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Private company

ANDREA ELECTRONICS CORP

ANDREA ELECTRONICS CORP is an American radio and tv broadcasting and communications equipment company.1 It is headquartered in Bohemia, New York.1

Last updated Oct 21, 2026.

Overview

  • IndustryRadio & Tv Broadcasting & Communications Equipment1
  • HeadquartersBohemia, New York1
  • Incorporated inNY2
  • Business address620 Johnson Avenue Suite 1-B, Bohemia, Ny 117162
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

70.5%Gross margin3
-16.5%Operating margin3
-14.7%Net margin3
17.9%Revenue growth, 20223
-$237.1KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue27¢$578.2K
  • Research and development22¢$460.3K
  • Selling, general and admin51¢$1.1M
  • Income tax0¢$1.3K

Out of $2.0M in revenue.3 The company lost money this year.

Financial statements

Revenue456783$2.0M in 2022−45% since 2016
0$2.0M$4.0M$6.0M$8.0M2016: $3.6M$3.6M20162017: $6.9M$6.9M2017+94%2018: $1.5M$1.5M2018−79%2019: $1.9M$1.9M2019+29%2020: $1.4M$1.4M2020−28%2021: $1.7M$1.7M2021+23%2022: $2.0M$2.0M2022+18%
Gross profit456783$1.4M in 2022−56% since 2016
0$2.0M$4.0M$6.0M$8.0M2016: $3.2M$3.2M20162017: $6.7M$6.7M2017+111%2018: $1.0M$1.0M2018−85%2019: $1.4M$1.4M2019+32%2020: $1.0M$1.0M2020−23%2021: $1.2M$1.2M2021+18%2022: $1.4M$1.4M2022+12%
Operating income456783-$323.1K in 2022−74% since 2016
-$1.5M-$1.0M-$500.0K02016: -$1.2M-$1.2M20162017: -$1.1M-$1.1M2017−14%2018: -$890.2K-$890.2K2018−17%2019: -$476.6K-$476.6K2019−46%2020: -$755.2K-$755.2K2020+58%2021: -$595.1K-$595.1K2021−21%2022: -$323.1K-$323.1K2022−46%
Net income456783-$288.2K in 2022−77% since 2016
-$1.5M-$1.0M-$500.0K02016: -$1.3M-$1.3M20162017: -$1.2M-$1.2M2017−8%2018: -$945.1K-$945.1K2018−18%2019: -$548.6K-$548.6K2019−42%2020: -$823.8K-$823.8K2020+50%2021: -$373.8K-$373.8K2021−55%2022: -$288.2K-$288.2K2022−23%
Fiscal year2016201720182019202020212022
Revenue$3.6M4$6.9M5$1.5M6$1.9M7$1.4M8$1.7M3$2.0M3
Cost of revenue$410.9K4$266.9K5$433.7K6$538.2K7$310.9K8$433.0K8$578.2K3
Gross profit$3.2M4$6.7M5$1.0M6$1.4M7$1.0M8$1.2M3$1.4M3
Research and development$773.3K4$813.1K5$601.3K6$568.8K7$574.0K8$587.5K3$460.3K3
Selling, general and admin$1.3M4$1.3M5$1.2M6$1.1M7$1.1M8$1.1M3$1.1M3
Operating income-$1.2M4-$1.1M5-$890.2K6-$476.6K7-$755.2K8-$595.1K3-$323.1K3
Income before tax-$373.2K3-$286.9K3
Income tax$13.1K4$12.9K5$2.6K6$1.8K7$6198$5853$1.3K3
Net income-$1.3M4-$1.2M5-$945.1K6-$548.6K7-$823.8K8-$373.8K3-$288.2K3
Earnings per share-$0.0211-$0.013$0.003
Earnings per share (diluted)-$0.0211
Shares (weighted, basic)68.1M shares368.1M shares3

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What it owns

What ANDREA ELECTRONICS CORP 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$605.0K3 Dec 31, 2022$594.1K3 Dec 31, 2021+1.8%
Accumulated depreciation$568.5K3 Dec 31, 2022$554.6K3 Dec 31, 2021+2.5%
Property and equipment, net$36.5K3 Dec 31, 2022$39.5K3 Dec 31, 2021−7.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$55.6K3 Dec 31, 2022$148.3K3 Dec 31, 2021−62.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$9.6M3 Dec 31, 2022$9.6M3 Dec 31, 20210%
Accumulated amortization$9.4M3 Dec 31, 2022$9.4M3 Dec 31, 2021+0.4%
Finite-lived intangibles, net$158.8K3 Dec 31, 2022$194.2K3 Dec 31, 2021−18.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$284.2K3 Dec 31, 2022$259.0K3 Dec 31, 2021+9.7%
Raw materials$133.7K3 Dec 31, 2022$102.4K3 Dec 31, 2021+30.5%
Finished goods$150.4K3 Dec 31, 2022$156.6K3 Dec 31, 2021−3.9%

Leadership

Who has led ANDREA ELECTRONICS CORP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Douglas J. Andrea2006–2020

President

  1. Douglas J. Andrea2006–2020

Chief financial officer

  1. Corisa Guiffre2006–2016
2010201520202025
Board members and other officers (5)

Timeline

  1. Feb 10, 20238-K Listing notice or transfer18
  2. Oct 5, 20228-K Shareholder vote19
  3. Nov 23, 20218-K Bylaws or fiscal year changed; Shareholder vote20
  4. Oct 28, 20218-K Shareholder vote21
  5. Nov 6, 2006New chief executive Douglas J. Andrea becomes CEO12

Filings

15 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 4 major events, 1 insider forms, 4 other. The latest 15:

  1. Mar 30, 202310-K EDGAR
  2. Feb 10, 202315-12G EDGAR
  3. Feb 10, 2023S-8 POS EDGAR
  4. Feb 10, 2023S-8 POS EDGAR
  5. Feb 10, 20238-K EDGAR
  6. Nov 14, 202210-Q EDGAR
  7. Oct 5, 20228-K EDGAR
  8. Aug 31, 2022DEF 14A EDGAR
  9. Aug 15, 202210-Q EDGAR
  10. May 16, 202210-Q QUARTERLY REPORT EDGAR
  11. Mar 31, 202210-K ANNUAL REPORT EDGAR
  12. Dec 17, 20214 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  13. Nov 23, 20218-K CURRENT REPORT EDGAR
  14. Nov 15, 202110-Q QUARTERLY REPORT EDGAR
  15. Oct 28, 20218-K CURRENT REPORT EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 14, 2021MIGLIOZZI JOSEPH JDirectorBuy142,900$0.03$4.3KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How ANDREA ELECTRONICS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARANDREA ELECTRONICS CORP1
  • CIK0000006494
  • Employer ID (EIN)11-04820201
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNew York1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
  • Business address620 Johnson Avenue Suite 1-B, Bohemia, NY 117161
  • Phone(631) 719-18001
  • Shares outstanding68,104,957 as of Mar 24, 20233
  • Public float$2.3M as of Jun 30, 20223
  • On EDGAR sinceMay 11, 19951
  • Filings447 in all: 4 (104), 8-K (80), 10-Q (69), DEF 14A (28), 10-K (23), 10QSB (15), S-8 (11), 10-K/A (10)1
    All 39 form types

    ARS (10), S-3/A (8), SC 13D/A (7), 10-Q/A (6), PRE 14A (6), S-8 POS (6), 10KSB (5), 4/A (5), 424B3 (5), DEFA14A (5), S-3 (5), 8-K/A (4), NO ACT (4), PRER14A (4), SC 13G (4), 3 (3), NT 10-Q (3), NT 10-K (2), SC 13G/A (2), UPLOAD (2), 15-12G (1), 3/A (1), 8-A12B (1), 8-A12B/A (1), CERTAMX (1), CORRESP (1), CT ORDER (1), DEFR14A (1), REGDEX (1), REGDEX/A (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Mar 30, 2023
    Quarterly report (10-Q) Nov 14, 2022
    Proxy statement (DEF 14A) Aug 31, 2022
    Latest 8-K (8-K) Feb 10, 2023

Sources

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