FORM 10-K Omega Flex, Inc. Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐Smaller reporting company☒Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act Yes☐No☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C 7262(b)) by the registered public If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The aggregate market value of voting and non-voting shares of common stock held by non-affiliates of the registrant as of June 30, 2025, thelast business day of the second quarter of 2025, was $113,890,795. The number of shares of common stock outstanding as of March 1, 2026 was 10,094,322. DOCUMENTS INCORPORATED BY REFERENCE The information required by Part III (Items 10, 11, 12, 13, and 14) is incorporated by reference from the registrant’s definitive proxy statement(to be filed pursuant to Regulation 14A no later than 120 days after December 31, 2025, or April 30, 2026) for the 2026 annual meeting ofshareholders. Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities19Item 6.[Reserved]19Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations20 Item 10.Directors, Executive Officers, and Corporate Governance56Item 11.Executive Compensation56 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this Annual Report on Form 10-K (“annual report” or “report”) of Omega Flex, Inc. that are not historicalfacts — but rather reflect our current expectations concerning future results and events — constitute forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. The words “believes,” “expects,” “intends,” “plans,” “anticipates,”“intends,” “estimates,” “potential,” “continues,” “hopes,” “likely,” “will,” and similar expressions, or the negative of these terms, identifysuch forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to risks and Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as ofthe date of this annual report. We undertake no obligation to update or revise any forward-looking statements, whether to reflect events orcircumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances, except as required by law. Unless otherwise indicated or the context otherwise requires, all references in this annual report to the terms “Omega Flex,” the“Company,” “us,” “we”, and “our” refer to Omega Flex, Inc. and its subsidiaries. PART I Item 1 - BUSINESS Overview of the Company The Company is a leading manufacturer of flexible metal hose, which is used in a variety of ways to carry gases and liquids within ●carryi