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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME      
Sales, net (notes 1, 3, 9 and 11) $ 40,903 $ 50,224 $ 52,281
Cost of goods sold 16,760 20,186 20,085
Gross profit 24,143 30,038 32,196
Operating expense      
Sales and marketing 1,901 1,685 1,507
Research and development 813 560 493
General and administrative 7,835 11,016 10,406
Operating income 13,594 16,777 19,790
Other income (expense)      
Dividend and interest income 3,367 3,036 661
Royalty income (note 12) 15 20 20
Other, net (174) 256 188
Income before provision for income taxes 16,802 20,089 20,659
Provision for income taxes (note 7) 2,928 3,454 4,186
Net income $ 13,874 $ 16,635 $ 16,473
Earnings per common share (basic) (note 1) $ 3.96 $ 4.58 $ 4.53
Earnings per common share (diluted) $ 3.96 $ 4.57 $ 4.52
Foreign currency translation net of taxes of $0 in all periods $ (1,249) $ 1,381 $ (2,986)
Total comprehensive income $ 12,625 $ 18,016 $ 13,487