For the year ending 2025-12-31, CVU had -$4,591,764 decrease in cash & cash equivalents over the period. -$5,265,061 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -843,361 |
| Depreciation and amortization | 420,387 |
| Amortization of debt issuance costs | 75,260 |
| Stock-based compensation expense | 806,610 |
| Deferred income taxes | 1,057,220 |
| Provision for credit losses | -69,360 |
| (increase) decrease in accounts receivable | 1,979,189 |
| (increase) decrease in contract assets | 838,064 |
| Decrease in inventory | -117,466 |
| (increase) decrease in prepaid expenses and other current assets | 1,638,161 |
| Decrease in operating right-of-use assets | -1,531,629 |
| (decrease) increase in accounts payable and accrued expenses | 380,037 |
| (decrease) in contract liabilities | -802,281 |
| (decrease) in lease liabilities | -1,503,703 |
| Increase (decrease) in loss reserve | 115,594 |
| Increase in income taxes payable | 84,331 |
| Net cash (used in) provided by operating activities | -5,200,025 |
| Purchase of property and equipment | 65,036 |
| Net cash used in investing activities | -65,036 |
| Repayments on line of credit | 17,390,000 |
| Repayments on long-term debt | 26,483 |
| Proceeds from line of credit | 8,373,672 |
| Proceeds from long-term debt | 10,000,000 |
| Proceeds from insurance financing obligation | 369,467 |
| Repayments of insurance financing obligation | 281,496 |
| Taxes paid related to net share settlement of equity awards | 88,917 |
| Debt issuance costs | 282,946 |
| Net cash provided by (used in) financing activities | 673,297 |
| Net (decrease) increase in cash | -4,591,764 |
| Cash at beginning of year | 5,490,963 |
| Cash at end of year | 899,199 |
CPI AEROSTRUCTURES INC (CVU)
CPI AEROSTRUCTURES INC (CVU)