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Consolidated Statements of Income and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues $ 191,159 $ 164,456
Cost of products sold 145,138 122,142
Gross profit 46,021 42,314
Operating expenses:    
Research and development 10,398 8,268
Selling, general and administrative 29,344 24,081
Intangible asset impairment (12,181) 0
Total operating expenses 51,923 32,349
Operating (loss) income (5,902) 9,965
Other expense (income):    
Interest and financing expense 3,953 1,940
Miscellaneous income (1,457) (276)
Total other expense, net 2,496 1,664
(Loss) income before income taxes (8,398) 8,301
Income tax (benefit) provision (2,447) 1,892
Net (loss) income (5,951) 6,409
Net (loss) income attributable to non-controlling interest (53) 97
(Loss) income attributable to Ultralife Corporation (5,898) 6,312
Other comprehensive income (loss):    
Foreign currency translation adjustments 865 (346)
Comprehensive (loss) income attributable to Ultralife Corporation $ (5,033) $ 5,966
Net (loss) income per share attributable to Ultralife Corporation common stockholders – Basic (in dollars per share) $ (35) $ 38
Net (loss) income per share attributable to Ultralife Corporation common stockholders – Diluted (in dollars per share) $ (35) $ 38
Weighted average shares outstanding – Basic (in shares) 16,642 16,555
Weighted average shares outstanding – Diluted (in shares) 16,642 16,767