IEH Corp (IEHC) Form 10-K — Jun 12, 2026

IEH Corp reported a net loss of $1.3 million for the fiscal year ended March 31, 2026, despite a 2.2% increase in revenue to $29.4 million. The loss was driven by a 12% increase in cost of products sold due to inflationary pressures, higher labor costs, and tariffs, which outpaced revenue growth. The company disclosed a material weakness in internal controls over financial reporting, specifically citing ineffective design and implementation of Information Technology General Controls (ITGC) related to change management and user access. Management is implementing remedial steps but noted that full remediation may take time.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.