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Optical Cable Corporation (OCC) has submitted its 10-K filing for the fiscal year ended October 31, 2024.
The filing includes details about the company's business operations, highlighting its role as a manufacturer of fiber optic and copper data communication cabling and connectivity solutions. The company serves enterprise markets, harsh environment markets, and the wireless carrier market.
Optical Cable Corporation's product offerings include fiber optic and copper cabling, hybrid cabling, connectors, patch cords, and various connectivity management accessories. These products are used in enterprise networks, data centers, and specialty applications such as military and industrial environments.
The company operates facilities in Roanoke, Virginia; near Asheville, North Carolina; and near Dallas, Texas. It employs 339 people as of October 31, 2024, all based in the United States.
Optical Cable Corporation's report discusses its competitive position in the market, noting competition from larger companies with greater resources. The company emphasizes its focus on high-quality, integrated communication solutions.
The filing also addresses the company's compliance with government laws and regulations, stating there were no material violations or significant expenditures related to compliance in fiscal year 2024.
Optical Cable Corporation identifies its customer base as including major distributors, original equipment manufacturers, and value-added resellers. The company sells its products globally, reaching approximately 50 countries during fiscal year 2024.
The report outlines the company's cybersecurity measures, detailing steps taken to protect against cyber threats and noting that no significant cybersecurity incidents occurred during fiscal year 2024.
Optical Cable Corporation's financial statements and supplementary data are included in the filing, along with a discussion of management's assessment of internal controls over financial reporting.
The filing notes a restatement of previously issued financial statements due to a misclassification of liabilities, which has been corrected in the current report.
Optical Cable Corporation's board of directors and executive officers are listed, with information incorporated by reference from the company's proxy statement for the 2025 Annual Meeting of Shareholders.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the Optical Cable Corporation annual 10-K report dated December 23, 2024. To report an error, please email earnings@qz.com.