INRD Inrad Optics Dashboard

Inrad Optics, Inc. engages in the development, manufacture, and marketing of products and services for use in photonics industry sectors. It specializes in crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and opto-mechanical assemblies. The company was founded in April 1973 and is headquartered in Northvale, NJ.

Company profile

Ticker

INRD

Exchange

OTC

Website

www.inradoptics.com

CEO

Amy Eskilson

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Electronic Technology > Industrial Specialties

Industry (SIC)

Electronic Components, NEC

Varex Imaging • Advanced Energy Industries • Vicor • Nortech Systems • Impinj • Espey Manufacturing & Electronics • LGL • Microvision • Bonso Electronics International • Ault Global ...

Former names

INRAD INC, PHOTONIC PRODUCTS GROUP INC

SEC CIK

0000719494

Corporate docs

Articles of Incorporation & Bylaws

IRS number

222003247

INRD stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

13 May 21

29 Jul 21

31 Dec 21

Financial summary

Financial statements Chart INRD financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.05M	1.05M	1.05M	1.05M	1.05M	1.05M
Cash burn (monthly)	27.78K	(positive/no burn)	(positive/no burn)	21.5K	23.26K	52.31K
Cash used (since last report)	109.94K	n/a	n/a	85.09K	92.06K	207.02K
Cash remaining	936.43K	n/a	n/a	961.28K	954.31K	839.35K
Runway (months of cash)	33.7	n/a	n/a	44.7	41.0	16.0

Beta Read what these cash burn values mean

Recent insider trades

INRD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Mar 21	Dennis G Romano	Employee Stock Option Common stock	Grant	Aquire A	No	No	0.62	10,000	6.2K	75,000
24 Mar 21	Amy Eskilson	Employee Stock Option Common stock	Grant	Aquire A	No	No	0.62	50,000	31K	407,079
24 Mar 21	Luke P LaValle JR	Employee Stock Option Common stock	Grant	Aquire A	No	No	0.62	10,000	6.2K	75,000
24 Mar 21	Jan M Winston	Employee Stock Option Common stock	Grant	Aquire A	No	No	0.62	10,000	6.2K	75,000
24 Mar 21	George F Murray	Employee Stock Option Common stock	Grant	Aquire A	No	No	0.62	20,000	12.4K	226,485

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

INRD institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

36.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	2	–
Opened positions	0	2	EXIT
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	4.99M	4.99M	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Emancipation Management	3.87M	$0	0.0%
Minerva Advisors	1.12M	$0	0.0%

Largest transactions	Shares	Bought/sold	Change
Emancipation Management	3.87M	0	0.0%
Minerva Advisors	1.12M	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Inrad Optics, Inc. is a vertically integrated optical components and subsystems manufacturer focused in three areas: Crystal-based Optical Components and Assemblies, Custom Optical Components from both glass and metal, and Optical and Opto-mechanical assemblies.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: clear, declined, emergence, gain, improved, integrated, local, notification, permanent, vertically

Removed: acquiring, alternative, ASC, assurance, coating, commencing, continued, continuity, created, declared, Department, disease, ending, enhance, health, Homeland, infection, infrastructure, instrumentation, investment, main, minimum, monthly, Nonemployee, obtain, Organization, pandemic, production, protect, qualifying, recognize, responsibility, subsequently, supplied, Targeted, temporary, work, World

From filing 10-Q 2021 Q1