MEC: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MEC had $1,369K increase in cash & cash equivalents over the period. -$10,275K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income (loss)	-10,775	7,023
Depreciation	8,451	15,179
Amortization	3,125	3,466
Allowance for doubtful accounts	59	12
Inventory excess and obsolescence reserve	-44	-164
Stock-based compensation expense	458	2,495
Gain on disposal of property, plant and equipment	3	-2
Deferred compensation	649	451
Non-cash lease expense	1,632	2,702
Other non-cash adjustments	-137	-143
Accounts receivable	-5,064	10,420
Inventories	8,791	-7,130
Tooling in progress	-732	617
Prepaids and other current assets	-18	1,951
Accounts payable	3,569	6,391
Deferred income taxes	-3,377	1,764
Operating lease obligations	-1,704	-2,535
Accrued liabilities	-7,919	2,829
Net cash provided by operating activities	-8,719	33,900
Purchases of property, plant and equipment	1,556	6,874
Proceeds from sale of property, plant and equipment	-85	107
Cash paid for acquisition, net of cash acquired	140,062	-
Net cash used in investing activities	-141,703	-6,767
Proceeds from the exercise of stock options	-	345
Repayments of other long-term debt	-	306
Proceeds from bank revolving credit notes	874,405	273,536
Payments on bank revolving credit notes	716,841	298,967
Payments of financing costs	793	-
Shares withheld for employees' taxes	819	758
Purchase of treasury stock	3,609	998
Payments on finance leases	513	343
Net cash provided by (used in) financing activities	151,791	-27,491
Net increase (decrease) in cash and cash equivalents	1,369	-358
Cash and cash equivalents at beginning of period	206	-
Cash and cash equivalents at end of period	1,217	-

Unit: Thousand (K) dollars