For the quarter ending 2025-09-30, LEAT had -$3,334,725 decrease in cash & cash equivalents over the period. -$3,090,366 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) available to common shareholders | 539,256 | 2,259,858 |
| Depreciation | 343,565 | 659,614 |
| Share-based payment arrangement, noncash expense | 123,522 | 243,017 |
| Bad debts | 30,667 | -100,091 |
| Inventory reserve | 53,653 | 40,203 |
| The amount of deferred asset allowance | 0 | - |
| Gain on sale of property and equipment | -27 | 18,943 |
| Accounts receivable | 2,559,485 | 1,753,961 |
| Represents the amount of deferred asset | 0 | - |
| Inventory | 4,440,981 | -5,052,510 |
| Payments in advance | -75,834 | 206,557 |
| Prepaid expenses and other current assets | 527,844 | 416,686 |
| Income tax receivable | 0 | -31,330 |
| Increase (decrease) in long-term receivables, current | 0 | -56,391 |
| Deposits | 415 | 6,904 |
| Accounts payable and accrued expenses (increasedecreaseinaccountspayableandaccruedliabilities) | 3,508,436 | -2,498,082 |
| Income taxes payable (increasedecreaseinaccruedincometaxespayable) | 186,252 | 772,741 |
| Net cash provided by operating activities | -2,667,513 | 4,114,440 |
| Capital expenditures | 422,853 | 349,011 |
| Proceeds from sale of property, plant, and equipment | 666 | 19,250 |
| Net cash used in investing activities | -422,187 | -329,761 |
| Repayment of notes payable to bank | 5,239 | 18,140 |
| Repayment of short-term loan, net | 179,594 | 548,464 |
| Payments for repurchase of equity | 136,686 | - |
| Net cash used in financing activities | -321,519 | -566,604 |
| Effect of exchange rate on cash, cash equivalents, restricted cash, and restricted cash equivalents, including disposal group and discontinued operations | 76,494 | 140,013 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, period increase (decrease), including exchange rate effect | -3,334,725 | 3,358,088 |
| Cash and cash equivalents at beginning of period | 12,368,100 | - |
| Cash and cash equivalents at end of period | 12,391,463 | - |
Leatt Corp (LEAT)
Leatt Corp (LEAT)