Taitron Components Inc. reports third quarter 2025 net product revenue of $1.19 million and net loss of $58,000
Taitron Components Inc. reported net product revenue of $0.5 million for the third quarter ended September 30, 2025, down from $1.2 million in the same period of 2024. Gross profit for the quarter was $0.3 million, compared to $0.6 million in the prior year. The company recorded a net loss of $0.1 million, or $0.01 per basic and diluted share, versus a net income of $0.2 million, or $0.04 per share, in the third quarter of 2024. For the nine months ended September 30, 2025, net product revenue totaled $2.8 million, down from $3.4 million in the same period of 2024, with a net loss of $0.7 million compared to net income of $1.2 million last year. As of September 30, 2025, Taitron reported $4.0 million in cash and cash equivalents and $5.9 million in short-term investments. The company also announced a voluntary delisting from Nasdaq and plans to deregister its common stock, citing the costs and resources required to maintain its listed and registered status. Stewart Wang, President and CEO, has assumed the duties of principal financial officer and principal accounting officer.
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