TAIT on OTC

TAITRON COMPONENTS INC

TAITRON COMPONENTS INC is an American wholesale-electronic parts and equipment company, listed on OTC (TAIT).1 It is headquartered in Valencia, California.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$4.1MRevenue, fiscal 20242
$902.0KNet income, fiscal 20242

Compare with UNIVERSAL SAFETY PRODUCTS, INC., First America Resources Corp or SURGE COMPONENTS INC, or pick any stock.

  • TickerTAIT on OTC1
  • IndustryWholesale-Electronic Parts & Equipment, NEC1
  • HeadquartersValencia, California1
  • Incorporated inCA3
  • Business address28040 West Harrison Parkway, Valencia, Ca 913553
  • Filer categoryNon-accelerated filer, Smaller reporting company3

Financials

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

Key numbers, fiscal 2024

51.1%Gross margin2
-2.5%Operating margin2
21.8%Net margin2
-32.2%Revenue growth, 20242
5.4%Return on equity2
-$490.0KFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue36¢$2.0M
  • Selling, general and admin39¢$2.2M
  • Income tax9¢$513.0K
  • Profit16¢$902.0K

Out of $4.1M in revenue.2

Financial statements

Revenue4567892$4.1M in 2024−46% since 2017
0$2.5M$5.0M$7.5M$10.0M2017: $7.6M$7.6M20172018: $8.2M$8.2M2018+8%2019: $6.8M$6.8M2019−18%2020: $6.7M$6.7M2020−1%2021: $8.6M$8.6M2021+29%2022: $8.4M$8.4M2022−3%2023: $6.1M$6.1M2023−27%2024: $4.1M$4.1M2024−32%
Gross profit4567892$2.1M in 2024−29% since 2017
0$2.0M$4.0M$6.0M2017: $3.0M$3.0M20172018: $3.6M$3.6M2018+21%2019: $3.1M$3.1M2019−15%2020: $3.3M$3.3M2020+7%2021: $4.1M$4.1M2021+26%2022: $4.4M$4.4M2022+7%2023: $3.4M$3.4M2023−22%2024: $2.1M$2.1M2024−39%
Operating income4567892-$104.0K in 2024
-$1.0M0$1.0M$2.0M$3.0M2017: $791.0K$791.0K20172018: $1.4M$1.4M2018+79%2019: $698.0K$698.0K2019−51%2020: $1.1M$1.1M2020+51%2021: $2.1M$2.1M2021+98%2022: $2.2M$2.2M2022+7%2023: $1.2M$1.2M2023−46%2024: -$104.0K-$104.0K2024
Net income4567892$902.0K in 2024+29% since 2017
0$1.0M$2.0M$3.0M$4.0M2017: $701.0K$701.0K20172018: $1.4M$1.4M2018+97%2019: $773.0K$773.0K2019−44%2020: $1.4M$1.4M2020+76%2021: $2.0M$2.0M2021+48%2022: $3.2M$3.2M2022+60%2023: $1.8M$1.8M2023−42%2024: $902.0K$902.0K2024−51%
Fiscal year20172018201920202021202220232024
Revenue$7.6M4$8.2M5$6.8M6$6.7M7$8.6M8$8.4M9$6.1M2$4.1M2
Cost of revenue$4.6M4$4.6M5$3.7M6$3.4M7$4.5M8$4.0M9$2.7M2$2.0M2
Gross profit$3.0M4$3.6M5$3.1M6$3.3M7$4.1M8$4.4M9$3.4M2$2.1M2
Selling, general and admin$2.2M4$2.2M5$2.4M6$2.2M7$2.0M8$2.2M9$2.2M2$2.2M2
Operating income$791.0K4$1.4M5$698.0K6$1.1M7$2.1M8$2.2M9$1.2M2-$104.0K2
Income before tax$2.4M8$1.8M9$2.3M2$1.4M2
Income tax$5.0K4$6.0K5$06$4.0K7$388.0K8-$1.4M9$412.0K2$513.0K2
Net income$701.0K4$1.4M5$773.0K6$1.4M7$2.0M8$3.2M9$1.8M2$902.0K2
Earnings per share$0.134$0.254
Earnings per share (diluted)$0.124$0.244
Shares (weighted, basic)5.8M shares86.0M shares96.0M shares26.0M shares2
Shares (weighted, diluted)5.9M shares86.0M shares96.0M shares26.0M shares2

Compare TAITRON COMPONENTS INC with another company

Corporate structure

TAITRON COMPONENTS 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 TAITRON COMPONENTS INC

  • TAITRON COMPONENTS INC Valencia, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TAITRON COMPONENTS 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$8.0M2 Dec 31, 2024$7.8M2 Dec 31, 2023+3.0%
Accumulated depreciation$5.0M2 Dec 31, 2024$4.8M2 Dec 31, 2023+3.6%
Property and equipment, net$3.0M2 Dec 31, 2024$3.0M2 Dec 31, 2023+2.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.2M2 Dec 31, 2024$6.2M2 Dec 31, 2023−32.2%
Marketable securities, current$5.2M2 Dec 31, 2024$3.6M2 Dec 31, 2023+42.7%
Stakes in other companies (equity method)$186.0K9 Dec 31, 2023$186.0K8 Dec 31, 20220%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.9M2 Dec 31, 2024$2.6M2 Dec 31, 2023+13.6%

Properties, in its own words

We own our headquarters and main distribution facility located in Valencia, California. This facility is approximately 50,000 total square feet, of which 40,000 square feet is warehouse space and 10,000 square feet is general office space. We also occasionally sublease approximately 3,500 square feet of our unused office space as rental property to others. We believe this facility is adequately covered by insurance (except earthquake coverage).

We also have the following properties: (1) we own 4,500 square feet of office space in Shanghai, China - this property is being used as our project design and engineering center and partially as rental property for lease to others and (2) we own 2,500 square feet of office space in Taipei, Taiwan. We believe these existing facilities are adequate for the foreseeable future and have no plans to renovate or expand them.

Item 2 of the 10-K filed Mar 31, 2025.13

Leadership

Who has led TAITRON COMPONENTS INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (7)

Timeline

  1. Nov 14, 20258-K Listing notice or transfer; Executive or director change23
  2. Oct 31, 20258-K Regulation FD disclosure24
  3. Aug 1, 20258-K Regulation FD disclosure25
  4. Jul 7, 20258-K Executive or director change; Regulation FD disclosure26
  5. May 2, 20258-K Regulation FD disclosure27
  6. Jan 31, 20258-K Regulation FD disclosure28
  7. Nov 1, 20248-K Regulation FD disclosure29
  8. Aug 2, 20248-K Regulation FD disclosure30
  9. May 3, 20248-K Regulation FD disclosure31
  10. Feb 2, 20248-K Regulation FD disclosure32
  11. Oct 27, 20238-K Regulation FD disclosure33
  12. Jul 28, 20238-K Regulation FD disclosure34
  13. Feb 14, 2007New chief executive Stewart Wang becomes CEO14

Filings

87 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 20 major events, 36 insider forms, 6 large holders, 7 other. The latest 20:

  1. Feb 12, 2026SCHEDULE 13G/A EDGAR
  2. Dec 8, 202515-12G EDGAR
  3. Dec 5, 2025S-8 POS EDGAR
  4. Nov 24, 202525 EDGAR
  5. Nov 14, 20258-K EDGAR
  6. Nov 14, 202510-Q EDGAR
  7. Nov 13, 2025SCHEDULE 13G EDGAR
  8. Oct 31, 20258-K EDGAR
  9. Aug 14, 202510-Q EDGAR
  10. Aug 13, 2025SCHEDULE 13G/A EDGAR
  11. Aug 1, 20258-K EDGAR
  12. Jul 7, 20258-K EDGAR
  13. May 15, 202510-Q EDGAR
  14. May 2, 20258-K EDGAR
  15. Apr 30, 2025DEF 14A EDGAR
  16. Apr 18, 202510-K/A EDGAR
  17. Mar 31, 202510-K EDGAR
  18. Feb 12, 20255 PRIMARY DOCUMENT EDGAR
  19. Feb 12, 20255 PRIMARY DOCUMENT EDGAR
  20. Feb 12, 20255 PRIMARY DOCUMENT EDGAR

The 87 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.

DateWhoTradeSharesPriceValueFiling
Jan 3, 2022MILLER CRAIGDirectorSale333$4.10$1.4KForm 4
Jan 3, 2022MILLER CRAIGDirectorSale500$4.05$2.0KForm 4
Dec 31, 2021MILLER CRAIGDirectorSale500$4.05$2.0KForm 4
Dec 30, 2021MILLER CRAIGDirectorSale1,000$4.01$4.0KForm 4
Dec 29, 2021MILLER CRAIGDirectorSale1,000$4.10$4.1KForm 4
Dec 21, 2021MILLER CRAIGDirectorSale1,667$3.95$6.6KForm 4
Dec 16, 2021MILLER CRAIGDirectorSale1,500$4.00$6.0KForm 4
Dec 6, 2021MILLER CRAIGDirectorSale500$3.92$2.0KForm 4
Dec 1, 2021MILLER CRAIGDirectorSale2,000$4.12$8.2KForm 4
Nov 19, 2021MILLER CRAIGDirectorSale1,000$4.36$4.4KForm 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.

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.

YearExecutiveAgeSalaryTotal pay
2024S.Wang$195.0K$249.9K36
2024D.Vanderhorst$165.7K$197.1K36
2023CEO$195.0K$250.4K36
2023CFO$164.0K$184.4K36

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.

Money received by year$163.2K 2020–2020
Money received by yearMoney received by year, 2020–2020: $163.2K in all. PPP loans $163.2K.$0$50K$100K$150K$200K2020 · PPP loans: $163.2K2020
Figures by year
YearPPP loansTotal
2020$163.2K$163.2K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA37. Matched to this company by name and state.

  1. Apr 13, 2020$163.2K PPP loan (first draw) from City National Bank37To TAITRON COMPONENTS, INC., Valencia CA; $165.0K forgiven Jun 4, 2021

SEC filer profile

How TAITRON COMPONENTS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTAITRON COMPONENTS INC1
  • CIK0000942126
  • Employer ID (EIN)95-424924013
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company13
  • Incorporated inCalifornia13
  • Fiscal year endsDecember 311
  • Industry code (SIC)5065 Wholesale-Electronic Parts & Equipment, NEC1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address28040 West Harrison Parkway, Valencia, CA 913551
  • Phone(661) 257-60601
  • Shares outstanding5,258,568 Common Class A shares; 762,612 Common Class B shares as of Mar 15, 202513
  • Public float$8.3M as of Jun 30, 202413
  • AuditorRamirez Jimenez International CPAs, Irvine, California PCAOB ID 820; no auditor attestation of internal control over financial reporting13
  • On EDGAR sinceAug 13, 19961
  • Filings524 in all: 4 (218), 8-K (71), 10-Q (70), DEF 14A (29), SC 13G/A (29), 5 (27), 10-K (19), 10QSB (19)1
    All 26 form types

    SC 13G (10), 10KSB (6), 10-K405 (4), UPLOAD (3), CORRESP (2), NT 10-Q (2), S-8 (2), S-8 POS (2), SCHEDULE 13G/A (2), 10-K/A (1), 10KSB/A (1), 15-12G (1), 25 (1), 4/A (1), 8-K/A (1), DEFA14A (1), NT 10-K (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2025
    Quarterly report (10-Q) Nov 14, 2025
    Proxy statement (DEF 14A) Apr 30, 2025
    Latest 8-K (8-K) Nov 14, 2025

Securities registered for trading

ClassSymbolExchange
Class A common stock, $.001 par valueTAITNASDAQ

From the cover page of the 10-K filed Mar 31, 2025 (Section 12(b) of the Exchange Act).13

Risk factors and legal proceedings

The risks TAITRON COMPONENTS INC names in Item 1A of its 10-K filed Mar 31, 2025: 19 risks under these headings, as written.13

  • If our suppliers fail to meet our component and manufacturing needs, it could delay our production and our product shipments to customers and negatively affect our operations.
  • The company’s lack of long-term sales contracts may have a material adverse effect on its business.
  • Changes in demand or downturns in the markets we serve could affect our business and operating results.
  • The competitive pressures the company faces, such as pricing and margin reductions, could have a material adverse effect on the company’s business.
  • A small number of suppliers and customers account for a significant portion of the company’s business.
  • The company may not be able to adequately anticipate, prevent, or mitigate damage resulting from criminal and other illegal or fraudulent activities committed against it.
  • Products sold by the company may be found to be defective and, as a result, warranty and/or product liability claims may be asserted against the company, which may have a material adverse effect on the company.
  • Declines in value of the company’s inventory could materially adversely affect its business.
  • Tariffs may result in increased prices and could adversely affect the company’s business and results of operations.
  • The company is subject to U.S. and certain foreign export and import controls, sanctions, embargoes, anti-corruption laws, and anti-money laundering laws and regulations. In the event of non-compliance, the company can face serious consequences, which can harm its business.
  • The company is subject to environmental laws and regulations that could materially adversely affect its business.
  • The company may not have adequate or cost-effective liquidity or capital resources.
The other 7 risks
  • The company’s revenues and operating results may fluctuate unexpectedly from quarter to quarter, which may in turn affect its stock price.
  • If the company fails to maintain an effective system of internal controls or discovers material weaknesses in its internal controls over financial reporting, it may not be able to report its financial results accurately or timely or detect fraud, which could have a material adverse effect on its business.
  • The company’s success depends upon its key executives.
  • Cyber security and privacy breaches may hurt the company’s business, damage its reputation, increase its costs, and cause losses.
  • The company relies heavily on its internal information systems, which, if not properly functioning, could materially adversely affect the company’s business.
  • The company may be subject to intellectual property rights claims, which are costly to defend, could require payment of damages or licensing fees and could limit the company’s ability to use certain technologies in the future.
  • Trading in the company’s stock has historically been limited and the company’s stock price has been volatile, which may affect your ability to sell your shares.

Legal proceedings

In the ordinary course of business, we may become involved in legal proceedings from time to time. As of the date of this report, we are not aware of any material pending legal proceedings.

The opening of Item 3, Legal Proceedings.13

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37