For the quarter ending 2025-12-31, KOSS had -$51,075 decrease in cash & cash equivalents over the period. -$1,072,515 in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | -565,407 | 243,729 | -874,831 |
| Provision for (recovery of) credit losses | - | - | 121 |
| Depreciation of equipment and leasehold improvements | 74,413 | 67,427 | 237,210 |
| Net amortization of discount on treasury securities | - | -63,594 | - |
| Net accretion of discount on treasury securities | 122,283 | - | -222,880 |
| Amortization of finance lease right-of-use asset | 2,643 | 2,643 | - |
| Noncash operating lease expense | 1,917 | 1,918 | 7,669 |
| Stock-based compensation expense | 0 | 1,474 | 31,782 |
| Change in cash surrender value of life insurance | 4,738 | 193,324 | 215,012 |
| Provision for deferred compensation | 59,365 | 160,884 | 133,330 |
| Accounts receivable | 46,943 | -172,215 | -72,526 |
| Inventories | 191,058 | -237,748 | 411,387 |
| Prepaid expenses and other current assets | -67,330 | -273,008 | -343,107 |
| Interest receivable | 25,467 | -16,814 | -49,251 |
| Income taxes receivable | 1 | -5,882 | -5,577 |
| Income taxes payable | 2,760 | -9,870 | 7,059 |
| Accounts payable | -219,051 | -110,333 | 489,501 |
| Accrued liabilities | 143,566 | -65,759 | 119,282 |
| Deferred revenue | -1,434 | 21,755 | 12,787 |
| Net cash provided by (used in) operating activities | -760,794 | 762,617 | -214,908 |
| Purchase of equipment and leasehold improvements | 311,721 | 1,100 | 490,717 |
| Life insurance premiums paid | 0 | 51,301 | 70,577 |
| Proceeds from the maturity of treasury securities | 3,000,000 | - | 14,303,000 |
| Purchases of treasury securities | 1,997,241 | 999,729 | 13,861,990 |
| Net cash used in investing activities | 691,038 | -1,052,130 | -120,284 |
| Proceeds from exercise of stock options | 21,099 | - | 305,908 |
| Principal payments on finance lease obligations | 2,418 | 2,371 | - |
| Net cash provided by financing activities | 18,681 | -2,371 | 305,908 |
| Net decrease in cash and cash equivalents | -51,075 | -291,884 | -29,284 |
| Cash and cash equivalents at beginning of period | 2,515,913 | 2,807,797 | - |
| Cash and cash equivalents at end of period | 2,464,838 | 2,515,913 | - |
KOSS CORP (KOSS)
KOSS CORP (KOSS)