Private company
VIDEO DISPLAY CORP
American electronic components and accessories company, incorporated in Georgia1
In its 2024 annual report the company says: “The Company designs, engineers, manufactures, markets, distributes and installs technologically advanced display products and systems, from basic components to turnkey systems, for government, military, aerospace, medical, industrial, and commercial organizations. The Company operates primarily in two divisions: simulation, training and display products, and cyber secure products and services.”4 It is headquartered in Tucker, Georgia.1
Last updated Oct 21, 2026.
Overview
- IndustryElectronic Components & Accessories1
- HeadquartersTucker, Georgia1
- Incorporated inGA3
- Business address1868 Tucker Industrial Dr, Tucker, Ga 300843
- Filer categoryNon-accelerated filer, Smaller reporting company3
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Video Display Corporation and subsidiaries (the “Company”, ”us”, “we” or “VDC”) is a provider and manufacturer of video products, components, and systems for visual display and presentation of electronic information media in a variety of requirements and environments. The Company designs, engineers, manufactures, markets, distributes and installs technologically advanced display products and systems, from basic components to turnkey systems, for government, military, aerospace, medical, industrial, and commercial organizations. The Company markets its products worldwide primarily from facilities located in the United States. Please read the comments under the caption “Forward looking statements and risk factors” in Item 1A Risk Factors of this Annual Report on Form 10-K.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 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue64¢$5.3M
- Other costs36¢$3.0M
Out of $8.3M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.6M5 | $11.9M6 | $15.0M7 | $10.6M8 | $12.5M9 | $7.0M10 | $5.6M2 | $8.3M2 |
| Cost of revenue | $16.9M5 | $11.4M6 | $11.0M7 | $8.2M8 | $9.9M9 | $7.3M10 | $4.1M2 | $5.3M2 |
| Gross profit | $2.7M5 | $590.0K6 | $4.0M7 | $2.4M8 | $2.6M9 | -$323.0K10 | $1.5M2 | $3.0M2 |
| Research and development | $100.0K5 | $05 | ||||||
| Operating expenses | $4.3M10 | $3.2M2 | $3.3M2 | |||||
| Operating income | -$1.5M5 | -$3.7M6 | -$449.0K7 | -$1.9M8 | -$2.3M9 | -$4.6M10 | -$1.7M2 | -$364.0K2 |
| Income before tax | -$2.6M10 | -$1.2M2 | $523.0K2 | |||||
| Income tax | $19.0K5 | $05 | $08 | $33.0K9 | $010 | $02 | $02 | |
| Net income | -$1.0M5 | -$2.9M6 | $67.0K7 | -$1.2M8 | $812.0K9 | -$2.6M10 | -$2.0M2 | -$132.0K2 |
| Earnings per share | -$0.175 | -$0.506 | $0.017 | -$0.218 | $0.149 | -$0.4410 | -$0.342 | -$0.022 |
| Earnings per share (diluted) | -$0.175 | -$0.506 | $0.017 | -$0.218 | $0.139 | -$0.4410 | -$0.342 | -$0.022 |
| Shares (weighted, basic) | 5.9M shares10 | 5.9M shares2 | 5.9M shares2 | |||||
| Shares (weighted, diluted) | 5.9M shares10 | 5.9M shares2 | 5.9M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $135.0K6 | $81.0K7 | $410.0K8 | $844.0K8 | $293.0K9 | $245.0K10 | $361.0K2 | $169.0K2 |
| Receivables | $390.0K10 | $486.0K2 | $747.0K2 | |||||
| Inventory | $3.3M10 | $1.2M2 | $2.6M2 | |||||
| Current assets | $9.5M5 | $5.8M6 | $6.3M7 | $7.2M8 | $7.4M9 | $5.5M10 | $4.2M2 | $3.9M2 |
| Property, plant and equipment | $890.0K10 | $703.0K10 | ||||||
| Intangible assets | $118.0K10 | $010 | ||||||
| Total assets | $11.4M5 | $8.0M6 | $7.8M7 | $10.5M8 | $9.9M9 | $7.1M10 | $5.4M2 | $4.7M2 |
| Accounts payable | $1.5M10 | $1.2M2 | $927.0K2 | |||||
| Current liabilities | $3.2M5 | $3.0M6 | $2.9M7 | $6.0M8 | $3.8M9 | $5.0M10 | $5.5M2 | $5.0M2 |
| Long-term debt | $77.0K5 | $23.0K6 | $06 | $07 | ||||
| Total liabilities | $4.0M5 | $3.4M6 | $3.1M7 | $7.1M8 | $5.6M9 | $5.4M10 | $5.6M2 | $5.2M2 |
| Retained earnings | $10.4M10 | $8.4M2 | $8.3M2 | |||||
| Shareholders’ equity | $7.5M6 | $4.6M7 | $4.7M8 | $3.5M9 | $4.3M10 | $1.7M2 | -$279.0K2 | -$411.0K2 |
| Shares outstanding | 5.9M shares14 | 5.9M shares5 | 5.9M shares6 | 5.9M shares7 | 5.9M shares8 | 5.9M shares9 | 5.9M shares10 | 5.9M shares2 |
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 | $752.0K6 | $198.0K7 | $465.0K8 | -$3.5M9 | -$66.0K10 | -$644.0K10 | ||
| Depreciation and amortization | $268.0K10 | $231.0K10 | ||||||
| Stock-based compensation | $02 | $02 | ||||||
| Capital spending | $300.0K5 | $463.0K6 | $152.0K7 | $135.0K8 | $59.0K9 | $79.0K10 | $39.0K2 | $286.0K2 |
| Free cash flow | $289.0K | $46.0K | $330.0K | -$3.6M | -$145.0K | -$683.0K | ||
| Cash from investing | -$79.0K10 | -$40.0K10 | ||||||
| Share buybacks | $4.0K6 | $10.0K7 | ||||||
| Cash from financing | $97.0K10 | $839.0K10 |
What it owns
What VIDEO DISPLAY 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 |
|---|---|---|---|
| Buildings and improvements | $789.0K10 Feb 28, 2023 | $778.0K10 Feb 28, 2022 | +1.4% |
| Machinery and equipment | $5.4M10 Feb 28, 2023 | $5.4M10 Feb 28, 2022 | +0.5% |
| Construction in progress | $9.0K10 Feb 28, 2023 | $010 Feb 28, 2022 | |
| Property and equipment, before depreciation | $6.2M10 Feb 28, 2023 | $6.1M10 Feb 28, 2022 | +0.7% |
| Accumulated depreciation | $5.5M10 Feb 28, 2023 | $5.2M10 Feb 28, 2022 | +4.4% |
| Property and equipment, net | $703.0K10 Feb 28, 2023 | $890.0K10 Feb 28, 2022 | −21.0% |
| Operating-lease assets (leased space) | $180.0K2 Feb 29, 2024 | $354.0K2 Feb 28, 2023 | −49.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $169.0K2 Feb 29, 2024 | $361.0K2 Feb 28, 2023 | −53.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $010 Feb 28, 2023 | $118.0K10 Feb 28, 2022 | −100.0% |
Inventory
Leadership
Who has led VIDEO DISPLAY CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerRonald D. Ordway Jan 18, 2006 to Dec 3, 201515
- PresidentErvin Kuczogi Nov 16, 2006 to Mar 29, 200716
- Chief financial officerGregory Lee Osborn Sep 14, 2011 to Sep 14, 201117
- Chief financial officerMichael Delen Boyd Mar 13, 2006 to Mar 13, 200618
Board members and other officers (10)
- Board memberDavid Saunders Cooper Sep 1, 2011 to Aug 29, 201219
- Board memberRoger Winfield Lusby Iii. Sep 8, 2011 to Aug 29, 201220
- Board memberGregory Lee Osborn Sep 14, 2011 to Sep 14, 201117
- Board memberCarleton E. Sawyer Jul 28, 2010 to Jul 28, 201021
- Board memberMurray G. Fox Dec 17, 2008 to Jan 13, 200922
- Board memberErnest Joseph Thibeault Iii. Jan 9, 2006 to Jul 12, 200623
- Board memberRonald D. Ordway Jan 18, 2006 to Dec 3, 201515
- Board memberCarolyn C. Howard Feb 8, 2006 to Mar 4, 201424
- Board memberPeter Frend May 30, 2006 to Feb 23, 200925
- Board memberErvin Kuczogi Nov 16, 2006 to Nov 17, 200816
Timeline
- Jan 18, 2006New chief executive Ronald D. Ordway becomes CEO15
Filings
18 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 5 other. The latest 18:
- Oct 30, 202415-12G EDGAR
- Oct 15, 202410-Q EDGAR
- Jul 18, 202410-Q EDGAR
- Jul 16, 2024NT 10-Q EDGAR
- Jul 3, 202410-K EDGAR
- Jun 13, 2024NT 10-K EDGAR
- May 29, 2024NT 10-K EDGAR
- Jan 12, 202410-Q EDGAR
- Oct 12, 202310-Q EDGAR
- Jul 17, 202310-Q EDGAR
- May 30, 202310-K EDGAR
- Jan 17, 202310-Q EDGAR
- Oct 17, 202210-Q EDGAR
- Jul 20, 202210-Q EDGAR
- Jul 15, 2022NT 10-Q EDGAR
- May 31, 202210-K EDGAR
- Jan 14, 202210-Q EDGAR
- Oct 15, 202110-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
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 $1.6M
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2021 | $780.1K | $780.1K |
| 2020 | $772.0K | $772.0K |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA26. Matched to this company by name and state.
SEC filer profile
How VIDEO DISPLAY CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVIDEO DISPLAY CORP1
- CIK0000758743
- Employer ID (EIN)58-12175641
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inGeorgia1
- Fiscal year endsFebruary 281
- Industry code (SIC)3670 Electronic Components & Accessories1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address1868 Tucker Industrial Dr, Tucker, GA 300841
- Phone77093820801
- Shares outstanding5,878,290 as of Aug 31, 202413
- Public float$304.1K as of Aug 31, 20232
- On EDGAR sinceFeb 14, 19941
- Filings700 in all: 4 (399), 10-Q (89), 8-K (74), 10-K (24), DEF 14A (20), NT 10-Q (12), SC 13G/A (12), 3 (10)1
All 23 form types
NT 10-K (9), SC 13G (9), UPLOAD (9), 10-Q/A (7), CORRESP (6), 10-K405 (5), 8-K/A (4), DEFR14A (2), PRE 14A (2), S-8 (2), 10-K405/A (1), 15-12G (1), 25-NSE (1), 4/A (1), PRER14A (1)
- Latest filingsAnnual report (10-K) Jul 3, 2024
Quarterly report (10-Q) Oct 15, 2024
Proxy statement (DEF 14A) Nov 4, 2014
Latest 8-K (8-K) Jul 28, 2017
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARErvin Kuczogi, President
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- 19SEC EDGARDavid Saunders Cooper, Board member
- 20
- 21SEC EDGARCarleton E. Sawyer, Board member
- 22SEC EDGARMurray G. Fox, Board member
- 23
- 24SEC EDGARCarolyn C. Howard, Board member
- 25SEC EDGARPeter Frend, Board member
- 26