<SEC-DOCUMENT>0001376474-25-000657.txt : 20250723
<SEC-HEADER>0001376474-25-000657.hdr.sgml : 20250723
<ACCEPTANCE-DATETIME>20250723164914
ACCESSION NUMBER:		0001376474-25-000657
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20250723
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20250723
DATE AS OF CHANGE:		20250723

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		251143656

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703
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<p style="font:12pt Times New Roman;margin-top:0pt;margin-bottom:5pt;text-align:center"><span style="font-size:18pt"><b>UNITED STATES</b></span><br/><span style="font-size:18pt"><b>SECURITIES AND EXCHANGE COMMISSION</b></span><br/><span style="font-size:10pt"><b>Washington, D.C.&#160;&#160;20549</b></span></p>
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<p style="font:12pt Times New Roman;margin:0;text-align:center"><b>CURRENT REPORT</b><br/><b>Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</b></p>
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<p style="font:10pt Times New Roman;margin:0"><br/>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):<br/><br/><span style="font-family:Segoe UI Symbol"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="D250723" format="ixt-sec:boolballotbox" id="ixv-283">&#9744;</ix:nonNumeric> </span>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br/><br/><span style="font-family:Segoe UI Symbol"><ix:nonNumeric name="dei:SolicitingMaterial" contextRef="D250723" format="ixt-sec:boolballotbox" id="ixv-284">&#9744;</ix:nonNumeric></span> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br/><br/><span style="font-family:Segoe UI Symbol"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="D250723" format="ixt-sec:boolballotbox" id="ixv-285">&#9744;</ix:nonNumeric></span> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br/><br/><span style="font-family:Segoe UI Symbol"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="D250723" format="ixt-sec:boolballotbox" id="ixv-286">&#9744;</ix:nonNumeric></span> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br/>&#160;<br/>Securities registered pursuant to Section 12(b) of the Act:</p>
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<p style="font:10pt Times New Roman;margin:0">&#160; <br/>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>
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<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160;<span style="font-family:Segoe UI Symbol">&#9744;</span></p>
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<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0"><b>Item 2.02. Results of Operations and Financial Condition.</b></p>
<p style="font:10pt Times New Roman;margin:0;text-indent:9pt">Furnished as Exhibit 99 is a press release of NVE Corporation reporting results for the quarter ended June&#160;30, 2025.</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0"><b>Item 8.01. Other Events.</b></p>
<p style="font:10pt Times New Roman;margin:0;text-indent:9pt">NVE Corporation announced that its Board of Directors approved a quarterly cash dividend to shareholders of $1.00&#160;per share of common stock, payable August&#160;29, 2025 to shareholders of record as of August&#160;4, 2025.</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:12pt Times New Roman;margin:0;text-align:center"><span style="font-size:10pt">2</span></p>
<hr style="page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0"/><p style="line-height:0;margin:0"></p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0;text-align:center"><b>SIGNATURE</b></p>
<p style="font:10pt Times New Roman;margin:0;text-align:center">&#160;</p>
<p style="font:12pt Times New Roman;margin:0;text-indent:9pt"><span style="font-size:10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span><br/><span style="font-size:10pt">&#160;</span></p>
<table style="border-collapse:collapse;width:100%"><tr><td valign="top" style="width:33%"><p style="font:12pt Times New Roman;margin:0"><span style="font-size:10pt">Date&#160;&#160;</span><span style="font-size:10pt;border-bottom:1px solid #000000"><b>Jul</b><b>y</b><b> </b><b>23</b><b>, 202</b><b>5</b></span></p>
</td><td valign="middle" style="width:34%"><p style="font:10pt Times New Roman;margin:0;text-align:center"><span style="border-bottom:1px solid #000000"><b>NVE CORPORATION</b></span><br/>(Registrant)<br/></p>
<p style="font:12pt Times New Roman;margin:0;text-align:center"><br/><span style="font-size:10pt;border-bottom:1px solid #000000">&#160;/s/&#160;DANIEL NELSON</span><br/><span style="font-size:10pt">Daniel Nelson</span><br/><span style="font-size:10pt">Principal Financial Officer</span></p>
</td><td valign="middle" style="width:33%"><p style="font:12pt Times New Roman;margin:0;text-align:center">&#160;</p>
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<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0;text-align:center">3</p>
<hr style="page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0"/><p style="line-height:0;margin:0"></p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:12pt Times New Roman;margin-top:0pt;margin-bottom:12pt;text-align:center"><span style="font-size:10pt"><b>INDEX TO EXHIBITS</b></span></p>
<table style="border-collapse:collapse;width:100%"><tr><td valign="middle" style="width:8.08%"><p style="font:12pt Times New Roman;margin:0;text-align:center"><span style="font-size:10pt;border-bottom:1px solid #000000"><b>Exhibit&#160;#</b></span></p>
</td><td valign="middle" style="width:91.92%"><p style="font:12pt Times New Roman;margin:0;text-align:center"><span style="font-size:10pt;border-bottom:1px solid #000000"><b>Description</b></span></p>
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<tr><td valign="top"><p style="font:12pt Times New Roman;margin:0;text-align:center"><span style="font-size:10pt">99</span></p>
</td><td valign="middle"><p style="font:12pt Times New Roman;margin:0"><span style="font-size:10pt;color:#0000FF;border-bottom:1px solid #0000FF"><a href="nve_ex99.htm" style="text-decoration:none">Press release of NVE Corporation reporting results for the quarter ended </a><a href="nve_ex99.htm" style="text-decoration:none">June</a><a href="nve_ex99.htm" style="text-decoration:none">&#160;3</a><a href="nve_ex99.htm" style="text-decoration:none">0</a><a href="nve_ex99.htm" style="text-decoration:none">, 202</a><a href="nve_ex99.htm" style="text-decoration:none">5</a><a href="nve_ex99.htm" style="text-decoration:none"> and announcing a quarterly dividend.</a></span></p>
<p style="font:12pt Times New Roman;margin:0">&#160;</p>
</td></tr>
<tr><td valign="top"><p style="font:10pt Times New Roman;margin:0;text-align:center">104</p>
</td><td valign="middle"><p style="font:10pt Times New Roman;margin:0">Cover Page Interactive Data File (embedded within the Inline XBRL document).</p>
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<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
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<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:10pt Times New Roman;margin:0">&#160;</p>
<p style="font:12pt Times New Roman;margin:0;text-align:center"><span style="font-size:10pt">4</span></p>
<p style="font:12pt Times New Roman;margin:0">&#160;</p>
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<DIV style=margin-left:59.05pt;width:493.9pt><P align=center style='font:12pt Arial;margin:0'><FONT style='font-family:Times New Roman'><IMG src=nveex99_1.jpg width=646 height=70></FONT>&nbsp;</P>
<P align=center style='font:12pt Arial;margin:0'>&nbsp;</P>
<P align=center style='font:12pt Arial;margin:0'><B>NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>EDEN PRAIRIE, Minn.&#8212;July&#160;23, 2025&#8212;NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter ended June&#160;30, 2025.<BR><BR>Total revenue for the first quarter of fiscal 2026 decreased 10% to $6.10&#160;million from $6.78&#160;million for the prior-year quarter. The decrease was due to an 11% decrease in product sales, partially offset by a 17% increase in contract research and development revenue. Net income for the first quarter of fiscal 2026 decreased 13% to $3.58&#160;million, or $0.74&#160;per diluted share, compared to $4.10 million, or $0.85&#160;per share, for the prior-year quarter.<BR><BR>The company also announced a quarterly cash dividend to shareholders of $1.00&#160;per share of common stock, payable August&#160;29, 2025 to shareholders of record as of August&#160;4, 2025.<BR><BR>&#8220;We&#8217;re pleased to report strong revenue and earnings despite a decrease in defense product sales,&#8221; said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D.<BR><BR>NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.<BR><BR><B>Statements used in this press release that relate to future plans, events, financial results, or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as our reliance on several large customers for a significant percentage of revenue, uncertainties related to the economic environments in the industries we serve, uncertainties related to future sales and revenues, risks and uncertainties related to tariffs, customs, duties, and other trade barriers, as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March&#160;31,&#160;2025.</B><BR>&#160;</P>
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<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>Contact: <FONT style='color:#0000FF;border-bottom:1px solid #0000FF'>investor@nve.com</FONT></P>
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<TABLE align=center style=border-collapse:collapse;width:450pt><TR><TD colspan=8 valign=middle><P align=center style='font:10pt Times New Roman;margin:0'><B>NVE CORPORATION </B><BR><B>STATEMENTS OF INCOME </B><BR><B>QUARTERS ENDED JUNE 30, 2025 AND 2024</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Unaudited)<BR>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD colspan=7 valign=middle style='border-bottom:0.75pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>Quarter Ended June 30,</B></P>
</TD></TR>
<TR><TD valign=middle><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD colspan=3 valign=middle style='border-bottom:0.75pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>2025</B></P>
</TD><TD valign=middle style=width:1.96%><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD colspan=3 valign=middle style='border-bottom:0.75pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>2024</B></P>
</TD></TR>
<TR><TD colspan=8 valign=middle><P style='font:10pt Times New Roman;margin:0'>Revenue</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0;margin-left:9.35pt'>Product sales</P>
</TD><TD valign=middle style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>5,908,570</P>
</TD><TD valign=middle style=width:0.96%><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>6,615,859</P>
</TD><TD valign=middle style=width:0.96%><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0;margin-left:9.35pt'>Contract research and development</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>196,074</P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>167,385</P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Total revenue, net</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>6,104,644</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>6,783,244</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Cost of sales</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>1,182,523</FONT></P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>975,494</P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Gross profit</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>4,922,121</FONT></P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>5,807,750</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Expenses</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0;margin-left:9pt'>Research and development</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>720,231</FONT></P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>878,528</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0;margin-left:9pt'>Selling, general, and administrative</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>418,640</FONT></P>
</TD><TD valign=middle style='border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle style='border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>540,404</P>
</TD><TD valign=middle style='border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Total expenses</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>1,138,871</FONT></P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>1,418,932</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Income from operations</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>3,783,250</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>4,388,818</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Interest income</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>498,208</FONT></P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>493,959</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Other income</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>811</FONT></P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>-</P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Income before taxes</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>4,282,269</FONT></P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.12%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>4,882,777</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Provision for income taxes</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>706,451</FONT></P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>785,190</P>
</TD><TD valign=middle style='border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=top><P style='font:10pt Times New Roman;margin:0'>Net income</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>3,575,818</FONT></P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:1.12%;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>4,097,587</P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=top><P style='font:10pt Times New Roman;margin:0'>Net income per share &#8211;&nbsp;basic</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>0.74</P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>0.85</P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=top><P style='font:10pt Times New Roman;margin:0'>Net income per share &#8211;&nbsp;diluted</P>
</TD><TD valign=bottom style='width:1.14%;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:11.96%;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>0.74</P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=top style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>0.85</P>
</TD><TD valign=middle style='border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Weighted average shares outstanding</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Basic</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom bgcolor=#FFFFFF style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>4,837,166</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P align=right style='font:10pt Times New Roman;margin:0'>4,833,676</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>Diluted</P>
</TD><TD valign=bottom style=width:1.14%><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:11.96%><P align=right style='font:10pt Times New Roman;margin:0'>4,838,877</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=middle><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom><P align=right style='font:10pt Times New Roman;margin:0'>4,838,995</P>
</TD><TD valign=middle><P align=right style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
</TABLE>
<P style='font:10pt Times New Roman;margin:0'>&#160;</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:450pt><TR><TD colspan=4 valign=bottom><P align=center style='font:10pt Times New Roman;margin:0'><B>NVE CORPORATION</B><BR><B>BALANCE SHEETS</B><BR><B>JUNE 30 AND MARCH 31, 2025</B></P>
</TD></TR>
<TR><TD valign=middle><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:1.96%><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
</TABLE>
<TABLE align=center style=border-collapse:collapse;width:109.34%><TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD colspan=2 valign=bottom style='padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'>(Unaudited)</P>
<P align=center style='font:10pt Times New Roman;margin:0'><B>June 30,</B><BR><B>2025</B></P>
</TD><TD valign=bottom style=padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD colspan=2 valign=bottom style='padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>March&#160;31, </B><BR><B>2025</B></P>
</TD><TD valign=bottom style='padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=width:70%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>ASSETS</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Current assets</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Cash and cash equivalents</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>3,222,552</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>8,036,564</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:-8.25pt;margin-left:17.25pt'>Marketable securities, short-term (amortized cost of $12,610,115 as of June&#160;30, 2025, <BR>and $13,730,266 as of March&#160;31, 2025)</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>12,607,242</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>13,691,593</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:-9pt;margin-left:17.45pt'>Accounts receivable, net of allowance for credit losses of $15,000</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>2,253,821</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>3,589,268</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Inventories, net</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>7,453,369</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>7,449,083</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Prepaid expenses and other assets</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>630,171</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>433,414</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total current assets</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;color:#FF0000'><FONT style=color:#000000>26,167,155</FONT></P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>33,199,922</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Fixed assets</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Machinery and equipment</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>12,816,729</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>11,758,205</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Leasehold improvements</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>1,956,309</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>1,956,309</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>14,773,038</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>13,714,514</P>
</TD><TD valign=bottom style=width:0.96%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Less accumulated depreciation and amortization</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>11,813,014</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>11,727,615</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Net fixed assets</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>2,960,024</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,986,899</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Deferred tax assets</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,849,001</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,867,069</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:-12.75pt;margin-left:12.75pt'>Marketable securities, long-term (amortized cost of $31,679,330 as of as of June&#160;30, 2025, <BR>and $26,353,692 as of March&#160;31, 2025)</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>31,690,932</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>26,304,623</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Right-of-use asset &#8211;&nbsp;operating lease</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>886,451</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>917,349</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total assets</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>63,553,563</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>64,275,862</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>LIABILITIES AND SHAREHOLDERS&#8217; EQUITY</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Current liabilities</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Accounts payable</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>177,214</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>214,691</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Accrued payroll and other</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,394,428</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>871,169</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Operating lease</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>53,817</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>83,010</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total current liabilities</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,625,459</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>1,168,870</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Long-term operating lease liability</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>838,481</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>838,221</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total liabilities</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>2,463,940</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>2,007,091</P>
</TD><TD valign=bottom style=width:0.96%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Shareholders&#8217; equity</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:-9pt;margin-left:18pt'>Common stock</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>48,372</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>48,372</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Additional paid-in capital</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>19,827,944</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>19,821,106</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Accumulated other comprehensive income (loss)</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>6,818</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style=width:1%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1.02%;padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:12%;padding:0.25pt><P align=right style='font:10pt Times New Roman;margin:0'>(68,544</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>)</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0;text-indent:9pt'>Retained earnings</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>41,206,489</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>42,467,837</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total shareholders&#8217; equity</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>61,089,623</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:0.4pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:0.75pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0'>62,268,771</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
<TR><TD valign=bottom style=padding:0.25pt><P style='font:10pt Times New Roman;margin:0'>Total liabilities and shareholders&#8217; equity</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>63,553,563</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style=width:1%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD><TD valign=bottom style='width:1.02%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:3px double #000000'><P style='font:10pt Times New Roman;margin:0'>$</P>
</TD><TD valign=bottom style='width:12%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:1.1pt;padding-right:0.25pt;border-top:0.75pt solid #000000;border-bottom:3px double #000000'><P align=right style='font:10pt Times New Roman;margin:0'>64,275,862</P>
</TD><TD valign=bottom style=width:0.96%;padding-top:0.25pt;padding-left:0.25pt;padding-bottom:2.5pt;padding-right:0.25pt><P style='font:10pt Times New Roman;margin:0'>&#160;</P>
</TD></TR>
</TABLE>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
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<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>3
<FILENAME>nvec-20250723_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
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<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
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		xmlns:fil="http://nve.com/20250723"
		xmlns:link="http://www.xbrl.org/2003/linkbase"
		xmlns:xlink="http://www.w3.org/1999/xlink"
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	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
	<link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
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<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>nvec-20250723_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
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<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
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		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications' xlink:label='dei_WrittenCommunications'/>
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		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol' xlink:label='dei_TradingSymbol'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_TradingSymbol' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Trading Symbol</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_TradingSymbol' xlink:to='lab_dei_TradingSymbol'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial' xlink:label='dei_SolicitingMaterial'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_SolicitingMaterial' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Soliciting Material</link:label>
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		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressDescription' xlink:label='dei_EntityAddressAddressDescription'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityAddressAddressDescription' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Address, Address Description</link:label>
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		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince' xlink:label='dei_EntityAddressStateOrProvince'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityAddressStateOrProvince' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Address, State or Province</link:label>
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		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentEffectiveDate' xlink:label='dei_DocumentEffectiveDate'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentEffectiveDate' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Effective Date</link:label>
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		<link:label xlink:type='resource' xlink:label='lab_dei_EntityEmergingGrowthCompany' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Emerging Growth Company</link:label>
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		<link:label xlink:type='resource' xlink:label='lab_dei_LocalPhoneNumber' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Local Phone Number</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_LocalPhoneNumber' xlink:to='lab_dei_LocalPhoneNumber'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag' xlink:label='dei_AmendmentFlag'/>
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		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_AmendmentFlag' xlink:to='lab_dei_AmendmentFlag'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer' xlink:label='dei_PreCommencementIssuerTenderOffer'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_PreCommencementIssuerTenderOffer' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Pre-commencement Issuer Tender Offer</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_PreCommencementIssuerTenderOffer' xlink:to='lab_dei_PreCommencementIssuerTenderOffer'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode' xlink:label='dei_CityAreaCode'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_CityAreaCode' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>City Area Code</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_CityAreaCode' xlink:to='lab_dei_CityAreaCode'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate' xlink:label='dei_CurrentFiscalYearEndDate'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_CurrentFiscalYearEndDate' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Fiscal Year End</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_CurrentFiscalYearEndDate' xlink:to='lab_dei_CurrentFiscalYearEndDate'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1' xlink:label='dei_EntityAddressAddressLine1'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityAddressAddressLine1' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Address, Address Line One</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityAddressAddressLine1' xlink:to='lab_dei_EntityAddressAddressLine1'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber' xlink:label='dei_EntityTaxIdentificationNumber'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityTaxIdentificationNumber' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Tax Identification Number</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityTaxIdentificationNumber' xlink:to='lab_dei_EntityTaxIdentificationNumber'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType' xlink:label='dei_DocumentType'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentType' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Type</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_DocumentType' xlink:to='lab_dei_DocumentType'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TextBlockAbstract' xlink:label='us-gaap_TextBlockAbstract'/>
		<link:label xlink:type='resource' xlink:label='lab_us-gaap_TextBlockAbstract' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Details</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='us-gaap_TextBlockAbstract' xlink:to='lab_us-gaap_TextBlockAbstract'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown' xlink:label='dei_EntityAddressCityOrTown'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityAddressCityOrTown' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Address, City or Town</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityAddressCityOrTown' xlink:to='lab_dei_EntityAddressCityOrTown'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName' xlink:label='dei_SecurityExchangeName'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_SecurityExchangeName' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Security Exchange Name</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_SecurityExchangeName' xlink:to='lab_dei_SecurityExchangeName'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PhoneFaxNumberDescription' xlink:label='dei_PhoneFaxNumberDescription'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_PhoneFaxNumberDescription' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Phone Fax Number Description</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_PhoneFaxNumberDescription' xlink:to='lab_dei_PhoneFaxNumberDescription'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName' xlink:label='dei_EntityRegistrantName'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityRegistrantName' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Registrant Name</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityRegistrantName' xlink:to='lab_dei_EntityRegistrantName'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate' xlink:label='dei_DocumentPeriodEndDate'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_DocumentPeriodEndDate' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Document Period End Date</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_DocumentPeriodEndDate' xlink:to='lab_dei_DocumentPeriodEndDate'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode' xlink:label='dei_EntityAddressPostalZipCode'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityAddressPostalZipCode' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Address, Postal Zip Code</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityAddressPostalZipCode' xlink:to='lab_dei_EntityAddressPostalZipCode'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle' xlink:label='dei_Security12bTitle'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_Security12bTitle' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Title of 12(b) Security</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_Security12bTitle' xlink:to='lab_dei_Security12bTitle'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber' xlink:label='dei_EntityFileNumber'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityFileNumber' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Securities Act File Number</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityFileNumber' xlink:to='lab_dei_EntityFileNumber'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer' xlink:label='dei_PreCommencementTenderOffer'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_PreCommencementTenderOffer' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Pre-commencement Tender Offer</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_PreCommencementTenderOffer' xlink:to='lab_dei_PreCommencementTenderOffer'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode' xlink:label='dei_EntityIncorporationStateCountryCode'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityIncorporationStateCountryCode' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Entity Incorporation, State or Country Code</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityIncorporationStateCountryCode' xlink:to='lab_dei_EntityIncorporationStateCountryCode'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey' xlink:label='dei_EntityCentralIndexKey'/>
		<link:label xlink:type='resource' xlink:label='lab_dei_EntityCentralIndexKey' xlink:role='http://www.xbrl.org/2003/role/label' xml:lang='en-US'>Registrant CIK</link:label>
		<link:labelArc order='1.0' xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/concept-label' xlink:from='dei_EntityCentralIndexKey' xlink:to='lab_dei_EntityCentralIndexKey'/>
	</link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>nvec-20250723_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
<!-- Produced by edgar-services.com using EDGARsuite software, Advanced Computer Innovations, Inc., Copyright (C) 2008-2025 [PPWGG7LDR1F0VAGXGULV]. www.edgarsuite.com -->
<link:linkbase xmlns="http://www.xbrl.org/2003/linkbase"
		xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
		xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"
		xmlns:fil="http://nve.com/20250723"
		xmlns:link="http://www.xbrl.org/2003/linkbase"
		xmlns:xlink="http://www.w3.org/1999/xlink"
		xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
		xmlns:xbrli="http://www.xbrl.org/2003/instance">
	<link:roleRef roleURI="http://nve.com/20250723/role/idr_DocumentDocumentAndEntityInformation" xlink:type="simple" xlink:href="nvec-20250723.xsd#idr_DocumentDocumentAndEntityInformation"/>
	<link:presentationLink xlink:type="extended" xlink:role="http://nve.com/20250723/role/idr_DocumentDocumentAndEntityInformation">
		<link:loc xlink:type='locator' xlink:href='https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TextBlockAbstract' xlink:label='us-gaap_TextBlockAbstract'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey' xlink:label='dei_EntityCentralIndexKey'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityCentralIndexKey' use='optional' order='1.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate' xlink:label='dei_CurrentFiscalYearEndDate'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_CurrentFiscalYearEndDate' use='optional' order='2.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType' xlink:label='dei_DocumentType'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_DocumentType' use='optional' order='3.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate' xlink:label='dei_DocumentPeriodEndDate'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_DocumentPeriodEndDate' use='optional' order='4.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentEffectiveDate' xlink:label='dei_DocumentEffectiveDate'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_DocumentEffectiveDate' use='optional' order='5.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName' xlink:label='dei_EntityRegistrantName'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityRegistrantName' use='optional' order='6.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode' xlink:label='dei_EntityIncorporationStateCountryCode'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityIncorporationStateCountryCode' use='optional' order='7.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber' xlink:label='dei_EntityFileNumber'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityFileNumber' use='optional' order='8.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber' xlink:label='dei_EntityTaxIdentificationNumber'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityTaxIdentificationNumber' use='optional' order='9.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1' xlink:label='dei_EntityAddressAddressLine1'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityAddressAddressLine1' use='optional' order='10.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown' xlink:label='dei_EntityAddressCityOrTown'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityAddressCityOrTown' use='optional' order='11.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince' xlink:label='dei_EntityAddressStateOrProvince'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityAddressStateOrProvince' use='optional' order='12.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode' xlink:label='dei_EntityAddressPostalZipCode'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityAddressPostalZipCode' use='optional' order='13.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressDescription' xlink:label='dei_EntityAddressAddressDescription'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityAddressAddressDescription' use='optional' order='14.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PhoneFaxNumberDescription' xlink:label='dei_PhoneFaxNumberDescription'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_PhoneFaxNumberDescription' use='optional' order='15.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode' xlink:label='dei_CityAreaCode'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_CityAreaCode' use='optional' order='16.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber' xlink:label='dei_LocalPhoneNumber'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_LocalPhoneNumber' use='optional' order='17.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications' xlink:label='dei_WrittenCommunications'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_WrittenCommunications' use='optional' order='18.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial' xlink:label='dei_SolicitingMaterial'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_SolicitingMaterial' use='optional' order='19.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer' xlink:label='dei_PreCommencementTenderOffer'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_PreCommencementTenderOffer' use='optional' order='20.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer' xlink:label='dei_PreCommencementIssuerTenderOffer'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_PreCommencementIssuerTenderOffer' use='optional' order='21.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle' xlink:label='dei_Security12bTitle'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_Security12bTitle' use='optional' order='22.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol' xlink:label='dei_TradingSymbol'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_TradingSymbol' use='optional' order='23.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName' xlink:label='dei_SecurityExchangeName'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_SecurityExchangeName' use='optional' order='24.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany' xlink:label='dei_EntityEmergingGrowthCompany'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_EntityEmergingGrowthCompany' use='optional' order='25.0'/>
		<link:loc xlink:type='locator' xlink:href='https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag' xlink:label='dei_AmendmentFlag'/>
		<link:presentationArc xlink:type='arc' xlink:arcrole='http://www.xbrl.org/2003/arcrole/parent-child' xlink:from='us-gaap_TextBlockAbstract' xlink:to='dei_AmendmentFlag' use='optional' order='26.0'/>
	</link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>6
<FILENAME>nvec-20250723.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version='1.0' encoding='iso-8859-1'?>
<!-- Produced by edgar-services.com using EDGARsuite software, Advanced Computer Innovations, Inc., Copyright (C) 2008-2025 [PPWGG7LDR1F0VAGXGULV]. www.edgarsuite.com -->
<schema attributeFormDefault='unqualified' elementFormDefault='qualified' targetNamespace='http://nve.com/20250723' xmlns='http://www.w3.org/2001/XMLSchema' xmlns:xbrli='http://www.xbrl.org/2003/instance' xmlns:fil='http://nve.com/20250723' xmlns:link='http://www.xbrl.org/2003/linkbase' xmlns:xlink='http://www.w3.org/1999/xlink' xmlns:xsi='http://www.w3.org/2001/XMLSchema-instance' xmlns:xbrldi='http://xbrl.org/2006/xbrldi' xmlns:xbrldt='http://xbrl.org/2005/xbrldt' xmlns:dei='http://xbrl.sec.gov/dei/2025'>
	<annotation>
		<appinfo>
			<link:linkbaseRef xlink:type="simple" xlink:href="nvec-20250723_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
			<link:linkbaseRef xlink:type="simple" xlink:href="nvec-20250723_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
			<link:linkbaseRef xlink:type="simple" xlink:href="nvec-20250723_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase"/>
			<link:roleType roleURI="http://nve.com/20250723/role/idr_DocumentDocumentAndEntityInformation" id="idr_DocumentDocumentAndEntityInformation">
				<link:definition>000010 - Document - Document and Entity Information</link:definition>
				<link:usedOn>link:presentationLink</link:usedOn>
				<link:usedOn>link:definitionLink</link:usedOn>
				<link:usedOn>link:calculationLink</link:usedOn>
			</link:roleType>
		</appinfo>
	</annotation>
	<import schemaLocation='https://www.xbrl.org/dtr/type/2024-01-31/types.xsd' namespace='http://www.xbrl.org/dtr/type/2024-01-31'/>
	<import schemaLocation='http://www.xbrl.org/2005/xbrldt-2005.xsd' namespace='http://xbrl.org/2005/xbrldt'/>
	<import schemaLocation='http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd' namespace='http://www.xbrl.org/2003/instance'/>
	<import schemaLocation='https://xbrl.sec.gov/dei/2025/dei-2025.xsd' namespace='http://xbrl.sec.gov/dei/2025'/>
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>nveex99_1.jpg
<DESCRIPTION>IMAGE
<TEXT>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Jul. 23, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Details</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Registrant CIK</a></td>
<td class="text">0000724910<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jul. 23,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentEffectiveDate', window );">Document Effective Date</a></td>
<td class="text">Jul. 23,  2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">NVE Corp<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MN<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Securities Act File Number</a></td>
<td class="text">000-12196<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">41-1424202<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">11409 Valley View Road<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Eden Prairie<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MN<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">55344<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressDescription', window );">Entity Address, Address Description</a></td>
<td class="text">Address of principal executive offices<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PhoneFaxNumberDescription', window );">Phone Fax Number Description</a></td>
<td class="text">Registrant&#8217;s telephone number, including area code<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">952<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">829-9217<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">NVEC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentEffectiveDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The date when a document, upon receipt and acceptance, becomes officially effective, in YYYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentEffectiveDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of the kind of address for the entity, if needed to distinguish more finely among mailing, principal, legal, accounting, contact or other addresses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PhoneFaxNumberDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of Phone or Fax Number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PhoneFaxNumberDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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