ASCENT INDUSTRIES CO
For the period ended Dec 31, 2024. Filed Mar 4, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 4, 2025
ACNT$13.02-2.8%Stored close · as of Nov 13, 2026
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Item 8. Financial Statements and Supplementary Data
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| Index to Financial Statements | Page |
|---|---|
| Report of Independent Registered Public Accounting Firm (Moss Adams, LLP; Irvine, CA; PCAOB ID: 659) | 25 |
| Consolidated Balance Sheets as of December 31, 2024 and 2023 | 27 |
| Consolidated Statements of Income (Loss) for the years ended December 31, 2024 and 2023 | 28 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2024 and 2023 | 29 |
| Consolidated Statements of Shareholders' Equity for the years ended December 31, 2024 and 2023 | 30 |
| Notes to Consolidated Financial Statements | 31 |
| Note 1: Summary of Significant Accounting Policies | 31 |
| Note 2: Discontinued Operations | 37 |
| Note 3: Revenue Recognition | 39 |
| Note 4: Fair Value of Financial Instruments | 39 |
| Note 5: Property, Plant and Equipment | 41 |
| Note 6: Debt | 41 |
| Note 7: Leases | 42 |
| Note 8: Accrued Expenses & Other Current Liabilities | 44 |
| Note 9: Shareholders' Equity | 44 |
| Note 10: Accounting for Share-Based Payments | 45 |
| Note 11: Income Taxes | 48 |
| Note 12: Earnings Per Share | 48 |
| Note 13: Industry Segments | 50 |
| Note 14: Benefit Plans and Collective Bargaining Agreements | 52 |
| Note 15: Commitments and Contingencies | 52 |
| Note 16: Subsequent Events | 52 |
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