Company:  NVE CORP /NEW/ (NVEC)
Form Type:  10-K
Filing Date:  6/6/2014 
CIK:  0000724910 
Address:  11409 VALLEY VIEW ROAD 
City, State, Zip:  EDEN PRAIRIE, Minnesota 55344 
Telephone:  (952) 829-9217 
Fiscal Year:  03/31 
Last Trade
Last Trade: 
$71.68  
Change: 
-0.13 (-0.18%)  
Trade Time: 
04:00 PM EST  
Market Cap: 
$348.22M
Description of Business
NVE Corporation, referred to as NVE, we, us, or our, develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. We manufacture high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. We have also licensed our spintronic magnetoresistive random access memory technology, commonly known as MRAM. NVE History and Background NVE is a Minnesota corporation headquartered in a suburb of Minneapolis. We were founded in 1989 by James M. Daughton, Ph.D., a spintronics pioneer. Our common stock became publicly traded in 2000 through a reverse merger and became NASDAQ listed in 2003. Since our founding, we have been awarded more than $50 million in government research contracts, including more than 30 MRAM development contracts. These contracts have helped us build our intellectual property portfolio.
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  FORM 10-K
    PART I
      ITEM 1. BUSINESS.
      ITEM 1A. RISK FACTORS.
      ITEM 2. PROPERTIES.
      ITEM 3. LEGAL PROCEEDINGS.
      ITEM 4. MINE SAFETY DISCLOSURES.
    PART II
      ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED ...
      ITEM 6. SELECTED FINANCIAL DATA.
      ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL ...
        Results of Operations
        Liquidity and Capital Resources
      ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
      ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ...
      ITEM 9A. CONTROLS AND PROCEDURES.
    PART III
      ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.
      ITEM 11. EXECUTIVE COMPENSATION.
      ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND ...
      ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND ...
      ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.
    PART IV
      ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.
    SIGNATURES
    REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    CASH FLOW
    NOTES TO FINANCIAL STATEMENTS
    EXHIBIT INDEX
  EXHIBIT 23
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 23
    CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  EXHIBIT 31
    CERTIFICATION
  EXHIBIT 31
    CERTIFICATION
  EXHIBIT 32
    CERTIFICATION PURSUANT TO SECTION 906
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