For the quarter ending 2026-03-31, LGCY had $623,739 increase in cash & cash equivalents over the period. $515,772 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Related party receivable | - | - | - | 0 |
| Net income | 3,029,296 | 2,042,701 | 2,186,960 | 7,534,232 |
| Loss on disposal of fixed assets | -8,005 | -3,890 | - | - |
| Non cash compensation | 296,001 | 295,958 | 269,246 | 552,800 |
| Depreciation & amortization | 155,753 | 173,514 | 123,828 | 441,718 |
| Deferred income tax | - | - | - | 502,454 |
| Provision for allowance for doubtful accounts for accounts receivable and contracts receivable | 305,410 | 488,099 | 641,681 | 2,529,500 |
| Accounts receivable | 1,724,922 | 1,195,516 | 2,792,068 | 2,993,192 |
| Prepaid expenses | 341,303 | -46,603 | 795,737 | 327,148 |
| Other receivable | -2,070 | 148,840 | 177,090 | 161,530 |
| Other assets | 6,003 | -5,562 | -51,912 | 54,293 |
| Accounts payable and accrued liabilities | 147,589 | -1,418,547 | 365,148 | 1,056,269 |
| Income tax payable | -1,438,867 | 831,747 | 787,724 | -847,085 |
| Deferred unearned tuition | 331,330 | -69,600 | 394,731 | -465,486 |
| Net cash provided by operating activities | 764,359 | 1,055,571 | 1,056,335 | 7,768,239 |
| Cash paid under apa | - | - | - | 6,133,087 |
| Purchases of property and equipment | 248,587 | 542,866 | 246,677 | 844,320 |
| Net cash used in investing activities | -248,587 | -542,866 | -246,677 | -6,977,407 |
| Proceeds from ipo, net of offering cost | - | - | - | 9,162,845 |
| Proceeds from exercise of options | 118,755 | 69,628 | 165,895 | 374,631 |
| Principal payment on finance lease | -3,980 | 11,002 | 61,104 | 57,260 |
| Principal payments on debt | 14,768 | 100,093 | 644,719 | 330,840 |
| Net cash provided by (used in) financing activities | 107,967 | -41,467 | -539,928 | 9,149,376 |
| Net increase cash and cash equivalents and restricted cash | 623,739 | 471,238 | 269,730 | 9,940,208 |
| Cash and cash equivalents and restricted cash, beginning of year | 21,057,325 | 20,586,087 | 20,316,357 | 10,376,149 |
| Cash and cash equivalents and restricted cash, end of period | 21,681,064 | 21,057,325 | 20,586,087 | 20,316,357 |
Legacy Education Inc. (LGCY)
Legacy Education Inc. (LGCY)