Overview
Compare with R F INDUSTRIES LTD, Methode Electronics or Amphenol, or pick any stock.
- TickerIEHC on OTC1
- IndustryElectronic Connectors1
- HeadquartersBrooklyn, New York1
- Incorporated inNY3
- Business address140 58Th St Bldg B Unit 8E, Brooklyn, Ny 112203
- Filer categoryNon-accelerated filer, Smaller reporting company3
See how the biggest companies compare on our leaderboards
QPL (Qualified Product Listing), and an ISO (International Standards Organization) 9001:2015 Certification.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.
Regions
United States brought in 94% of the revenue IEH Corp broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| United States | $27.1M | $27.7M |
| Outside the United States | $1.6M | $1.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue79¢$23.9M
- Selling, general and admin21¢$6.4M
- Income tax0¢$42.7K
Out of $29.4M 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 |
|---|---|---|
| Revenue | $29.4M | $28.8M |
| Cost of products sold | $23.9M | $21.3M |
| Selling, general and administrative | $6.4M | $6.2M |
| Depreciation and amortization | $772.3K | $744.8K |
| Total operating expenses | $31.0M | $28.2M |
| Operating (loss) income | -$1.6M | $574.9K |
| Interest income, net | $292.3K | $425.3K |
| Total other income, net | $292.3K | $425.3K |
| (Loss) income before benefit from (provision for) income taxes | -$1.3M | $1.0M |
| Benefit from (provision for) income taxes | $42.7K | -$1.1K |
| Net (loss) income | -$1.3M | $999.0K |
| Basic (in Dollars per share) | -$0.53 | $0.42 |
| Diluted (in Dollars per share) | -$0.53 | $0.41 |
| Basic (in Shares) | 2.4M shares | 2.4M shares |
| Diluted (in Shares) | 2.4M shares | 2.4M 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 | $9.6M | $10.5M | |
| Accounts receivable, net | $4.7M | $3.2M | |
| Inventories, net | $6.8M | $7.3M | |
| Corporate income taxes receivable | $468.0K | $813.4K | |
| Prepaid expenses and other current assets | $440.9K | $201.2K | |
| Total current assets | $22.1M | $22.0M | |
| Property, plant and equipment, net | $3.3M | $3.1M | |
| Operating lease right-of-use assets | $1.6M | $2.0M | |
| Security deposit | $75.8K | $75.8K | |
| Total assets | $27.1M | $27.2M | |
| Accounts payable | $1.4M | $876.7K | |
| Customer advance payments | $18.5K | $173.1K | |
| Operating lease liabilities | $449.1K | $395.3K | |
| Equipment financing line of credit | $256.3K | ||
| Other current liabilities | $997.9K | $801.2K | |
| Total current liabilities | $3.1M | $2.2M | |
| Operating lease liabilities, net of current | $1.4M | $1.8M | |
| Equipment financing line of credit, net of current | $159.7K | ||
| Total liabilities | $4.7M | $4.1M | |
| Common Stock, $0.01 par value; 10,000,000 shares authorized; 2,470,272 and 2,388,251 shares issued and outstanding at March 31, 2026 and March 31, 2025, respectively | $24.7K | $23.9K | |
| Additional paid-in capital | $8.8M | $8.3M | |
| Retained earnings | $13.5M | $14.8M | |
| Total Stockholders Equity | $22.4M | $23.1M | $21.8M |
| Total Liabilities and Stockholders Equity | $27.1M | $27.2M | |
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in Shares) | 10.0M shares | 10.0M shares | |
| Common stock, shares issued (in Shares) | 2.5M shares | 2.4M shares | |
| Common stock, shares outstanding (in Shares) | 2.5M shares | 2.4M shares |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash and cash equivalents | $9.6M | $10.5M | |
| Accounts receivable, net | $4.7M | $3.2M | |
| Inventories, net | $6.8M | $7.3M | |
| Corporate income taxes receivable | $468.0K | $813.4K | |
| Prepaid expenses and other current assets | $440.9K | $201.2K | |
| Total current assets | $22.1M | $22.0M | |
| Property, plant and equipment, net | $3.3M | $3.1M | |
| Operating lease right-of-use assets | $1.6M | $2.0M | |
| Security deposit | $75.8K | $75.8K | |
| Total assets | $27.1M | $27.2M | |
| Accounts payable | $1.4M | $876.7K | |
| Customer advance payments | $18.5K | $173.1K | |
| Operating lease liabilities | $449.1K | $395.3K | |
| Equipment financing line of credit | $256.3K | ||
| Other current liabilities | $997.9K | $801.2K | |
| Total current liabilities | $3.1M | $2.2M | |
| Operating lease liabilities, net of current | $1.4M | $1.8M | |
| Equipment financing line of credit, net of current | $159.7K | ||
| Total liabilities | $4.7M | $4.1M | |
| Common Stock, $0.01 par value; 10,000,000 shares authorized; 2,470,272 and 2,388,251 shares issued and outstanding at March 31, 2026 and March 31, 2025, respectively | $24.7K | $23.9K | |
| Additional paid-in capital | $8.8M | $8.3M | |
| Retained earnings | $13.5M | $14.8M | |
| Total Stockholders Equity | $22.4M | $23.1M | $21.8M |
| Total Liabilities and Stockholders Equity | $27.1M | $27.2M | |
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in Shares) | 10.0M shares | 10.0M shares | |
| Common stock, shares issued (in Shares) | 2.5M shares | 2.4M shares | |
| Common stock, shares outstanding (in Shares) | 2.5M shares | 2.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
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 (loss) income | -$1.3M | $999.0K |
| Depreciation and amortization | $772.3K | $744.8K |
| Stock-based compensation expense | $265.2K | $266.6K |
| Inventory obsolescence provision | $297.8K | -$62.9K |
| Operating lease right-of-use assets | $502.9K | $502.9K |
| Accounts receivable | -$1.5M | $697.2K |
| Inventories | $157.9K | $1.5M |
| Corporate income taxes receivable | $345.4K | $1.4M |
| Prepaid expenses and other current assets | -$239.7K | -$7.4K |
| Accounts payable | $549.3K | $95.6K |
| Customer advance payments | -$154.6K | -$709.5K |
| Operating lease liabilities | -$519.0K | -$497.7K |
| Other current liabilities | $196.7K | -$60.0K |
| Net cash (used in) provided by operating activities | -$631.1K | $4.9M |
| Acquisition of property, plant and equipment | -$953.1K | -$532.4K |
| Net cash used in investing activities | -$953.1K | -$532.4K |
| Proceeds from equipment financing loan | $415.9K | |
| Proceeds from exercise of stock options | $276.2K | $48.8K |
| Net cash provided by financing activities | $692.1K | $48.8K |
| Net (decrease) increase in cash and cash equivalents | -$892.1K | $4.4M |
| Interest | $5.5K | |
| Income Taxes | $33.3K | $99.3K |
No quarter-by-quarter statement was filed.
Corporate structure
IEH Corp 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 IEH Corp
- Intelligent Fanatics Capital Management LLC Filed SCHEDULE 13G/A on IEH Corp, latest Aug 29, 2025 (2 filings since Apr 2, 2025)
- Cove Street Capital, LLC Filed SC 13D on IEH Corp, latest May 16, 2023
- Zeff Capital, LP Filed SC 13G/A on IEH Corp, latest Jan 4, 2022
- IEH Corp Brooklyn, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What IEH 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $19.0M2 Mar 31, 2026 | $18.1M2 Mar 31, 2025 | +5.3% |
| Accumulated depreciation | $15.7M2 Mar 31, 2026 | $15.0M2 Mar 31, 2025 | +5.2% |
| Property and equipment, net | $3.3M2 Mar 31, 2026 | $3.1M2 Mar 31, 2025 | +5.8% |
| Operating-lease assets (leased space) | $1.6M2 Mar 31, 2026 | $2.0M2 Mar 31, 2025 | −19.3% |
Investments
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $6.8M2 Mar 31, 2026 | $7.3M2 Mar 31, 2025 | −6.3% |
| Raw materials | $6.5M2 Mar 31, 2026 | $6.4M2 Mar 31, 2025 | +0.3% |
| Work in process | $996.6K2 Mar 31, 2026 | $989.2K2 Mar 31, 2025 | +0.7% |
| Finished goods | $364.6K2 Mar 31, 2026 | $549.8K2 Mar 31, 2025 | −33.7% |
Properties, in its own words
The Company renewed its lease for its manufacturing facility located at 140 58th Street, Suite 8E, Brooklyn, New York on December 1, 2020, and entered into a 10-year lease agreement extension, running through November 30, 2030. The lease is approximately 20,400 square feet of space, of which it is estimated that 6,000 square feet are used as executive, sales and administrative offices and 14,400 square feet are used for its manufacturing, testing and plating operations. The basic minimum annual rental payments remaining on this lease is $1,508,049 as of March 31, 2026.
The Company entered into a lease on January 29, 2021 for a building at 200 Cascade Drive, Bldg. 2, Suite H, Allentown, Pennsylvania 18109 running through March 30, 2028. The lease is approximately 28,800 square feet of space, of which it is estimated that 4,800 square feet are used as executive and administrative offices and 24,000 square feet are used for its manufacturing and testing operations. The basic minimum annual rental payments remaining on this lease is $573,639 as of March 31, 2026.
Item 2 of the 10-K filed Jun 12, 2026.4
Leadership
Who has led IEH Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerDave Offerman Nov 3, 2020 to now12
- PresidentDave Offerman Nov 4, 2020 to now13
- Chief financial officerSubrata Purkayastha Jun 2, 2023 to now14
- Chief financial officerRobert Knoth Dec 16, 2009 to Jul 6, 201515
Board members and other officers (4)
- Board memberBrian Glenn Apr 1, 2024 to now16
- Board memberDave Offerman Nov 3, 2020 to now12
- Board memberMichael E. Rosenfeld Nov 1, 2018 to now17
- Board memberGerald E. Chafetz Jun 1, 2009 to now18
Former names
- IEH CORPORATIONAug 15, 1995 to Nov 14, 20183
Timeline
- Sep 25, 20268-K Financial statements and exhibits19
- Sep 2, 20268-K Financial statements and exhibits20
- Aug 7, 20268-K Financial statements and exhibits21
- Aug 6, 20268-K Other events22
- Jun 12, 20268-K Results of operations23
- Jun 8, 20268-K Regulation FD disclosure24
- May 18, 20268-K Results of operations25
- Apr 22, 20268-K Regulation FD disclosure26
- Mar 26, 20268-K Results of operations27
- Mar 4, 20268-K Results of operations28
- Feb 20, 20268-K Other events29
- Feb 10, 20268-K Results of operations30
- Nov 3, 2020New chief executive Dave Offerman becomes CEO12
Calendar
When it reported results
- Jun 12, 2026Reported quarterly or annual results23
- May 18, 2026Reported quarterly or annual results25
- Mar 26, 2026Reported quarterly or annual results27
- Mar 4, 2026Reported quarterly or annual results28
- Feb 10, 2026Reported quarterly or annual results30
- Nov 10, 2025Reported quarterly or annual results31
- Aug 13, 2025Reported quarterly or annual results32
- Jun 13, 2025Reported quarterly or annual results33
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
97 filings to the SEC since October 2021: 6 annual reports, 13 quarterly reports, 43 major events, 25 insider forms, 4 large holders, 6 other. The latest 20:
- Sep 25, 20268-K EDGAR
- Sep 8, 20264/A EDGAR
- Sep 3, 2026144 EDGAR
- Sep 2, 20268-K EDGAR
- Aug 20, 20264 EDGAR
- Aug 17, 20264 EDGAR
- Aug 7, 202610-Q QUARTERLY REPORT EDGAR
- Aug 7, 20268-K EDGAR
- Aug 6, 20268-K EDGAR
- Jun 12, 202610-K ANNUAL REPORT EDGAR
- Jun 12, 20268-K EDGAR
- Jun 8, 20268-K EDGAR
- May 18, 20268-K CURRENT REPORT EDGAR
- Apr 22, 20268-K EDGAR
- Mar 26, 20268-K EDGAR
- Mar 19, 20264 EDGAR
- Mar 19, 20264 EDGAR
- Mar 19, 20264 EDGAR
- Mar 12, 2026144 EDGAR
- Mar 10, 20264 EDGAR
The 97 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.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 0 buys and 10 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Rosenfeld Michael EDirector | Sale | 3,800 | $32.56 | $123.7K | Form 4 |
| Sep 3, 2026 | Rosenfeld Michael EDirector | Sale | 1,200 | $32.90 | $39.5K | Form 4 |
| Aug 14, 2026 | Rosenfeld Michael EDirector | Sale | 1,240 | $32.50 | $40.3K | Form 4 |
| Aug 13, 2026 | Rosenfeld Michael EDirector | Sale | 3,000 | $33.00 | $99.0K | Form 4 |
| Aug 13, 2026 | Offerman Gail10% owner | Sale | 2,000 | $32.25 | $64.5K | Form 4 |
| Mar 18, 2026 | Chafetz Gerald E.Director | Sale | 500 | $18.00 | $9.0K | Form 4 |
| Mar 17, 2026 | Chafetz Gerald E.Director | Sale | 500 | $17.39 | $8.7K | Form 4 |
| Mar 9, 2026 | Offerman DaveCOB, President and CEO | Sale | 350 | $17.28 | $6.0K | Form 4 |
| Mar 6, 2026 | Offerman DaveCOB, President and CEO | Sale | 4,650 | $16.50 | $76.7K | Form 4 |
| Nov 14, 2024 | Offerman DaveCOB, President and CEO | Sale | 15,348 | $9.26 | $142.1K | Form 4 |
From Forms 4 filed with the SEC.
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.
- Intelligent Fanatics Capital Management LLCSCHEDULE 13G/A, 2 filings Apr 2, 2025 to Aug 29, 202534
- Cove Street Capital, LLCSC 13D, 1 filing May 16, 202335
- Zeff Capital, LPSC 13G/A, 1 filing Jan 4, 202236
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | David Offerman | 50 | $491.7K | $683.2K37 |
| 2025 | Subrata Purkayastha | $250.0K | $321.7K37 | |
| 2024 | Chief Executive OfficerPresident | $486.0K37 | ||
| 2024 | Chief Financial Officer | $216.9K | $314.7K37 |
SEC filer profile
How IEH Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARIEH Corp1
- CIK0000050292
- Employer ID (EIN)13-55493484
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNew York4
- Fiscal year endsMarch 311
- Industry code (SIC)3678 Electronic Connectors1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address140 58Th St Bldg B Unit 8E, Brooklyn, NY 112201
- Mailing address140 58Th Street Building B Suite 8E, Brooklyn, NY 112201
- Phone71849244401
- Shares outstanding2,477,749 as of Aug 7, 202611
- Public float$14.2M as of Sep 30, 20254
- AuditorCBIZ CPAs P.C., New York, NY PCAOB ID 199; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJun 30, 19951
- Filings420 in all: 8-K (78), 10-Q (51), 4 (49), 10QSB (37), DEF 14A (26), NT 10-Q (22), NT 10-K (21), 10-K (17)1
All 33 form types
10KSB (14), UPLOAD (12), ARS (11), SC 13G/A (10), 10-K/A (9), 3 (9), CORRESP (8), SC 13D/A (8), 10-Q/A (6), 4/A (5), DEFA14A (5), SC 13D (3), 10KSB/A (2), 144 (2), 8-K/A (2), PRE 14A (2), S-8 (2), SC 13G (2), 5 (1), DEFR14A (1), NTN 10Q (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1), SD (1), SUPPL (1)
- Latest filingsAnnual report (10-K) Jun 12, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Aug 15, 2025
Latest 8-K (8-K) Sep 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| IEHC | NONE |
From the cover page of the 10-K filed Jun 12, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks IEH Corp names in Item 1A of its 10-K filed Jun 12, 2026: 27 risks under these headings, as written.4
- We operate in a niche industry and our business results may vary from year to year depending upon, among other things, the nature of the ordering cycle of our products which makes it hard to predict demand for our business and may adversely impact our business and results of operations.
- The loss of certain substantial customers could materially and adversely affect us.
- We may need additional financing in the future and if we are unable to raise capital when needed, we could be forced to delay, reduce or eliminate our production or business efforts.
- The Company may have limited intellectual property protection.
- We are a niche manufacturer of highly engineered products that are high value/short run, using a unique mix of labor and capital equipment.
- A significant design, manufacturing or supplier quality issue could adversely affect profitability.
- A shortage of availability or an increase in the cost of raw materials and other resources may adversely impact our ability to manufacture our products at cost effective prices and thus may negatively impact profit margins.
- We may be subject to work stoppages at our facilities or those of our principal customers and suppliers, which could seriously impact the profitability of our business.
- Our success is dependent on the performance of our management and the cooperation, performance and retention of our executive officers and key employees.
- If we lose key personnel or fail to integrate replacement personnel successfully, our ability to manage our business could be impaired.
- We are a small business that competes globally in a competitive industry that is highly fragmented.
- A reduction in U.S. Government funding or a change in U.S. Government spending priorities could have an adverse impact on our business, financial condition, results of operations, cash flows and equity.
The other 15 risks
- Failure to achieve and maintain effective internal control over financial reporting could result in our failure to accurately or timely report our financial condition or results of operations, which could have a material adverse effect on our business and stock price.
- The requirements of being a public company may strain our resources, divert management’s attention and affect its ability to attract and retain qualified board members.
- In order to satisfy our obligations as a public company, we must hire, retain and train qualified accounting and financial personnel with appropriate public company experience. Failure to do so may result in increased costs and additional risks in connection with the quality of our financial reporting.
- RISKS RELATED TO OUR COMMON STOCK
- Our stock price is volatile and could decline; there is currently a limited trading market for our common stock and we cannot predict how liquid the market might become.
- Except for a single dividend declared and paid in 2017, we have not paid dividends in the past and do not expect to pay dividends in the future. Any return on investment may be limited to the value of our common stock.
- The Offerman family has substantial influence over our management and policies, and their interests may conflict with ours or yours in the future.
- We have reduced disclosure and governance requirements applicable to smaller reporting companies, which could result in our common stock being less attractive to investors.
- There are risks related to the implementation of our perpetual accounting system.
- Changes in general economic conditions, geopolitical conditions, U.S. trade policies and other factors beyond the Company’s control may adversely impact our business and operating results.
- The global nature of our operations exposes us to numerous risks that could materially adversely affect our financial condition and results of operations.
- We are the primary source for various commercial and aerospace applications in certain parts of Asia and Europe. There is always a risk of being second sourced by domestic manufacturers, and trade tensions or nationalizing supply chains adversely impacting our business.
- Fluctuations in exchange rates could adversely affect our business and the value of our securities.
- Changes in defense expenditures may reduce the Company’s sales.
- We may be adversely affected by natural disasters, pandemics and other catastrophic events and by man-made problems such as terrorism that could disrupt our business operations, and our business continuity and disaster recovery plans may not adequately protect us from a serious disaster.
- Our business and operations would suffer in the event of system failures, cyber-attacks or a deficiency in our cyber-security.
Legal proceedings
There are no legal proceedings that have occurred within the past year concerning our directors, or control persons which involved a criminal conviction, a criminal proceeding, an administrative or civil proceeding limiting one’s participation in the securities or banking industries, or a finding of securities or commodities law violations.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARIEH Corp filings on SEC EDGAR
- 2SEC EDGARIEH Corp 10-K for fiscal 2026
- 3SEC EDGARIEH Corp filings on SEC EDGAR
- 4
- 5SEC EDGARIEH Corp 10-K for fiscal 2019
- 6SEC EDGARIEH Corp 10-K for fiscal 2020
- 7SEC EDGARIEH Corp 10-K for fiscal 2023
- 8SEC EDGARIEH Corp 10-K for fiscal 2024
- 9SEC EDGARIEH Corp 10-Q for fiscal 2025
- 10SEC EDGARIEH Corp 10-Q for fiscal 2025
- 11SEC EDGARIEH Corp 10-Q for fiscal 2026
- 12
- 13SEC EDGARDave Offerman, President
- 14
- 15
- 16SEC EDGARBrian Glenn, Board member
- 17SEC EDGARMichael E. Rosenfeld, Board member
- 18SEC EDGARGerald E. Chafetz, Board member
- 19SEC EDGARFinancial statements and exhibits
- 20SEC EDGARFinancial statements and exhibits
- 21SEC EDGARFinancial statements and exhibits
- 22SEC EDGAROther events
- 23SEC EDGARResults of operations
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARResults of operations
- 26SEC EDGARRegulation FD disclosure
- 27SEC EDGARResults of operations
- 28SEC EDGARResults of operations
- 29SEC EDGAROther events
- 30SEC EDGARResults of operations
- 31
- 32
- 33
- 34
- 35
- 36
- 37