Envela Corp 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS AND ISSUER PURCHASES OF EQUITY SECURITIES Repurchases The following lists the repurchase of Company shares for the three months ended September 30, 2025: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ ​ ​ ​ Shares Purchased ​ ​ ​ ​ ​ ​ ​ Maximum Number ​ ​ as Part of Publicly ​ ​ ​ ​ ​ ​ ​ of Shares that May ​ ​ Announced Plan ​ Average Price ​ Total Price ​ Yet be Purchased Fiscal Period ​ or Program (1) (2) ​ Paid Per Share ($) ​ Paid ​ Under the Plan (1) Balance as of June 30, 2025 949,593 ​ $ 4.94 ​ $ 4,690,149 150,407 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ July 1 - 31, 2025 8,134 ​ 5.93 ​ 48,218 142,273 August 1 - 31, 2025 3,428 ​ 5.65 ​ 19,364 138,845 September 1 - 30, 2025 — ​ — ​ — 138,845 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance as of September 30, 2025 961,155 ​ $ 4.95 ​ $ 4,757,731 138,845 (1) All shares were purchased in open-market transactions through the stock repurchase program approved by the Board on March 14, 2023, for the repurchase of up to 1.0 million shares of the Common Stock. On March 27, 2025, the Board authorized the repurchase of an additional 100 thousand shares of the Common Stock, bringing the total authorization under the existing program to 1.1 million shares. (2) The stock repurchase program was publicly announced on May 3, 2023, and expires March 31, 2026. Repurchases under the stock repurchase plan began on May 10, 2023. The timing and amount of any common stock repurchased under the program will depend on a variety of factors including price, corporate and regulatory requirements, capital availability, and other market conditions. ITEM 3. DEFAULTS UPON SENIOR SECURITIES Not applicable ITEM 4. MINE SAFETY DISCLOSURES Not applicable 56 Table of Contents