CULP: the cashflow

MyFinsight

For the quarter ending 2025-11-02, CULP had -$366K decrease in cash & cash equivalents over the period. -$510K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-11-02	2025-08-03
Net loss	-4,306	-231
Depreciation	1,057	1,111
Non-cash inventory charge (credit)	1,043	-67
Amortization	97	95
Stock-based compensation	177	156
Deferred income taxes	103	309
Gain sale of equipment	-5	9
Realized gain on sale of invesments (rabbi trust)	3	-
Non-cash restructuring (credit) expense	63	-3,664
Foreign currency exchange loss	-396	-122
Accounts receivable	2,242	-3,482
Inventories	829	683
Other current assets	-282	-212
Other assets	-91	-13
Accounts payable trade	5,191	-3,126
Deferred revenue	404	63
Accrued restructuring	178	-506
Accrued expenses and deferred compensation	-640	1,016
Income taxes	-1,538	1,012
Net cash used in operating activities	-471	-695
Capital expenditures	39	179
Proceeds from the sale of property, plant, and equipment	13	966
Proceeds from notes receivable	60	120
Proceeds from the sale of investments (rabbi trust)	479	237
Purchase of investments (rabbi trust)	96	158
Net cash provided by (used in) investing activities	180	986
Procceds from line credit	2,163	5,886
Payments on lines of credit	2,163	552
Payment of debt issuance costs	49	120
Common stock surrendered for withholding taxes payable	16	60
Net cash provided by financing activities	-65	5,154
Effect of foreign currency exchange rate changes on cash and cash equivalents	-10	20
Increase in cash and cash equivalents	-366	5,465
Cash and cash equivalents at beginning of period	5,629	-
Cash and cash equivalents at end of period	10,728	-

Unit: Thousand (K) dollars