Optical Cable Corporation (OCC) 2021年年度报告「NASDAQ」.pdf

1、ANNUALREPORT2021TODAYS OCC.STRONG.INNOVATIVE.SOLUTIONS.CONNECTIONS YOU CAN COUNT ON.OCCs product offering is cutting edge and ranks among the industrys most comprehensive suite to meet a full host of customer needs.Our focus on customer service,product excellence,and innovation allows us to create s

2、olutions for our customers that others are unwilling or unable to do.UNRIVALED INTEGRATED SOLUTIONS.As an industry leader,OCC delivers innovative products and solutions designed to be smarter than the most challenging situations and tougher than the harshest environments.Our customers count on us to

3、 ensure the highest transmission performance and for products tested beyond industry standards.Thats why top corporations,universities,hospitals,broadcasters,data centers,industrial facilities,wireless carriers,and military operations worldwide choose OCC.OPTICAL CABLE CORPORATION Annual Report 2021

4、 1 Optical Cable Corporation(OCC)TABLE OF CONTENTS 3 Letter from the CEO 6 Managements Discussion and Analysis of Financial Condition and Results of Operations 23 Consolidated Financial Statements 27 Notes to Consolidated Financial Statements 46 Report of Independent Registered Public Accounting Fir

5、m 48 Corporate Information Optical Cable Corporation(OCC)2 Page intentionally left blank.3 Optical Cable Corporation(OCC)Letter from the CEO Dear Shareholders of Optical Cable Corporation(OCC):In 2021,the OCC team successfully executed ongoing initiatives to strengthen OCC during the pandemic and fo

6、r the long-termpositioning us to capture current and future growth opportunities,realize improved operating efficiencies,and control and reduce costs.The COVID-19 pandemic continued to significantly impact the global economy during much of 2021and it impacted OCC as well.As we began the fiscal year,