For the quarter ending 2025-09-30, MLSS had $70,987 increase in cash & cash equivalents over the period. $69,767 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -4,631,655 | - |
| Depreciation expense | 2,649 | 4,026 |
| Amortization of intangibles | 17,455 | 34,910 |
| Stock based compensation | 363,083 | 490,465 |
| Employees paid in stock | 293,551 | 293,551 |
| Expense paid in stock | 201,251 | 201,251 |
| Bad debt | 0 | 8,525 |
| Net loss | - | -3,477,696 |
| Amortization of right-of-use asset | 18,974 | 57,356 |
| Increase in accounts receivable | 22,723 | 217,350 |
| Increase in prepaid expenses and other current assets | - | 72,938 |
| Increase in accounts receivable, related parties | 3,183 | 6,429 |
| Increase in inventories | 229,971 | 183,802 |
| (increase) decrease in advances on contracts | 139,442 | -143,976 |
| Decrease (increase) prepaid expenses and other current assets | -58,071 | - |
| Increase in accounts payable | 562,282 | 429,192 |
| Increase in accounts payable, related party | 521,905 | 12,142 |
| Decrease in accrued expenses | -208,890 | -407,536 |
| Increase in accrued expenses, related party | -358,477 | -25,108 |
| Decrease operating right of use lease asset | 73,831 | 56,808 |
| Net cash used in operating activities | 81,775 | -2,772,273 |
| Sale of marketable securities | - | 0 |
| Purchase of furniture, fixtures, and equipment | 12,008 | 5,776 |
| Net cash used in provided by investing activities | -6,232 | -5,776 |
| Proceeds exercise of warrants | - | 0 |
| Proceeds from issuance of convertible notes, related parties-Public Placement Offering Debt | - | 800,000 |
| Net proceeds from public placement offering-Public Offering | - | 0 |
| Proceeds from issuances of convertible notes, related parties | 800,000 | - |
| Payments finance lease obligations | 4,556 | 5,695 |
| Net cash provided by financing activities | -4,556 | 794,305 |
| Net (decrease) increase in cash and cash equivalents | 70,987 | -1,983,744 |
| Cash and cash equivalents at beginning of period | 3,258,058 | - |
| Cash and cash equivalents at end of period | 1,345,301 | - |
MILESTONE SCIENTIFIC INC. (MLSS)
MILESTONE SCIENTIFIC INC. (MLSS)