271,000Source |
| Research and Development ExpenseUSD | 10,398,000Source | 8,268,000Source | 7,531,000Source | 7,081,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 191,159,000Source | 164,456,000Source | 158,644,000Source | 131,840,000Source |