Syntec Optics Holdings, Inc. filed its Form 10-Q for the quarter ended September 30, 2026 with the SEC on November 13, 2026, reporting financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Q3 net income: The company reported net income of $246,574 for the three months ended September 30, 2026, compared to a net loss of $1,429,133 in the same period of 2025.
  • Q3 net sales: Net sales totaled $8,542,554 for the third quarter of 2026, up from $6,950,220 in the third quarter of 2025.
  • Nine-month net loss: For the nine months ended September 30, 2026, the company reported a net loss of $395,046, compared to a net loss of $1,449,389 for the same period in 2025.
  • Cash position: Cash stood at $14,357,869 as of September 30, 2026, up from $358,867 as of December 31, 2025.
  • Common stock issuance: The company raised proceeds of $21,425,932 from the issuance of 3,285,713 shares of Class A common stock during the second quarter of 2026.
  • Shares outstanding: As of November 6, 2026, there were 40,279,878 shares of Class A common stock, par value $0.0001 per share, issued and outstanding.
  • Line of credit retired: The line of credit balance was $0 as of September 30, 2026, down from $6,763,863 as of December 31, 2025.

Syntec Optics Q3 2026 Financial Results: Revenue Growth and Improved Profitability

According to the filing, Syntec Optics Holdings, Inc. (NASDAQ:OPTX) reported net sales of $8,542,554 for the three months ended September 30, 2026, an increase from $6,950,220 reported in the comparable prior-year quarter. Gross profit for Q3 2026 was $1,942,962, compared to $854,359 in Q3 2025. General and administrative expenses were $1,730,807 for the quarter, down from $2,072,962 in the prior-year period. The company disclosed income from operations of $212,155 for Q3 2026, compared to a loss from operations of $1,218,603 in Q3 2025.

For the nine months ended September 30, 2026, the company reported net sales of $23,329,778 versus $20,578,717 for the same period in 2025. The nine-month loss from operations was $242,504, compared to a loss of $836,401 in the prior-year period. Interest expense, including amortization of debt issuance costs, declined to $405,532 for the nine months ended September 30, 2026, from $624,290 in the comparable 2025 period, according to the filing.

The balance sheet as of September 30, 2026 showed total assets of $37,892,403, up from $24,314,108 as of December 31, 2025. Total stockholders' equity increased to $30,796,753 from $9,540,855 at year-end 2025, with the company disclosing that proceeds from the issuance of common stock of $21,425,932 were received during the second quarter of 2026. Total liabilities fell to $7,095,650 from $14,773,253, reflecting, in part, the elimination of the line of credit balance. The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.

What Was Disclosed

Syntec Optics Holdings filed its quarterly report covering the period ended September 30, 2026, disclosing Q3 net income of $246,574, improved revenue, a materially higher cash balance, retirement of its line of credit, and a substantial increase in stockholders' equity following a common stock issuance.