Exhibit 99.2

CPS TECHNOLOGIES CORPORATION

Statements of Operations (Unaudited)

	Three Months Ended					Year Ended
	December 28,			December 30,		December 28,			December 30,
	2024			2023		2024			2023
Revenues:
Product sales	$	5,933,283		$	6,747,199	$	21,123,346		$	27,550,646
Total revenues	$	5,933,283		$	6,747,199	$	21,123,346		$	27,550,646
Cost of product sales		6,204,808			5,598,616		21,241,984			20,725,237
Gross Profit (Loss)	$	(271,525	)		1,148,583	$	(118,638	)		6,825,409
Selling, general, and administrative expense		1,047,459			1,004,948		4,262,290			5,126,046
Income (Loss) from operations	$	(1,318,984	)		143,635	$	(4,380,928	)		1,699,363
Interest/Other income (expense)
		45,134			80,823		286,979			253,018
Net income (Loss) before income tax	$	(1,273,850	)		224,458	$	(4,093,949	)		1,952,381
Income tax provision (benefit)
	$	(278,697	)		84,948	$	(958,500	)		582,085
Net income	$	(995,153	)	$	139,510	$	(3,135,449	)	$	1,370,296
Wtd. Avg. basic common shares outstanding - diluted		14,525,960			14,617,473		14,522,513			14,628,811
Net income per basic common share	$	(0.07	)	$	0.01	$	(0.22	)	$	0.09

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CPS TECHNOLOGIES CORP.

Balance Sheets (Unaudited)

	December 28,			December 30,
	2024			2023
ASSETS
Current assets:
Cash and cash equivalents	$	3,280,687		$	8,813,626
Marketable securities, at fair value		1,031,001			–
Accounts receivable-trade, net		4,858,208			4,389,155
Accounts receivable-other		177,068			83,191
Inventories		4,331,066			4,581,930
Prepaid expenses and other current assets		480,986			276,349
Total current assets		14,159,016			18,144,251
Property and equipment:
Production equipment		10,382,379			11,271,982
Furniture and office equipment		891,921			952,883
Leasehold improvements		997,830			985,649
Total cost		12,272,130			13,210,514
Accumulated depreciation and amortization		(10,377,756	)		(11,936,004	)
Construction in progress		108,874			281,629
Net property and equipment		2,003,248			1,556,139
Right-of-use lease asset		186,000			332,000
Deferred taxes, net		2,528,682			1,569,726
Total assets	$	18,876,946		$	21,602,116
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable, current portion	$	8,130		$	46,797
Accounts payable		3,053,712			2,535,086
Accrued expenses		913,279			1,075,137
Deferred revenue		172,429			251,755
Lease liability, current portion		160,000			160,000
Total current liabilities		4,307,550			4,068,775
Notes payable less current portion		-			8,090
Deferred revenue – long term		31,277			31,277
Long term lease liability		26,000			172,000
Total liabilities		4,364,827			4,280,142
Commitments & Contingencies
Stockholders’ Equity:
Common stock, $0.01 par value, authorized 20,000,000 shares; issued 14,661,487 and 14, 601,487 shares; outstanding 14,525,960 and 14, 519,215; at December 28, 2024 and December 30, 2023, respectively		146,615			146,015
Preferred stock, no shares issued or outstanding		–			–
Additional paid-in capital		40,580,387			40,180,893
Accumulated other comprehensive income		15,500			–
Accumulated deficit		(25,890,245	)		(22,754,796	)
Less cost of 135,527 and 82,272 common shares repurchased at December 28, 2024 and December 30, 2023, respectively		(340,138	)		(250,138	)
Total stockholders’ equity		14,512,119			17,321,974
Total liabilities and stockholders’ equity	$	18,876,946		$	21,602,116