Current Report · Items 2.02, 9.01 · 8-K

Tel-Instrument Electronics Corp.

TIKKOTCEQUITYCurrent

Results of Operations and Financial Condition

Filed Feb 14, 2025Accepted Feb 14, 2025, 11:46 AM ESTCIK 96885Accession 0001185185-25-000140

Company context

Tel-Instrument is a leading designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government/military aerospace and defense markets. Tel-Instrument provides instruments to test, measure, calibrate, and repair a wide range of airborne navigation and communication equipment. For further information please visit our website at www.telinstrument.com.

Current securities

TIKKOTC · EQUITY · Current

Recent company filings

Disclosure sections

Items 2.02, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 2.02Item 2.02 - Results of Operations

Item 2.02. Results of Operations and Financial Condition. On February 13, 2025, Tel-Instrument Electronics Corp. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended December 31, 2024. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information furnished under this Item 2.02 and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Filed exhibits (1)

EX-99.1 (by filename) tikkex99-1.htm

EX-99.1 2 tikkex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Tel-Instrument Electronics Corp. Reports Financial Results For Third Quarter FY 2025 East Rutherford, NJ - February 13, 2025 - Tel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net loss of $456K ($0.17) per basic and per diluted share, on revenues of $2.97 million for the third quarter of 2025 fiscal year, ended December 31, 2024. Notes On Third Quarter: Revenues for the third quarter were $2.97 million, as compared to $2.4 million in the year-ago quarter. Nine-month revenues of $7.6 million versus $6.8 million in the year-ago period. The gross margin percentage decreased to 21% versus 40% the year-ago period primarily attributable to higher CRAFT component costs and accounting adjustments to reflect excess labor hours on the CRAFT ECP program. Operating expenses increased by $488K or 68% versus the year ago level as a result of SDR-OMNI sales headcount additions and well as the CRAFT engineering funding being fully utilized and not available to offset employee costs…

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