BK Technologies Corp
Business
BK Technologies Corporation is a holding company that designs, manufactures and markets Project 25 compliant two-way land mobile radios (portable and mobile units) and smartphone-based solutions for public safety, military and government customers. The company's Radio product group offers BKR and KNG series digital and analog radios in VHF, UHF and 700-800 MHz bands; its Solutions group provides SaaS applications including InteropONE push-to-talk-over-cellular, LocateONE asset tracking and RelayONE portable repeaters. BK serves primarily U.S. government and public safety markets through direct sales and two-way communications dealers, competing primarily on price, quality and responsiveness against larger competitors like Motorola Solutions.
Summary from 10-K filed 2026-03-12
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales, net | 86 | 77 | 74 | — | — | |
| Cost of products | 44 | 48 | 52 | 41 | — | |
| Gross margin | 42 | 29 | — | — | — | |
| Engineering and product development | 11 | 8 | — | — | — | |
| Marketing and selling | 8 | 6 | — | — | — | |
| General and administrative | 8 | 7 | — | — | — | |
| Total selling, general and administrative expenses | 26 | 21 | 23 | 21 | 17 | |
| Operating income | 16 | 8 | −800,000 | −11 | −1 | |
| Net interest income (expense) | 265,000 | −266,000 | −575,000 | — | — | |
| Gain on disposal of property, plant, and equipment | 0 | 2,000 | 0 | — | 40,000 | |
| (Loss) on investments | 0 | −91,000 | −740,000 | −313,000 | −219,000 | |
| Other (expense) | −135,000 | −98,000 | −84,000 | — | — | |
| Total other income (expense) | 130,000 | −453,000 | −1 | — | −318,000 | |
| Income before income taxes | 16 | 7 | −2 | −12 | −2 | |
| Provision for income tax (expense) benefit | −3 | 984,000 | −54,000 | 0 | −187,000 | |
| Net income | 14 | 8 | −2 | −12 | −2 | |
| Net income per share-basic (in dollars per share) | 3.69 | 2.35 | −0.65 | — | −0.11 | |
| Net income per share-diluted (in dollars per share) | 3.44 | 2.25 | −0.65 | — | −0.11 | |
| Weighted average shares outstanding-basic (in shares) | 4 | 4 | 3 | 16,911 | 14,941 | |
| Weighted average shares outstanding-diluted (in shares) | 4 | 4 | 3 | — | 15 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 23 | 7 | 3 | 2 | 11 | |
| Trade accounts receivable, net | 7 | 7 | 8 | 11 | 8 | |
| Inventories, net | 16 | 18 | 24 | 22 | 17 | |
| Prepaid expenses and other current assets | 3 | 5 | 2 | 2 | 2 | |
| Total current assets | 49 | 37 | 37 | 36 | 37 | |
| Property, plant and equipment, net | 4 | 5 | 5 | 5 | 5 | |
| Operating lease right-of-use (ROU) assets | 2 | 1 | 2 | 2 | 2 | |
| Deferred tax assets, net | 5 | 7 | 4 | 4 | 4 | |
| Capitalized software and systems integration costs | 3 | 1 | — | — | — | |
| Other assets | 471,000 | 410,000 | 422,000 | 143,000 | 98,000 | |
| Total assets | 64 | 51 | 49 | 49 | 50 | |
| Accounts payable | 5 | 6 | 10 | 13 | 6 | |
| Accrued compensation and related taxes | 2 | 2 | 1 | — | 1 | |
| Accrued warranty expense | 760,000 | 1 | 722,000 | — | — | |
| Accrued other expenses and other current liabilities | 335,000 | 2 | 363,000 | 700,000 | 938,000 | |
| Short-term operating lease liabilities | 610,000 | 571,000 | 525,000 | 485,000 | — | |
| Deferred revenue | 3 | 2 | 1 | — | — | |
| Total current liabilities | 12 | 14 | 20 | 23 | 12 | |
| Long term operating lease liabilities | 965,000 | 714,000 | 1 | 2 | — | |
| Deferred revenue | 6 | 7 | 6 | — | — | |
| Total liabilities | 19 | 22 | 28 | 29 | 18 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred stock; $1.00 par value; 1,000,000 authorized shares; none issued or outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock; $0.60 par value; 10,000,000 authorized shares; 4,092,056 and 3,913,959 issued and 3,733,733 and 3,571,879 outstanding shares as of December 31, 2025 and 2024, respectively | 2 | 2 | 2 | 2 | 11 | |
| Additional paid-in capital | 52 | 49 | 49 | 45 | 36 | |
| Accumulated deficit | −2 | −16 | −24 | −22 | −9 | |
| Treasury stock, at cost, 358,323 and 342,080 shares as of December 31, 2025, and 2024, respectively | −7 | −6 | −5 | — | — | |
| Total stockholders equity | 45 | 30 | 21 | 20 | 33 | |
| Total liabilities and stockholders equity | 64 | 51 | 49 | 49 | 50 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Allowance for credit losses | 59,000 | 122,000 | 0 | — | — | |
| Inventory allowance | 890,000 | 367,000 | 591,000 | — | 700,000 | |
| Amortization of deferred finance and other assets | 0 | 75,000 | 150,000 | — | — | |
| Deferred tax expense (benefit) | 2 | −3 | 0 | 0 | — | |
| Depreciation and amortization | 2 | 2 | 2 | 1 | 1 | |
| Loss on investment | 0 | 91,000 | 740,000 | — | — | |
| (Gain) on sale of equipment | 0 | −2,000 | 0 | — | 72 | |
| Trade accounts receivable | 69,000 | 431,000 | 3 | −3 | −2 | |
| Inventories | 884,000 | 6 | −2 | −5 | −7 | |
| Prepaid expenses and other current assets | 2 | −3 | −314,000 | 56,000 | 244,000 | |
| Other assets | −61,000 | 12,000 | −279,000 | −45,000 | 14,000 | |
| Operating lease ROU assets and lease liabilities | −84,000 | −68,000 | −54,000 | −38,000 | −23,000 | |
| Accounts payable | −2 | −3 | −3 | — | 764,000 | |
| Accrued compensation and related taxes | 134,000 | 987,000 | 159,000 | 44,000 | −536,000 | |
| Accrued warranty expense | −248,000 | 286,000 | 131,000 | 58,000 | — | |
| Deferred revenue | 323,000 | 1 | 3 | — | — | |
| Accrued other expenses and other current liabilities | −2 | 2 | −338,000 | — | — | |
| Net cash provided by operating activities | 19 | 13 | 2 | −9 | −6 | |
| Purchases of property, plant and equipment | −1 | −1 | −2 | −2 | −2 | |
| Capitalized software and systems integration costs | −2 | −1 | — | — | — | |
| Proceeds for disposal of property, plant and equipment | 2,000 | 0 | — | — | — | |
| Net cash (used in) investing activities | −3 | −3 | −2 | −2 | −2 | |
| Proceeds from exercise of common stock options | 598,000 | 32,000 | 1 | 0 | 11,559 | |
| Repurchase of common stock | −1 | 0 | — | — | 0 | |
| Proceeds from credit facility and notes payable | 0 | 46 | 75 | — | — | |
| Repayment of credit facility and notes payable | 0 | −53 | −75 | — | — | |
| Net cash (used in) financing activities | −595,000 | −7 | 2 | 2 | 12 | |
| Net change in cash and cash equivalents | 16 | 4 | 2 | −9 | 4 | |
| Interest paid | 0 | 357,000 | 660,000 | 190,000 | 53,000 | |
| Common stock issued under restricted stock units | 732,000 | 376,000 | 890,000 | — | — | |
| Cashless exercise of stock options, warrants and related conversion of net shares to stockholders equity | 146,000 | 30,000 | 4,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BK Technologies Corp's CIK number?
BK Technologies Corp's SEC CIK number is 0000002186 (2186). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BK Technologies Corp's SEC filings?
All of BK Technologies Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BK Technologies Corp last report earnings?
BK Technologies Corp (BKTI) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-016871). This is BK Technologies Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is BK Technologies Corp's most recent earnings 8-K?
BK Technologies Corp's latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001437749-26-016871. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BK Technologies Corp's latest earnings 8-K →
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