For the quarter ending 2026-03-31, CVU had $103,349 increase in cash & cash equivalents over the period. -$477,758 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 1,236,718 | 691,830 | 1,113,692 | -2,648,883 |
| Depreciation and amortization | 39,729 | 154,125 | 78,897 | 187,365 |
| Amortization of debt issuance cost | 12,162 | 59,269 | 5,330 | 10,661 |
| Stock-based compensation | 235,287 | 215,592 | 102,206 | 488,812 |
| Deferred income taxes | -267,759 | -23,653 | -234,655 | 1,315,528 |
| Provision for credit losses | - | 17,454 | 0 | -86,814 |
| Amortization of operating lease right-of-use assets | -810,329 | - | 348,621 | 826,431 |
| Decrease (increase) in accounts receivable | -1,598,979 | -617,213 | 345,579 | 2,250,823 |
| (increase) decrease in contract assets | 3,350,829 | -25,640 | 2,668,972 | -1,805,268 |
| Decrease in inventory | -74,915 | 207,217 | -431,567 | 106,884 |
| (increase) in prepaid expenses and other assets | 782,545 | 1,720,110 | 11,501 | -93,450 |
| Decrease in operating right-of-use assets | - | -1,531,629 | - | - |
| Increase in accounts payable and accrued expenses | 428,838 | -1,790,600 | 1,113,085 | 1,057,552 |
| Decrease in contract liabilities | -256,811 | -364,528 | 95,974 | -533,727 |
| Decrease in operating lease liabilities | -345,878 | -337,729 | -329,775 | -836,199 |
| (decrease) increase in loss reserve | -11,750 | 43,344 | 24,945 | 47,305 |
| Increase in income taxes payable | 64,000 | 121,287 | 18,905 | -55,861 |
| Net cash used in operating activities | -424,703 | -2,094,200 | 212,050 | -3,317,875 |
| Purchase of property and equipment | 53,055 | 1,136 | 963 | 62,937 |
| Net cash used in investing activities | -53,055 | -1,136 | -963 | -62,937 |
| Repayments on line of credit | - | 15,890,000 | 250,000 | 1,250,000 |
| Repayments on long-term debt | - | 5,449 | 5,373 | 15,661 |
| Proceeds from line of credit | 800,000 | 8,373,672 | - | - |
| Proceeds from long-term debt | - | 10,000,000 | - | - |
| Proceeds from insurance financing obligation | - | 369,467 | - | - |
| Repayments of insurance financing obligation | 95,672 | 27,883 | 83,604 | 170,009 |
| Taxes paid related to net share settlement of equity awards | - | 88,917 | - | - |
| Equity issuance costs | 123,221 | 282,946 | - | - |
| Net cash provided by (used in) financing activities | 581,107 | 2,447,944 | -338,977 | -1,435,670 |
| Net increase (decrease) in cash | 103,349 | 352,608 | -127,890 | -4,816,482 |
| Cash at beginning of period | 899,199 | 546,591 | 5,490,963 | - |
| Cash at end of period | 1,002,548 | 899,199 | 546,591 | - |
CPI AEROSTRUCTURES INC (CVU)
CPI AEROSTRUCTURES INC (CVU)