Retractable Tech 2025 revenue up 15.8% to $38.3M; operating loss $21.2M; tariff headwinds

RETRACTABLE TECHNOLOGIES INC

Revenue $38.3M (+15.8% YoY); domestic +9.7%, international +64%.
Operating loss $21.2M, essentially flat vs $21.1M prior year.
Cash $2.6M; holds $34.4M in debt/equity securities.
Tariff expense $1.8M; 62.6% of products from China; tariff rate 120% as of Mar 9, 2026.
Declared preferred dividends of $39,050 (Series II) and $18,561 (Series III) for Q1 2026.

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