For the quarter ending 2025-12-31, CSPI had -$2,490K decrease in cash & cash equivalents over the period. -$3,021K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 91 | -191 | 100 |
| Depreciation | 60 | 55 | 182 |
| Amortization of intangibles | 2 | 2 | 5 |
| Loss on disposal of fixed assets, net | -1 | 0 | -1 |
| Foreign exchange loss (gain) | -7 | 70 | -37 |
| Provision (benefit) for credit losses - financing receivables | 21 | 17 | 46 |
| (benefit) provision for credit losses - accounts receivable | -27 | -1 | 26 |
| Provision for obsolete inventory | - | 81 | 101 |
| Amortization of lease right-of-use assets | 103 | 96 | 362 |
| Stock-based compensation expense on restricted stock awards | 463 | 411 | 1,358 |
| Deferred income taxes | -250 | 104 | 1,721 |
| Increase in cash surrender value of life insurance | 32 | 39 | 163 |
| Accounts receivable | -243 | -1,403 | -1,071 |
| Financing receivables | 254 | 7,983 | -322 |
| Inventories | 924 | -1,987 | 1,318 |
| Refundable income taxes | -67 | - | 67 |
| Other assets | -145 | 235 | -805 |
| Accounts payable and accrued expenses | -5,193 | 6,987 | 490 |
| Operating lease liabilities | -73 | -195 | -255 |
| Deferred revenue and contract liabilities | 128 | -78 | -590 |
| Pension and retirement plans | 31 | 144 | -701 |
| Income taxes payable | -124 | -66 | -206 |
| Other noncurrent liabilities | 2,166 | -390 | 485 |
| Net cash (used in) provided by operating activities | -2,916 | 1,898 | 370 |
| Life insurance premiums paid | - | 0 | 54 |
| Additions of intangible assets | - | 26 | 0 |
| Purchases of property, equipment and improvements | 105 | 228 | 120 |
| Net cash used in investing activities | -105 | -254 | -174 |
| Repayments on note payable | - | 0 | 0 |
| Repurchases of common stock | - | 234 | 635 |
| Proceeds from issuance of shares under equity compensation plans | - | 187 | 99 |
| Dividends paid | - | 298 | 890 |
| Net borrowing (repayment) under line-of-credit agreement | 533 | -237 | -3,028 |
| Net cash provided by (used in) financing activities | 533 | -582 | -4,454 |
| Effects of exchange rate on cash, net | -2 | 48 | -19 |
| Net (decrease) increase in cash and cash equivalents | -2,490 | 1,110 | -4,277 |
| Cash and cash equivalents at beginning of period | 27,418 | 30,585 | - |
| Cash and cash equivalents at end of period | 24,928 | 27,418 | - |
CSP INC MA (CSPI)
CSP INC MA (CSPI)