APT: the cash flow

MyFinsight

For the quarter ending 2026-03-31, APT had -$105K decrease in cash & cash equivalents over the period. -$105K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net income	702	698	976	1,857
Stock-based compensation	132	132	136	272
Depreciation and amortization	250	239	203	483
Equity in income of unconsolidated affiliate	155	-123	27	278
Gain on sale of property and equipment	-	0	0	-
Non-cash lease expense	-	241	236	462
Deferred income taxes	-	176	-	-
Amortization of right-of-use assets	245	-	-	-
Accounts receivable, net	936	1,437	-2,864	4,671
Accounts receivable, related party	261	-428	213	215
Inventory, net	-1,553	119	1,118	-372
Prepaid expenses	-165	314	-456	-438
Accounts payable and accrued liabilities	-1,445	374	645	-156
Lease liabilities	-238	-223	-235	-435
Net cash and cash equivalents provided by (used in) operating activities	12	318	3,923	-1,871
Purchases of property and equipment	117	267	99	273
Proceeds from sale of property and equipment	-	0	0	-
Net cash and cash equivalents used in investing activities	-117	-267	-372	-
Proceeds from exercise of stock options	-	0	0	0
Repurchase of common stock	0	713	624	2,008
Treasury stock excise tax	0	8	6	20
Net cash and cash equivalents used in financing activities	0	-721	-630	-2,028
Decrease in cash and cash equivalents	-105	-670	3,194	-4,172
Cash and cash equivalents, beginning of the period	16,988	17,658	18,636	-
Cash and cash equivalents, end of the period	16,883	16,988	17,658	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.