| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 7,253 | 4,836 |
| Investment related (gains) losses on sale of investments and other assets | -1,741 | -486 |
| Net deferred policy acquisition cost | -14,488 | -9,309 |
| Amortization of cost of insurance acquired | 305 | 177 |
| Depreciation | 535 | 343 |
| Amortization of premiums and discounts on investments | -3,459 | -2,379 |
| Stock-based compensation | 1,727 | 1,797 |
| Deferred federal income tax expense (benefit) | 1,215 | -375 |
| Accrued investment income | -261 | -23 |
| Reinsurance recoverable | 3,444 | 2,447 |
| Due premiums | -1,784 | -986 |
| Future policy benefit reserves | -13,118 | -6,335 |
| Other policyholders' liabilities | 24,494 | 14,670 |
| Federal income tax receivable | -384 | -995 |
| Commissions payable and other liabilities | -1,093 | -1,417 |
| Other, net | 1,356 | 601 |
| Net cash provided by operating activities | 8,891 | 4,218 |
| Purchases of fixed maturity securities, available-for-sale | 101,344 | 34,375 |
| Sales of fixed maturity securities, available-for-sale | 60,143 | 14,569 |
| Maturities and calls of fixed maturity securities, available-for-sale | 30,354 | 14,723 |
| Purchases of equity securities | 120 | - |
| Sales of equity securities | 4,482 | - |
| Principal payments on mortgage loans | 6 | 4 |
| Change in policy loans | -2,499 | -1,568 |
| Sales of other long-term investments | 1,603 | 2,031 |
| Purchases of other long-term investments | 8,443 | 4,872 |
| Purchase of property and equipment | 343 | 283 |
| Net cash used in investing activities | -11,163 | -6,635 |
| Annuity deposits | 6,939 | 4,434 |
| Annuity withdrawals | 10,535 | 8,345 |
| Other share repurchases | -280 | -272 |
| Net cash used in financing activities | -3,876 | -4,183 |
| Net increase (decrease) in cash and cash equivalents | -6,148 | -6,600 |
| Cash and cash equivalents at beginning of period | 29,271 | - |
| Cash and cash equivalents at end of period | 23,123 | - |
CITIZENS, INC. (CIA)
CITIZENS, INC. (CIA)