Nortech Systems (NSYS)

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)	1.24 mm	1.24 mm	1.24 mm	1.24 mm	1.24 mm	1.24 mm
Cash burn (monthly)	929.67 k	56.33 k	227.67 k	(no burn)	(no burn)	(no burn)
Cash used (since last report)	2.60 mm	157.71 k	637.36 k	n/a	n/a	n/a
Cash remaining	-1.36 mm	1.08 mm	601.64 k	n/a	n/a	n/a
Runway (months of cash)	-1.5	19.2	2.6	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2024

NSYS institutional ownership history Ownership history

3.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	9	1	+800.0%
Opened positions	8	0	NEW
Closed positions	0	4	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	597.74 mm	171.72 mm	+248.1%
Total shares	95.00 k	18.23 k	+421.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	50.26 k	$671.00 k	NEW
Chevy Chase Trust	18.23 k	$243.36 mm	0.0%
RY Royal Bank of Canada	12.90 k	$172.00 mm	NEW
Vanguard	10.48 k	$139.90 mm	NEW
UBS UBS	2.66 k	$35.55 mm	NEW
Tower Research Capital	365.00	$4.87 mm	NEW
FMR	95.00	$1.27 mm	NEW
WFC Wells Fargo & Company	7.00	$93.00 k	NEW
JPM JPMorgan Chase & Co.	2.00	$27.00 k	NEW
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	50.26 k	+50.26 k	NEW
RY Royal Bank of Canada	12.90 k	+12.90 k	NEW
Vanguard	10.48 k	+10.48 k	NEW
UBS UBS	2.66 k	+2.66 k	NEW
Tower Research Capital	365.00	+365.00	NEW
FMR	95.00	+95.00	NEW
WFC Wells Fargo & Company	7.00	+7.00	NEW
JPM JPMorgan Chase & Co.	2.00	+2.00	NEW
Proequities	0.00	0.00
Chevy Chase Trust	18.23 k	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NSYS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 May 24	Ryan Mcmanus	Common Stock	Grant	Acquire A	No	No	11.06	1,981	21.91 k	7,981
20 May 24	Stacy A Kruse	Common Stock	Grant	Acquire A	No	No	11.06	1,981	21.91 k	7,981
20 May 24	Amy S. Fredregill	Common Stock	Grant	Acquire A	No	No	11.06	1,981	21.91 k	4,231
20 May 24	Debarati Sen	Common Stock	Grant	Acquire A	No	No	11.06	3,255	36.00 k	3,255
20 May 24	David B Kunin	Common Stock	Grant	Acquire A	No	No	11.06	1,981	21.91 k	71,878

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

News

From Benzinga Pro

12 Information Technology Stocks Moving In Thursday's Pre-Market Session

19 Dec 24

Nortech Systems Q3 EPS $(0.27) Down From $0.42 YoY, Sales $31.41M Down From $33.37M YoY

7 Nov 24

Nortech Systems (NASDAQ:NSYS) reported quarterly losses of $(0.27) per share. This is a 164.29 percent decrease over earnings of $0.42 per share from the same period last year. The company reported $31.41 million in

Press releases

From Benzinga Pro

Nortech Systems Reports Third Quarter Results

7 Nov 24

MINNEAPOLIS, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Nortech Systems Incorporated (NASDAQ:NSYS) ("Nortech" or the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and

Nortech Systems Incorporated to Report Third Quarter 2024 Financial Results and Hold a Conference Call on November 7, 2024

24 Oct 24

MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Nortech Systems Incorporated (NASDAQ:NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical