M&A
confidence high
sentiment neutral
materiality 0.60
Interlink Electronics files financials for acquired SPEC Sensors/KWJ Engineering; 2021 revenue $4.8M
INTERLINK ELECTRONICS INC
- SPEC/KWJ 2021 audited: net sales $4.8M, net earnings $288k, total assets $1.87M.
- Nine months ended Sep 30, 2022 unaudited: net sales $3.27M, net loss $354k, cash $631k.
- Pro forma combined financials for Interlink (Ex-99.3) filed but not reproduced in this text.
- Acquired entities had PPP loan forgiveness of $392k recognized as other income in 2021.