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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 49,368 $ 51,699
Accounts Receivable - less allowances of $800 and $866, respectively 14,417 14,381
Inventories - Net 14,310 14,559
Other Current Assets 3,526 2,983
Total Current Assets 81,621 83,622
Right-Of-Use Assets - Operating 4,613 4,944
Property and Equipment - Net 10,316 9,700
Goodwill - Net 3,526 3,526
Deferred Taxes 391 365
Other Long Term Assets 3,379 3,734
Total Assets 103,846 105,891
Current Liabilities:    
Accounts Payable 2,078 2,661
Accrued Compensation 1,259 1,989
Accrued Commissions and Sales Incentives 3,372 3,873
Dividends Payable 3,433 3,432
Taxes Payable 710
Lease Liability - Operating 763 712
Other Liabilities 3,654 4,061
Total Current Liabilities 14,559 17,438
Lease Liability - Operating, net of current portion 4,175 4,566
Deferred Taxes 471 181
Other Long Term Liabilities 535 525
Total Liabilities 19,740 22,710
Commitments and Contingencies (Note 6)
Omega Flex, Inc. Shareholders’ Equity:    
Common Stock – par value $0.01 share: authorized 20,000,000 shares: 10,153,633 shares issued and 10,094,322 shares outstanding as of September 30, 2025 and December 31, 2024 102 102
Treasury Stock (1) (1)
Paid-in Capital 11,035 11,025
Retained Earnings 73,995 72,880
Accumulated Other Comprehensive Loss (931) (892)
Total Omega Flex, Inc. Shareholders’ Equity 84,200 83,114
Noncontrolling Interest (94) 67
Total Shareholders’ Equity 84,106 83,181
Total Liabilities and Shareholders’ Equity $ 103,846 $ 105,891