Overview
Compare with UNIVERSAL SAFETY PRODUCTS, INC., First America Resources Corp or SURGE COMPONENTS INC, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
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
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| 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 shares8 | 6.0M shares9 | 6.0M shares2 | 6.0M shares2 | ||||
| Shares (weighted, diluted) | 5.9M shares8 | 6.0M shares9 | 6.0M shares2 | 6.0M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $3.2M5 | $4.5M6 | $5.3M6 | $6.7M7 | $6.0M8 | $5.2M9 | $6.2M2 | $4.2M2 |
| Receivables | $900.0K8 | $683.0K9 | $92.0K2 | $421.0K2 | ||||
| Inventory | $5.3M8 | $3.9M9 | $2.6M2 | $2.9M2 | ||||
| Current assets | $9.3M4 | $10.1M5 | $10.0M6 | $10.9M7 | $13.9M8 | $12.0M9 | $12.8M2 | $12.9M2 |
| Property, plant and equipment | $3.1M8 | $2.9M9 | $3.0M2 | $3.0M2 | ||||
| Total assets | $13.6M4 | $14.0M5 | $13.6M6 | $14.3M7 | $17.1M8 | $17.1M9 | $18.0M2 | $17.6M2 |
| Accounts payable | $1.8M8 | $211.0K9 | $194.0K2 | $251.0K2 | ||||
| Current liabilities | $1.2M4 | $1.3M4 | $784.0K6 | $856.0K7 | $2.7M8 | $1.0M9 | $1.2M2 | $1.1M2 |
| Long-term debt | $06 | $163.0K7 | $07 | |||||
| Total liabilities | $1.7M4 | $1.3M5 | $784.0K6 | $1.0M7 | $2.7M7 | |||
| Retained earnings | $3.3M8 | $4.8M9 | $5.4M2 | $5.1M2 | ||||
| Shareholders’ equity | $11.8M5 | $12.6M6 | $12.7M7 | $13.2M8 | $14.4M9 | $16.1M2 | $16.8M2 | $16.6M2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $388.0K4 | $2.3M5 | $1.4M6 | $2.1M7 | $1.7M8 | $1.7M9 | $3.1M2 | -$258.0K2 |
| Depreciation and amortization | $180.0K8 | $135.0K9 | $167.0K2 | $173.0K2 | ||||
| Stock-based compensation | $29.0K8 | $23.0K9 | $13.0K2 | $10.0K2 | ||||
| Capital spending | $37.0K4 | $5.0K5 | $17.0K6 | $17.0K7 | $18.0K8 | $2.0K9 | $215.0K2 | $232.0K2 |
| Free cash flow | $351.0K | $2.3M | $1.4M | $2.0M | $1.7M | $1.7M | $2.9M | -$490.0K |
| Cash from investing | -$1.5M8 | -$968.0K9 | -$1.0M2 | -$547.0K2 | ||||
| Dividends paid | $554.0K4 | $589.0K5 | $717.0K6 | $840.0K7 | $965.0K8 | $1.7M9 | $1.2M2 | $1.2M2 |
| Share buybacks | ||||||||
| Cash from financing | -$889.0K8 | -$1.5M9 | -$1.1M2 | -$1.2M2 | ||||
| Dividend per share | $0.104 | $0.105 | $0.126 | $0.147 | $0.178 | $0.289 | $0.202 | $0.202 |
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
- RENAISSANCE TECHNOLOGIES LLC Filed SCHEDULE 13G/A on TAITRON COMPONENTS INC, latest Feb 12, 2026 (6 filings since Feb 11, 2022)
- 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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, 2022 | 0% |
Inventory
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.
Chief executive
President
Chief financial officer
- Chief executive officerStewart Wang Feb 14, 2007 to Feb 3, 202514
- ChairTzu Sheng Ku Feb 14, 2007 to Feb 12, 202515
- PresidentStewart Wang Feb 14, 2007 to Sep 5, 201914
- Chief financial officerDavid Vanderhorst Oct 27, 2008 to May 10, 202216
- Chief financial officerStewart Wang Feb 14, 2007 to Mar 27, 200814
Board members and other officers (7)
- SECRETARYDavid Vanderhorst Jan 25, 2007 to Mar 27, 200817
- Board memberPineda Dubravka De Jun 26, 2024 to Feb 12, 202518
- Board memberChi-Lin Chung May 31, 2022 to Feb 12, 202519
- Board memberTzu Sheng Ku May 31, 2019 to Jun 26, 202420
- Board memberFelix Sung Feb 14, 2007 to Sep 5, 201921
- Board memberRichard Chiang Feb 14, 2007 to Feb 12, 202522
- Board memberStewart Wang Feb 14, 2007 to Feb 3, 202514
Timeline
- Nov 14, 20258-K Listing notice or transfer; Executive or director change23
- Oct 31, 20258-K Regulation FD disclosure24
- Aug 1, 20258-K Regulation FD disclosure25
- Jul 7, 20258-K Executive or director change; Regulation FD disclosure26
- May 2, 20258-K Regulation FD disclosure27
- Jan 31, 20258-K Regulation FD disclosure28
- Nov 1, 20248-K Regulation FD disclosure29
- Aug 2, 20248-K Regulation FD disclosure30
- May 3, 20248-K Regulation FD disclosure31
- Feb 2, 20248-K Regulation FD disclosure32
- Oct 27, 20238-K Regulation FD disclosure33
- Jul 28, 20238-K Regulation FD disclosure34
- 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:
- Feb 12, 2026SCHEDULE 13G/A EDGAR
- Dec 8, 202515-12G EDGAR
- Dec 5, 2025S-8 POS EDGAR
- Nov 24, 202525 EDGAR
- Nov 14, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Nov 13, 2025SCHEDULE 13G EDGAR
- Oct 31, 20258-K EDGAR
- Aug 14, 202510-Q EDGAR
- Aug 13, 2025SCHEDULE 13G/A EDGAR
- Aug 1, 20258-K EDGAR
- Jul 7, 20258-K EDGAR
- May 15, 202510-Q EDGAR
- May 2, 20258-K EDGAR
- Apr 30, 2025DEF 14A EDGAR
- Apr 18, 202510-K/A EDGAR
- Mar 31, 202510-K EDGAR
- Feb 12, 20255 PRIMARY DOCUMENT EDGAR
- Feb 12, 20255 PRIMARY DOCUMENT EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 3, 2022 | MILLER CRAIGDirector | Sale | 333 | $4.10 | $1.4K | Form 4 |
| Jan 3, 2022 | MILLER CRAIGDirector | Sale | 500 | $4.05 | $2.0K | Form 4 |
| Dec 31, 2021 | MILLER CRAIGDirector | Sale | 500 | $4.05 | $2.0K | Form 4 |
| Dec 30, 2021 | MILLER CRAIGDirector | Sale | 1,000 | $4.01 | $4.0K | Form 4 |
| Dec 29, 2021 | MILLER CRAIGDirector | Sale | 1,000 | $4.10 | $4.1K | Form 4 |
| Dec 21, 2021 | MILLER CRAIGDirector | Sale | 1,667 | $3.95 | $6.6K | Form 4 |
| Dec 16, 2021 | MILLER CRAIGDirector | Sale | 1,500 | $4.00 | $6.0K | Form 4 |
| Dec 6, 2021 | MILLER CRAIGDirector | Sale | 500 | $3.92 | $2.0K | Form 4 |
| Dec 1, 2021 | MILLER CRAIGDirector | Sale | 2,000 | $4.12 | $8.2K | Form 4 |
| Nov 19, 2021 | MILLER CRAIGDirector | Sale | 1,000 | $4.36 | $4.4K | 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.
- RENAISSANCE TECHNOLOGIES LLCSCHEDULE 13G/A, 6 filings Feb 11, 2022 to Feb 12, 202635
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.
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 $163.2K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 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.
- 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
| Class | Symbol | Exchange |
|---|---|---|
| Class A common stock, $.001 par value | TAIT | NASDAQ |
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
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARTzu Sheng Ku, Chair
- 16
- 17SEC EDGARDavid Vanderhorst, SECRETARY
- 18SEC EDGARPineda Dubravka De, Board member
- 19SEC EDGARChi-Lin Chung, Board member
- 20SEC EDGARTzu Sheng Ku, Board member
- 21SEC EDGARFelix Sung, Board member
- 22SEC EDGARRichard Chiang, Board member
- 23
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARRegulation FD disclosure
- 26
- 27SEC EDGARRegulation FD disclosure
- 28SEC EDGARRegulation FD disclosure
- 29SEC EDGARRegulation FD disclosure
- 30SEC EDGARRegulation FD disclosure
- 31SEC EDGARRegulation FD disclosure
- 32SEC EDGARRegulation FD disclosure
- 33SEC EDGARRegulation FD disclosure
- 34SEC EDGARRegulation FD disclosure
- 35
- 36
- 37