ADMT on OTC
ADM TRONICS UNLIMITED, INC.
American electromedical and electrotherapeutic apparatus company1
In its 2026 annual report the company says: “The Company is a technology-based developer and manufacturer of diversified lines of products and derives revenue from the production and sale of electronics for medical devices and other applications; environmentally safe chemical products for industrial, medical and cosmetic uses; and, research, development, regulatory and engineering services. The Company is a corporation organized under the laws of the State of Delaware on November 24, 1969. The Company's operations are conducted through ADM Tronics Unlimited, Inc.”4 It is headquartered in Northvale, New Jersey.1 Its shares trade on OTC under the symbol ADMT.1
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Last updated Oct 21, 2026.
Overview
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- TickerADMT on OTC1
- IndustryElectromedical & Electrotherapeutic Apparatus1
- HeadquartersNorthvale, New Jersey1
- Incorporated inDE3
- Business address224 S Pegasus Ave, Northvale, Nj 076473
- Filer categoryNon-accelerated filer, Smaller reporting company3
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The Company is a technology-based developer and manufacturer of diversified lines of products and derives revenue from the production and sale of electronics for medical devices and other applications; environmentally safe chemical products for industrial, medical and cosmetic uses; and, research, development, regulatory and engineering services.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Electronics brought in 55% of the revenue ADM TRONICS UNLIMITED, INC. broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2025 | 2026 |
|---|---|---|
| Electronics | $1.5M | $1.8M |
| Chemical | $1.1M | $1.2M |
| Engineering | $584.2K | $349.3K |
Regions
United States brought in 84% of the revenue ADM TRONICS UNLIMITED, INC. broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| United States | $2.9M | $2.8M |
| Outside the United States | $341.0K | $537.2K |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue57¢$2.0M
- Research and development16¢$545.0K
- Selling, general and admin28¢$969.5K
- Income tax0¢$1.5K
Out of $3.3M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net revenues | $3.3M | $3.2M |
| Cost of sales | $2.0M | $1.8M |
| Gross Profit | $1.4M | $1.4M |
| Research and development | $545.0K | $517.3K |
| Selling, general and administrative | $969.5K | $972.4K |
| Total operating expenses | $1.5M | $1.5M |
| Loss from operations | -$159.1K | -$94.0K |
| Interest income | $7.8K | $12.9K |
| Interest and finance expenses | -$36.8K | -$40.2K |
| Unrealized gain (loss) from investment | $89.2K | -$250 |
| Total other income (expense) | $60.2K | -$27.5K |
| Loss before provision for taxes | -$98.9K | -$121.6K |
| Current | $1.5K | $1.5K |
| Deferred | $0 | $0 |
| Total benefit (provision) for income taxes | $1.5K | $1.5K |
| Net loss | -$100.4K | -$123.1K |
| Basic and diluted loss per common share: (in dollars per share) | $0.00 | $0.00 |
| Weighted average shares of common stock outstanding - basic and diluted (in shares) | 67.6M shares | 67.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash and cash equivalents | $255.7K | $383.0K | |
| Accounts receivable, net of credit losses of $975,597 at March 31, 2026 and March 31, 2025, respectively | $515.7K | $528.4K | |
| Inventories | $250.6K | $336.3K | |
| Prepaid expenses and other current assets | $0 | $1.8K | |
| Total current assets | $1.0M | $1.2M | |
| Long-term inventory | $169.8K | $220.4K | |
| Operating lease right-of-use asset | $222.3K | $313.2K | |
| Loan receivable, net of allowance for doubtful accounts of $240,965 at March 31, 2026 and March 31, 2025, respectively. | $89.1K | $89.1K | |
| Investments | $315.0K | $225.8K | |
| Intangible assets, net of accumulated amortization of $40,389 and $35,242 at March 31, 2026 and March 31, 2025, respectively | $8.2K | $15.1K | |
| Other assets | $0 | $14.9K | |
| Total other assets | $804.5K | $878.4K | |
| Total assets | $1.8M | $2.1M | |
| Accounts payable | $251.1K | $299.0K | |
| Bank overdraft | $133.9K | $147.5K | |
| Accrued expenses and other current liabilities | $53.7K | $29.2K | |
| PPP loan | $0 | $896 | |
| Line of credit | $379.4K | $377.2K | |
| Operating lease liability | $98.1K | $93.4K | |
| Customer deposits | $130.0K | $202.0K | |
| Total current liabilities | $1.0M | $1.1M | |
| Due to employee | $79.4K | $79.4K | |
| Operating lease liability less current portion | $129.8K | $227.9K | |
| Total long-term liabilities | $209.2K | $307.4K | |
| Total liabilities | $1.3M | $1.5M | |
| Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding | $0 | $0 | |
| Common stock, $0.0005 par value; 150,000,000 shares authorized, 67,588,492 shares issued and outstanding | $33.8K | $33.8K | |
| Additional paid-in capital | $33.6M | $33.6M | |
| Accumulated deficit | -$33.1M | -$33.0M | |
| Total stockholders' equity | $571.0K | $671.3K | $692.4K |
| Total liabilities and stockholders' equity | $1.8M | $2.1M | |
| Accounts Receivable, Allowance for Credit Loss, Current | $975.6K | $975.6K | |
| Financing Receivable, Allowance for Credit Loss, Noncurrent | $241.0K | $241.0K | |
| Intangible Asset, Finite-Lived, Accumulated Amortization | $42.1K | $35.2K | |
| Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $0.01 | $0.01 | |
| Preferred Stock, Shares Authorized (in shares) | 5.0M shares | 5.0M shares | |
| Preferred Stock, Shares Issued (in shares) | 0 shares | 0 shares | |
| Preferred Stock, Shares Outstanding, Ending Balance (in shares) | 0 shares | 0 shares | |
| Common Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Common Stock, Shares Authorized (in shares) | 150.0M shares | 150.0M shares | |
| Common Stock, Shares, Issued (in shares) | 67.6M shares | 67.6M shares | |
| Common Stock, Shares, Outstanding, Ending Balance (in shares) | 67.6M shares | 67.6M shares |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash and cash equivalents | $255.7K | $383.0K | |
| Accounts receivable, net of credit losses of $975,597 at March 31, 2026 and March 31, 2025, respectively | $515.7K | $528.4K | |
| Inventories | $250.6K | $336.3K | |
| Prepaid expenses and other current assets | $0 | $1.8K | |
| Total current assets | $1.0M | $1.2M | |
| Long-term inventory | $169.8K | $220.4K | |
| Operating lease right-of-use asset | $222.3K | $313.2K | |
| Loan receivable, net of allowance for doubtful accounts of $240,965 at March 31, 2026 and March 31, 2025, respectively. | $89.1K | $89.1K | |
| Investments | $315.0K | $225.8K | |
| Intangible assets, net of accumulated amortization of $40,389 and $35,242 at March 31, 2026 and March 31, 2025, respectively | $8.2K | $15.1K | |
| Other assets | $0 | $14.9K | |
| Total other assets | $804.5K | $878.4K | |
| Total assets | $1.8M | $2.1M | |
| Accounts payable | $251.1K | $299.0K | |
| Bank overdraft | $133.9K | $147.5K | |
| Accrued expenses and other current liabilities | $53.7K | $29.2K | |
| PPP loan | $0 | $896 | |
| Line of credit | $379.4K | $377.2K | |
| Operating lease liability | $98.1K | $93.4K | |
| Customer deposits | $130.0K | $202.0K | |
| Total current liabilities | $1.0M | $1.1M | |
| Due to employee | $79.4K | $79.4K | |
| Operating lease liability less current portion | $129.8K | $227.9K | |
| Total long-term liabilities | $209.2K | $307.4K | |
| Total liabilities | $1.3M | $1.5M | |
| Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding | $0 | $0 | |
| Common stock, $0.0005 par value; 150,000,000 shares authorized, 67,588,492 shares issued and outstanding | $33.8K | $33.8K | |
| Additional paid-in capital | $33.6M | $33.6M | |
| Accumulated deficit | -$33.1M | -$33.0M | |
| Total stockholders' equity | $571.0K | $671.3K | $692.4K |
| Total liabilities and stockholders' equity | $1.8M | $2.1M | |
| Accounts Receivable, Allowance for Credit Loss, Current | $975.6K | $975.6K | |
| Financing Receivable, Allowance for Credit Loss, Noncurrent | $241.0K | $241.0K | |
| Intangible Asset, Finite-Lived, Accumulated Amortization | $42.1K | $35.2K | |
| Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $0.01 | $0.01 | |
| Preferred Stock, Shares Authorized (in shares) | 5.0M shares | 5.0M shares | |
| Preferred Stock, Shares Issued (in shares) | 0 shares | 0 shares | |
| Preferred Stock, Shares Outstanding, Ending Balance (in shares) | 0 shares | 0 shares | |
| Common Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Common Stock, Shares Authorized (in shares) | 150.0M shares | 150.0M shares | |
| Common Stock, Shares, Issued (in shares) | 67.6M shares | 67.6M shares | |
| Common Stock, Shares, Outstanding, Ending Balance (in shares) | 67.6M shares | 67.6M shares |
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net income (loss) | -$100.4K | -$123.1K |
| Amortization | $6.8K | $7.3K |
| Write-off of inventories | $17.0K | $108.7K |
| Bad debt | $14.9K | $0 |
| Unrealized (gain) / loss in investment | -$89.2K | $74.8K |
| Non-cash interest expense | $0 | $18.0K |
| Amortization of right-to-use asset | $91.9K | $86.3K |
| Stock based compensation | $0 | $4.1K |
| Accounts receivable | $12.7K | -$183.9K |
| Inventories | $136.2K | -$125.3K |
| Prepaid expenses and other current assets | $1.8K | $17.4K |
| Other assets | $0 | $171.9K |
| Accounts payable | -$47.9K | $32.9K |
| Bank overdraft | -$13.6K | $35.1K |
| Customer deposits | -$71.9K | $1.3K |
| Accrued expenses and other current liabilities | $24.5K | -$8.9K |
| Payments of operating lease liability | -$106.9K | -$106.9K |
| Net cash provided by (used in) operating activities | -$124.1K | $10.0K |
| Investments | $0 | $225.8K |
| Net cash provided by (used in) investing activities | $0 | -$225.8K |
| Proceeds from line of credit | $27.4K | $62.2K |
| Repayments of line of credit | -$29.7K | -$74.6K |
| Due to employee | $0 | $79.4K |
| Proceeds (payments) from/to PPP loan | -$896 | -$5.4K |
| Net cash provided by (used in) financing activities | -$3.2K | $61.7K |
| Net increase (decrease) in cash and cash equivalents | -$127.2K | -$154.1K |
| Interest | $36.8K | $40.2K |
| Taxes | $1.5K | $1.5K |
No quarter-by-quarter statement was filed.
Corporate structure
ADM TRONICS UNLIMITED, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ADM TRONICS UNLIMITED, INC.
- Marc Leslie Margolin Filed SCHEDULE 13G on ADM TRONICS UNLIMITED, INC., latest Sep 11, 2024
- ADM TRONICS UNLIMITED, INC. Northvale, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ADM TRONICS UNLIMITED, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $222.3K2 Mar 31, 2026 | $313.2K2 Mar 31, 2025 | −29.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $255.7K2 Mar 31, 2026 | $383.0K2 Mar 31, 2025 | −33.2% |
| Long-term investments | $315.0K2 Mar 31, 2026 | $225.8K2 Mar 31, 2025 | +39.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $50.3K2 Mar 31, 2026 | $50.3K2 Mar 31, 2025 | 0% |
| Accumulated amortization | $42.1K2 Mar 31, 2026 | $35.2K2 Mar 31, 2025 | +19.3% |
| Finite-lived intangibles, net | $8.2K2 Mar 31, 2026 | $15.1K2 Mar 31, 2025 | −45.2% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $250.6K2 Mar 31, 2026 | $336.3K2 Mar 31, 2025 | −25.5% |
| Raw materials | $363.6K2 Mar 31, 2026 | $488.3K2 Mar 31, 2025 | −25.5% |
| Finished goods | $56.8K2 Mar 31, 2026 | $68.4K2 Mar 31, 2025 | −16.9% |
Properties, in its own words
We are headquartered at 224 Pegasus Avenue, Northvale, New Jersey. We lease approximately 16,000 square feet of combined office, manufacturing and warehouse space from an unaffiliated third party with a monthly rent of $8,906 subject to certain increases. The lease expires in June 2028.
We believe that our existing facilities are suitable as office, storage, laboratory and manufacturing space, and are adequate to meet our current needs. We further believe that such properties are adequately covered by insurance.
The rest of Item 2
We do not own any real property for use in our operations or otherwise.
Item 2 of the 10-K filed Jul 10, 2026.4
Former names
- ADM TRONICS UNLIMITED INC/DENov 14, 1995 to Jul 17, 20153
Timeline
Filings
38 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 3 major events, 1 large holders, 14 other. The latest 20:
- Aug 19, 202610-Q EDGAR
- Aug 14, 2026NT 10-Q EDGAR
- Jul 10, 202610-K EDGAR
- Jun 29, 2026NT 10-K EDGAR
- Feb 13, 202610-Q EDGAR
- Nov 14, 202510-Q EDGAR
- Aug 19, 202510-Q EDGAR
- Aug 14, 2025NT 10-Q EDGAR
- Jul 14, 202510-K EDGAR
- Jun 30, 2025NT 10-K EDGAR
- Feb 14, 202510-Q EDGAR
- Nov 14, 202410-Q EDGAR
- Sep 11, 2024SCHEDULE 13G EDGAR
- Aug 19, 202410-Q EDGAR
- Aug 14, 2024NT 10-Q EDGAR
- Jul 29, 20248-K EDGAR
- Jul 15, 202410-K EDGAR
- Jun 28, 2024NT 10-K EDGAR
- Feb 20, 202410-Q EDGAR
- Feb 15, 2024NT 10-Q EDGAR
The 38 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Marc Leslie MargolinSCHEDULE 13G, 1 filing Sep 11, 202418
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $713.5K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2021 | $332.5K | $332.5K |
| 2020 | $381.0K | $381.0K |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA19. Matched to this company by name and state.
- May 1, 2020$381.0K PPP loan (first draw) from PNC Bank, National Association19To ADM TRONICS UNLIMITED INC, Northvale NJ; $366.2K forgiven Sep 8, 2021
- Feb 19, 2021$332.5K PPP loan (second draw) from PNC Bank, National Association19To ADM TRONICS UNLIMITED INC, Northvale NJ; $335.6K forgiven Jan 21, 2022
SEC filer profile
How ADM TRONICS UNLIMITED, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARADM TRONICS UNLIMITED, INC.1
- CIK0000849401
- Employer ID (EIN)22-18960324
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsMarch 311
- Industry code (SIC)3845 Electromedical & Electrotherapeutic Apparatus1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address224 S Pegasus Ave, Northvale, NJ 076471
- Phone20176760401
- Shares outstanding67,588,492 as of Aug 19, 202614
- Public float$6.8M as of Sep 30, 20254
- AuditorJVA Accountants & Advisors, LLC, Palm Beach Gardens, Florida 33418 PCAOB ID 5288; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceNov 14, 19951
- Filings291 in all: 10-Q (56), NT 10-Q (46), 10QSB (37), 8-K (31), NT 10-K (24), 10QSB/A (21), 10-K (18), 10KSB (13)1
All 29 form types
10KSB/A (6), 8-K/A (6), S-3/A (4), S-8 (4), SC 13G/A (4), UPLOAD (3), CORRESP (2), PRES14A (2), SC 13G (2), 10-K/A (1), 10-Q/A (1), 3 (1), 424B3 (1), D (1), DEF 14A (1), DEFS14A (1), POS AM (1), REGDEX (1), S-3 (1), SC 13D (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Jul 10, 2026
Quarterly report (10-Q) Aug 19, 2026
Proxy statement (DEF 14A) Nov 23, 1998
Latest 8-K (8-K) Jul 29, 2024
Risk factors and legal proceedings
The risks ADM TRONICS UNLIMITED, INC. names in Item 1A of its 10-K filed Jul 10, 2026: 2 risks under these headings, as written.4
- RISKS RELATING TO OUR OPERATIONS
- RISKS RELATED TO OUR COMPANY
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARChange of auditor
- 16SEC EDGARChange of auditor
- 17SEC EDGARChange of auditor
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