GLGI: the cash flow

MyFinsight

For the quarter ending 2025-11-30, GLGI had -$1,419,344 decrease in cash & cash equivalents over the period. -$1,758,008 in free cash flow.

Cash Flow	2025-11-30	2025-08-31	2025-05-31
Net loss	-2,064,095	-1,099,022	2,351,010
(gain) loss on disposition of assets	-	-	43,027
Gain on involuntary conversion	0	0	741,821
Depreciation and amortization	1,397,903	1,530,669	5,772,850
Change in deferred taxes	138,440	-350,672	947,391
Trade accounts receivable	-1,071,083	-1,798,260	-540,387
Increase in other accounts receivable	-	-	-2,107,108
Related parties receivable	-231,630	-96,700	625,313
Inventory	-661,639	-8,881	-387,588
Operating lease expense	6,790	6,789	26,464
Prepaid expenses	744,032	-190,984	-28,511
Accounts payable and accrued expenses	-1,458,711	-274,324	354,282
Deferred revenue	0	0	-817,981
Net cash provided by operating activities	-759,354	1,908,265	10,287,449
Purchase of property, plant and equipment	998,654	441,739	5,753,429
Proceeds from sale of property, plant and equipment	-	-	50,000
Net cash used in investing activities	-998,654	-441,739	-5,703,429
Principal payments on long-term debt and financing leases	561,336	547,535	2,383,786
Principal payments on revolving loan	-	-	0
Payments for retirement of preferred stock	-	-	5,000,000
Advances from revolver loan	900,000	-	-
Repurchase of common stock	0	123,147	606,737
Repurchase and retirement of common stock	-	-	420,000
Payments for debt issue costs	-	-	0
Dividends paid on preferred stock	0	1,610	427,103
Net cash used in financing activities	338,664	-672,292	-8,837,626
Net decrease in cash	-1,419,344	794,234	-4,253,606
Cash and cash equivalents at beginning of period	2,339,269	1,545,035	-
Cash and cash equivalents at end of period	919,925	2,339,269	-

Unit: Dollar. Numbers labeled with * are estimated quarterly values.