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Nortech Systems Inc. – ‘10-K’ for 12/31/21 – ‘EX-21’

On:  Thursday, 3/17/22, at 3:04pm ET   ·   For:  12/31/21   ·   Accession #:  1437749-22-6550   ·   File #:  0-13257

Previous ‘10-K’:  ‘10-K’ on 3/23/21 for 12/31/20   ·   Next:  ‘10-K’ on 3/17/23 for 12/31/22   ·   Latest:  ‘10-K’ on 3/20/24 for 12/31/23   ·   24 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/17/22  Nortech Systems Inc.              10-K       12/31/21   77:6.8M                                   RDG Filings/FA

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    786K 
 2: EX-21       Subsidiaries List                                   HTML     22K 
 3: EX-23       Consent of Expert or Counsel                        HTML     21K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     28K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     25K 
12: R1          Document And Entity Information                     HTML     89K 
13: R2          Consolidated Statements of Operations and           HTML    118K 
                Comprehensive Income (Loss)                                      
14: R3          Consolidated Balance Sheet                          HTML    145K 
15: R4          Consolidated Balance Sheet (Parentheticals)         HTML     40K 
16: R5          Consolidated Statements of Cash Flows               HTML    141K 
17: R6          Consolidated Statements of Shareholders' Equity     HTML     49K 
18: R7          Note 1 - Summary of Significant Accounting          HTML    104K 
                Policies                                                         
19: R8          Note 2 - Concentration of Credit Risk and Major     HTML     25K 
                Customers                                                        
20: R9          Note 3 - Revenue                                    HTML     62K 
21: R10         Note 4 - Goodwill and Other Intangible Assets       HTML     54K 
22: R11         Note 5 - Financing Arrangements                     HTML     41K 
23: R12         Note 6 - Leases                                     HTML     76K 
24: R13         Note 7 - Restructuring Charges                      HTML     25K 
25: R14         Note 8 - Income Taxes                               HTML     91K 
26: R15         Note 9 - 401(k) Retirement Plan                     HTML     28K 
27: R16         Note 10 - Incentive Plans                           HTML     51K 
28: R17         Note 11 - Commitments and Contingencies             HTML     29K 
29: R18         Note 12 - Employee Retention Credit                 HTML     27K 
30: R19         Note 13 - Related Party Transactions                HTML     29K 
31: R20         Significant Accounting Policies (Policies)          HTML    151K 
32: R21         Note 1 - Summary of Significant Accounting          HTML     78K 
                Policies (Tables)                                                
33: R22         Note 3 - Revenue (Tables)                           HTML     55K 
34: R23         Note 4 - Goodwill and Other Intangible Assets       HTML     51K 
                (Tables)                                                         
35: R24         Note 5 - Financing Arrangements (Tables)            HTML     34K 
36: R25         Note 6 - Leases (Tables)                            HTML     76K 
37: R26         Note 8 - Income Taxes (Tables)                      HTML     89K 
38: R27         Note 10 - Incentive Plans (Tables)                  HTML     46K 
39: R28         Note 1 - Summary of Significant Accounting          HTML     66K 
                Policies (Details Textual)                                       
40: R29         Note 1 - Summary of Significant Accounting          HTML     31K 
                Policies - Inventories (Details)                                 
41: R30         Note 1 - Summary of Significant Accounting          HTML     46K 
                Policies - Property and Equipment (Details)                      
42: R31         Note 1 - Summary of Significant Accounting          HTML     30K 
                Policies - Net Sales (Details)                                   
43: R32         Note 1 - Summary of Significant Accounting          HTML     35K 
                Policies - Noncurrent Assets (Details)                           
44: R33         Note 1 - Summary of Significant Accounting          HTML     26K 
                Policies - Reclassifications (Details)                           
45: R34         Note 2 - Concentration of Credit Risk and Major     HTML     32K 
                Customers (Details Textual)                                      
46: R35         Note 3 - Revenue 1 (Details Textual)                HTML     23K 
47: R36         Note 3 - Revenue 2 (Details Textual)                HTML     23K 
48: R37         Note 3 - Revenue - Contract Assets (Details)        HTML     27K 
49: R38         Note 3 - Revenue - Disaggregation of Revenue        HTML     42K 
                (Details)                                                        
50: R39         Note 4 - Goodwill and Other Intangible Assets       HTML     36K 
                (Details Textual)                                                
51: R40         Note 4 - Goodwill and Other Intangible Assets -     HTML     42K 
                Schedule of Finite-lived Intangible Assets                       
                (Details)                                                        
52: R41         Note 4 - Goodwill and Other Intangible Assets -     HTML     31K 
                Estimated Future Annual Amortization Expense                     
                (Details)                                                        
53: R42         Note 5 - Financing Arrangements (Details Textual)   HTML     60K 
54: R43         Note 5 - Financing Arrangements - Long-term Debt    HTML     37K 
                (Details)                                                        
55: R44         Note 5 - Financing Arrangements - Long-term Debt    HTML     27K 
                (Details) (Parentheticals)                                       
56: R45         Note 6 - Leases (Details Textual)                   HTML     24K 
57: R46         Note 6 - Leases - Lease Cost (Details)              HTML     44K 
58: R47         Note 6 - Leases - Supplemental Balance Sheet        HTML     37K 
                Information (Details)                                            
59: R48         Note 6 - Leases - Maturity of Lease Liabilities     HTML     76K 
                (Details)                                                        
60: R49         Note 7 - Restructuring Charges (Details Textual)    HTML     29K 
61: R50         Note 8 - Income Taxes (Details Textual)             HTML     30K 
62: R51         Note 8 - Income Taxes - Income Tax Expense          HTML     31K 
                (Details)                                                        
63: R52         Note 8 - Income Taxes - Income Tax Reconciliation   HTML     53K 
                (Details)                                                        
64: R53         Note 8 - Income Taxes - Income (Loss) From          HTML     30K 
                Operations Before Income Taxes (Details)                         
65: R54         Note 8 - Income Taxes - Deferred Tax Assets         HTML     72K 
                (Liabilities) (Details)                                          
66: R55         Note 8 - Income Taxes - Unrecognized Tax Benefits   HTML     26K 
                (Details)                                                        
67: R56         Note 9 - 401(k) Retirement Plan (Details Textual)   HTML     31K 
68: R57         Note 10 - Incentive Plans (Details Textual)         HTML     55K 
69: R58         Note 10 - Incentive Plans - Option Activity         HTML     54K 
                (Details)                                                        
70: R59         Note 11 - Commitments and Contingencies (Details    HTML     24K 
                Textual)                                                         
71: R60         Note 12 - Employee Retention Credit (Details        HTML     27K 
                Textual)                                                         
72: R61         Note 13 - Related Party Transactions (Details       HTML     55K 
                Textual)                                                         
75: XML         IDEA XML File -- Filing Summary                      XML    139K 
73: XML         XBRL Instance -- nsys20211231_10k_htm                XML   1.41M 
74: EXCEL       IDEA Workbook of Financial Reports                  XLSX     80K 
 8: EX-101.CAL  XBRL Calculations -- nsys-20211231_cal               XML    213K 
 9: EX-101.DEF  XBRL Definitions -- nsys-20211231_def                XML   1.21M 
10: EX-101.LAB  XBRL Labels -- nsys-20211231_lab                     XML   1.06M 
11: EX-101.PRE  XBRL Presentations -- nsys-20211231_pre              XML   1.25M 
 7: EX-101.SCH  XBRL Schema -- nsys-20211231                         XSD    182K 
76: JSON        XBRL Instance as JSON Data -- MetaLinks              400±   603K 
77: ZIP         XBRL Zipped Folder -- 0001437749-22-006550-xbrl      Zip    196K 


‘EX-21’   —   Subsidiaries List


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Exhibit 21

 

Subsidiaries of Nortech Systems Incorporated

 

The following are wholly owned subsidiaries of the Company as of December 31, 2021.

 

Subsidiary

Jurisdiction

of Organization

 

Manufacturing Assembly Solutions of Monterrey, Inc.

Mexico

Nortech Systems, Hong Kong Company, Limited

Hong Kong

Nortech Systems, Suzhou Company, Limited

China

 

 

 

 

 

 

 

 

 
1
 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/17/224
For Period end:12/31/21SD
 List all Filings 


24 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/10/22  Nortech Systems Inc.              8-K:1,9     3/10/22   12:180K                                   RDG Filings/FA
 3/02/22  Nortech Systems Inc.              8-K:5,9     3/01/22   13:325K                                   RDG Filings/FA
 1/05/22  Nortech Systems Inc.              8-K:1,9     1/05/22   13:240K                                   RDG Filings/FA
 5/14/21  Nortech Systems Inc.              10-Q        3/31/21   54:4.1M                                   RDG Filings/FA
11/12/20  Nortech Systems Inc.              8-K:5,9    11/11/20    2:43K                                    RDG Filings/FA
11/06/20  Nortech Systems Inc.              8-K:5,9    11/02/20    2:111K                                   RDG Filings/FA
 9/01/20  Nortech Systems Inc.              8-K:1,9     8/27/20    4:528K                                   RDG Filings/FA
 8/11/20  Nortech Systems Inc.              10-Q        6/30/20   54:4.5M                                   RDG Filings/FA
11/12/19  Nortech Systems Inc.              10-Q        9/30/19   50:4.3M                                   RDG Filings/FA
 9/18/19  Nortech Systems Inc.              8-K:5,9     9/17/19    2:109K                                   RDG Filings/FA
 9/11/19  Nortech Systems Inc.              8-K:5,9     9/09/19    4:206K                                   RDG Filings/FA
 8/14/19  Nortech Systems Inc.              10-Q        6/30/19   50:4.3M                                   RDG Filings/FA
 4/01/19  Nortech Systems Inc.              10-K       12/31/18   61:8.3M                                   Toppan Merrill/FA
12/21/18  Nortech Systems Inc.              8-K:5,9    12/19/18    3:100K                                   Toppan Merrill/FA
 2/27/18  Nortech Systems Inc.              8-K:1,9     2/21/18    4:31M                                    Toppan Merrill/FA
 1/08/18  Nortech Systems Inc.              8-K:1,5,9  12/29/17    3:87K                                    Toppan Merrill/FA
 6/21/17  Nortech Systems Inc.              8-K:1,2,9   6/15/17    3:546K                                   Toppan Merrill/FA
 5/19/17  Nortech Systems Inc.              8-K:5,9     5/15/17    3:254K                                   Toppan Merrill/FA
 3/22/17  Nortech Systems Inc.              DEF 14A     5/03/17    1:1M                                     Toppan Merrill/FA
 3/22/16  Nortech Systems Inc.              10-K       12/31/15   50:6.9M                                   Toppan Merrill-FA
 4/09/15  Nortech Systems Inc.              8-K:1,9     4/01/15    3:908K                                   Toppan Merrill/FA
 3/24/15  Nortech Systems Inc.              DEF 14A     5/06/15    1:1M                                     Toppan Merrill/FA
11/07/14  Nortech Systems Inc.              8-K:5,9    11/05/14    3:68K                                    Toppan Merrill/FA
 7/16/96  Nortech Systems Inc.              S-1/A                  6:150K                                   Toppan Merrill-FA2/FA
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Filing Submission 0001437749-22-006550   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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