founded in 1975 by dr. harvey berger, inventor of the ultrasonic nozzle, sono-tek designs and manufactures precision ultrasonic spray nozzle systems used for thin film coating, spray drying, moisturizing, web coating, fine line and selective coating applications. ultrasonic coating systems are used in energy (fuel cell and solar cell), electronics (pcb fluxing), semiconductor (photoresist coatings), medical device coatings (implantable stents, balloon catheters, blood collection tubes, medical textiles and diagnostic device coatings), glass manufacturing, textiles, industrial, food, and nanotechnology coating applications. our ultrasonic nozzle systems operate by converting high frequency sound waves into mechanical vibrations to create nano to micron think coatings with very high uniformity and excellent transfer efficiency, minimizing overspray of expensive chemistries. the droplets produced by ultrasonic atomization are mathematically defined according to the nozzle's operating fr
Company profile
Ticker
SOTK
Exchange
Website
CEO
Christopher L. Coccio
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Sono-Tek Industrial Park LLC ...
IRS number
141568099
SOTK stock data
Latest filings (excl ownership)
8-K
Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025
8 Apr 24
8-K
Sono-Tek Welcomes Dr. Adeniyi Lawal to Board of Directors
3 Apr 24
10-Q
2024 Q3
Quarterly report
16 Jan 24
8-K
Sono-Tek Reports 59% Increase in Q3 Fiscal 2024 Net Sales to Record $5.7 Million and Provides Sales Guidance for Fiscal Year 2024
16 Jan 24
8-K
Sono-Tek Completes Senior Management Transition
5 Jan 24
8-K
Sono-Tek Announces Preliminary Record Revenue with Continued Strong Backlog for Q3 FY2024 and Increases Revenue Guidance for Fiscal Year 2024
14 Dec 23
8-K
Results of Operations and Financial Condition
17 Nov 23
10-Q
2024 Q2
Quarterly report
12 Oct 23
8-K
Sono-Tek Reports 50% Increase in Q2 Fiscal 2024 Net Sales to Record $5.6 Million and Provides Sales Guidance for Fiscal Year 2024
12 Oct 23
8-K
Submission of Matters to a Vote of Security Holders
25 Aug 23
Latest ownership filings
3
Adeniyi Lawal
5 Apr 24
4
CHRISTOPHER L COCCIO
27 Feb 24
4
DONALD F MOWBRAY
27 Feb 24
4
CHRISTOPHER L COCCIO
22 Feb 24
144
Notice of proposed sale of securities
20 Feb 24
4
JOSEPH RIEMER
8 Feb 24
4
Stephen James Bagley
6 Feb 24
4
Robb William Engle
1 Feb 24
SC 13G/A
Emancipation Management LLC
31 Jan 24
4
Robb William Engle
30 Jan 24
Financial summary
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Diluted EPS |
Annual (USD) | Feb 23 | Feb 22 | Feb 21 | Feb 20 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.98 mm | 2.98 mm | 2.98 mm | 2.98 mm | 2.98 mm | 2.98 mm |
Cash burn (monthly) | 157.44 k | 16.18 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 735.72 k | 75.59 k | n/a | n/a | n/a | n/a |
Cash remaining | 2.25 mm | 2.91 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 14.3 | 179.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
50.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 23 |
Opened positions | 2 |
Closed positions | 3 |
Increased positions | 4 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 5.24 bn |
Total shares | 8.02 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Emancipation Management | 6.63 mm | $0.00 |
Spiegel Jeffrey O. | 373.47 k | $1.65 mm |
Vanguard | 296.95 k | $1.55 bn |
Modera Wealth Management | 185.04 k | $965.93 mm |
Geode Capital Management | 105.90 k | $556.14 mm |
ARS Investment Partners | 68.06 k | $355.29 mm |
SF Stifel Financial | 60.00 k | $313.20 mm |
Wynnefield Capital | 50.95 k | $265.96 mm |
Benin Management | 48.30 k | $252.13 mm |
First Republic Investment Management | 42.58 k | $222.27 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Payment of exercise | Dispose F | No | No | 5.69 | 1,435 | 8.17 k | 64,864 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Option exercise | Acquire M | No | No | 5.5 | 1,485 | 8.17 k | 66,299 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Payment of exercise | Dispose F | No | No | 5.69 | 2,714 | 15.44 k | 64,814 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Option exercise | Acquire M | No | No | 3.19 | 4,841 | 15.44 k | 67,528 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Payment of exercise | Dispose F | No | No | 5.69 | 6,503 | 37.00 k | 62,687 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Corp Common Stock | Option exercise | Acquire M | No | No | 3.7 | 10,000 | 37.00 k | 69,190 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Options Sono-Tek Corp Common Stock | Option exercise | Dispose M | No | No | 5.5 | 1,485 | 8.17 k | 6,700 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Options Sono-Tek Corp Common Stock | Option exercise | Dispose M | No | No | 3.19 | 4,841 | 15.44 k | 8,185 |
26 Feb 24 | Donald F Mowbray | Sono-Tek Options Sono-Tek Corp Common Stock | Option exercise | Dispose M | No | No | 3.7 | 10,000 | 37.00 k | 13,026 |
26 Feb 24 | Coccio Christopher L | Sono-Tek Corp Common Stock | Sell | Dispose S | No | No | 5.57 | 2,914 | 16.23 k | 326,079 |