CONDENSED CONSOLIDATED BALANCE SHEETS (June 30, 2015 unaudited) - USD ($) $ in Thousands		Jun. 30, 2015		Dec. 31, 2014
Current Assets
Cash and Cash Equivalents		$ 20,430		$ 22,585
Accounts Receivable		13,751	[1]	13,723	[2]
Inventories - Net		8,236		7,364
Deferred Taxes		708		625
Other Current Assets		1,058		1,468
Total Current Assets		44,183		45,765
Property and Equipment - Net		4,667		4,483
Goodwill-Net		3,526		3,526
Other Long Term Assets		1,253		1,364
Total Assets		53,629		55,138
Current Liabilities:
Accounts Payable		1,294		2,352
Accrued Compensation		2,234		4,184
Accrued Commissions and Sales Incentives		2,507		2,749
Dividends Payable				4,945
Taxes Payable		935		1,216
Other Liabilities		3,746		3,572
Total Current Liabilities		10,716		19,018
Deferred Taxes		933		926
Other Long Term Liabilities		1,062		1,225
Total Liabilities		$ 12,711		$ 21,169
Commitments and Contingencies	[3]
Omega Flex, Inc. Shareholders' Equity:
Common Stock		$ 102		$ 102
Treasury Stock		(1)		(1)
Paid-in Capital		10,808		10,808
Retained Earnings		30,258		23,446
Accumulated Other Comprehensive Loss		(449)		(497)
Total Omega Flex, Inc. Shareholders' Equity		40,718		33,858
Noncontrolling Interest		200		111
Total Shareholders' Equity		40,918		33,969
Total Liabilities and Shareholders' Equity		$ 53,629		$ 55,138

[1] Less allowance of $661

[2] Less allowance of $710.

[3] See Note 5.