# Nortech Systems Inc (NSYS)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/nortech-systems-inc/ JSON: https://steadybase.io/company/nortech-systems-inc.json Checked Nov 10, 2026. Latest filing read: Aug 12, 2026.

## Company

- Legal name: NORTECH SYSTEMS INC
- Ticker: NSYS (Nasdaq)
- SEC CIK: 0000722313
- Industry: Electronic Components, NEC (SIC 3679)
- Headquarters: Maple Grove, MN
- Fiscal year ends: December 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: nortechsys.com
- LinkedIn: https://www.linkedin.com/company/nortech-systems
- Next earnings date: Nov 12, 2026

## Key facts

- Revenue: $12.2M for the fiscal year ended Dec 31, 2025 (10-Q filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226037344/0001493152-26-037344-index.html
- Operating income: $975,000 for the fiscal year ended Dec 31, 2025 (10-K/A filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226016795/0001493152-26-016795-index.html
- Net income: -$252,000 for the fiscal year ended Dec 31, 2025 (10-K/A filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226016795/0001493152-26-016795-index.html
- SG&A: $10.8M for the fiscal year ended Dec 31, 2025 (10-K/A filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226016795/0001493152-26-016795-index.html
- Shares outstanding: 2,853,766 as of Aug 5, 2026 (10-Q filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226037344/0001493152-26-037344-index.html
- Auditor: Baker Tilly Us, LLP, Minneapolis, Minnesota, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm

## Business

have leased manufacturing facilities in Monterrey, Mexico and Suzhou, China. Monterrey, Mexico has approximately $607 and $687 in long-term assets, and $1,408 and $1,758 of net operating lease assets as of December 31, 2025 and 2024, respectively.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $12.2M | $975,000 | -$252,000 | $10.8M |
| Dec 31, 2024 | $14.4M | -$195,000 | -$1.3M | $11.7M |
| Dec 31, 2023 | $13.4M | $6.0M | $6.9M | $12.4M |
| Dec 31, 2022 | $134.1M | $3.9M | $2.0M | $11.4M |
| Dec 31, 2021 | $115.2M | $2.3M | $7.2M | $10.0M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/nortech-systems-inc.json

## Officers and directors

- Jay D. Miller, President and Chief Executive Officer (principal executive officer) and Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Andrew D. C. LaFrence, Chief Financial Officer (principal financial and accounting officer). Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- David B. Kunin, Chairman and Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Amy Fredregill, Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Debarati Sen, Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Jose A. Peris, Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Ryan P. McManus, Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- Stacy A. Kruse, Director. Source: 10-K filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- John Lindeen, Named in proxy. Source: DEF 14A filed Apr 1, 2026, https://www.sec.gov/Archives/edgar/data/722313/000149315226014640/formdef14a.htm

## Recent 8-K events

- Aug 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226037337/form8-k.htm
- May 14, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226023093/form8-k.htm
- May 13, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226022756/form8-k.htm
- Mar 26, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226012975/form8-k.htm
- Mar 23, 2026: Item 1.01, Entry into a material definitive agreement; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226012039/form8-k.htm
- Mar 6, 2026: Item 1.01, Entry into a material definitive agreement; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226009029/form8-k.htm
- Jan 6, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226000512/form8-k.htm
- Nov 13, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315225022126/form8-k.htm
- Oct 27, 2025: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/722313/000149315225019730/form8-k.htm
- Aug 19, 2025: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/722313/000164117225024839/form8-k.htm

## What management said

- "Nortech delivered a solid second quarter, with year-over-year revenue growth, improved gross margins, and continued positive operating income reflecting the benefits of our restructuring actions and disciplined execution" Jay D. Miller, President & CEO (8-K filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/722313/000149315226037337/ex99-1.htm

## Latest filings

- 8-K filed Aug 12, 2026: https://www.sec.gov/Archives/edgar/data/722313/000149315226037337/form8-k.htm
- 10-K filed Mar 26, 2026: https://www.sec.gov/Archives/edgar/data/722313/000149315226012913/form10-k.htm
- 10-Q filed Aug 12, 2026: https://www.sec.gov/Archives/edgar/data/722313/000149315226037344/form10-q.htm
- DEF 14A filed Apr 1, 2026: https://www.sec.gov/Archives/edgar/data/722313/000149315226014640/formdef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/