| Cash Flow | 2025-09-30 |
|---|---|
| Net income (loss) | 5,657 |
| Recovery of uncollectible accounts | 80 |
| Depreciation | 645 |
| Deferred income tax provision | -257 |
| Amortization of intangible assets | 2,688 |
| Amortization of acquired inventory valuation | 934 |
| Amortization of loan costs | 296 |
| Stock based compensation | 490 |
| Unrealized (gain) loss on marketable securities | 3,099 |
| Change in fair value of earnout | 434 |
| Change in fair value of mandatorily redeemable noncontrolling interest | -385 |
| Gain on extinguishment | 0 |
| Accounts receivable | 25,167 |
| Inventory | 103 |
| Prepaid expenses and other current assets | 2,054 |
| Security deposits and other long-term assets | 638 |
| Accounts payable and accrued expenses | 62,877 |
| Other liabilities | -102 |
| Net cash provided by operating activities | 43,066 |
| Acquisition of property and equipment, net of disposals | 590 |
| Investment in marketable securities (net of dividends) | 240 |
| Acquisition of indco shares | 1,374 |
| Acquisitions, net of cash acquired | 11,925 |
| Earnout payment | 1,078 |
| Net cash used in investing activities | -15,207 |
| Dividends paid to preferred stockholders | 1,008 |
| Dividends paid to non-controlling interest | 243 |
| Proceeds from (repayments of) term loan | 3,134 |
| Proceeds from (repayments of) lines of credit, net | -18,538 |
| Repayment of subordinated promissory note-related party | 2,231 |
| Repayment of acquisition loan, net | 800 |
| Option expense | 785 |
| Net cash used in financing activities | -18,901 |
| Net increase in cash | 8,958 |
| Cash and cash equivalents at beginning of period | 3,082 |
| Cash and cash equivalents at end of period | 12,040 |
JANEL CORP (JANL)
JANEL CORP (JANL)