For the year ending 2025-12-31, CPHC had $2,136,684 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -529,431 |
| Depreciation and amortization | 3,998,041 |
| Stock-based compensation expense | 687,970 |
| Stock-based employee match contribution | 913,586 |
| Deferred income taxes | 625,000 |
| Loss on disposal of assets | 56,248 |
| Loss from equity investment | -5,242,852 |
| Gain on transfer of land | 0 |
| Accounts receivable | -96,255 |
| Increase in tif receivable | 915,818 |
| Inventory, prepaid expenses and deposits | 151,489 |
| Income taxes receivable and prepaid income taxes | -759,608 |
| Other long-term receivables | 500,000 |
| Operating lease right-of-use assets | -27,674 |
| Operating lease liabilities | -27,674 |
| Accounts payable | -1,622,796 |
| Deferred revenue | 229,992 |
| Casino accruals | 265,061 |
| Accrued wages and payroll taxes | -144,350 |
| Accrued property taxes | 68,190 |
| Other long-term liabilities | -181,000 |
| Payable to horsepersons | 2,290 |
| Net cash provided by operating activities | 8,900,209 |
| Additions to land, buildings, and equipment | 4,182,822 |
| Proceeds from disposal of assets | 34,275 |
| Additions for tif eligible improvements | 754,281 |
| Proceeds from tif receivable | 582,257 |
| Proceeds from sale of short-term investments | 9,500,000 |
| Purchase of short-term investments | 9,500,000 |
| Cash dividends received from equity investments | 82,861 |
| Increase in related party receivable | 1,215,688 |
| Net cash used in investing activities | -5,453,398 |
| Proceeds from issuance of common stock | 212,792 |
| Cash dividend paid to shareholders | 1,426,238 |
| Payments for taxes related to net share settlement of equity awards | 63,730 |
| Principal payments on finance lease | 32,951 |
| Net cash used in financing activities | -1,310,127 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 2,136,684 |
| Cash, cash equivalents, and restricted cash at beginning of year | 13,687,418 |
| Cash, cash equivalents, and restricted cash at end of year | 15,824,102 |
Canterbury Park Holding Corp (CPHC)
Canterbury Park Holding Corp (CPHC)