For the quarter ending 2025-08-31, NEOG had $9,879K increase in cash & cash equivalents over the period. -$13,149K in free cash flow.
| Cash Flow | 2025-08-31 | 2025-05-31 |
|---|---|---|
| Gain on sale of business | 76,390 | - |
| Net income (loss) | 36,338 | -1,092,044 |
| Depreciation and amortization | 29,055 | 119,483 |
| Impairment of discontinued product lines | - | 0 |
| Deferred income taxes | -5,830 | -57,783 |
| Goodwill and other long-lived asset impairment | - | 1,068,747 |
| Share-based compensation | 4,962 | 17,291 |
| Loss on disposal of property and equipment | -699 | 25 |
| Amortization of debt issuance costs | 539 | 3,219 |
| Loss on refinancing and extinguishment of debt | -393 | -1,938 |
| Other | 382 | 2,839 |
| Accounts receivable, net | -17,607 | -11,638 |
| Right of use asset amortization | - | 6,189 |
| Inventories, net | 1,958 | 16,117 |
| Prepaid expenses and other current assets | -1,239 | 1,504 |
| Accounts payable and accrued liabilities | 14,169 | -402 |
| Interest expense accrual | -7,521 | 93 |
| (gain) loss on sale of minority interest | - | 0 |
| Change in other non-current assets and non-current liabilities | 2,067 | -360 |
| Net cash provided by (used for) operating activities | 10,853 | 58,244 |
| Purchases of property, equipment and other non-current intangible assets | 24,002 | 104,595 |
| Proceeds from the maturities of marketable securities | 0 | 325 |
| Purchase of marketable securities | - | 0 |
| Proceeds from sale of business, net of cash divested | 121,724 | - |
| Business acquisitions, net of cash acquired | - | 0 |
| Proceeds from the sale of property and equipment and other | 3 | 5,075 |
| Proceeds from issuance of revolving credit facility | - | 100,000 |
| Net cash provided by (used for) investing activities | 97,725 | -99,195 |
| Exercise of stock options and issuance of employee stock purchase plan shares | 905 | 2,242 |
| Proceeds from issuance of long-term debt | - | 450,000 |
| Tax payments related to share-based awards | 223 | 1,500 |
| Debt issuance costs paid | - | 2,019 |
| Repayment of finance lease | 75 | - |
| Repayment of finance lease and other | - | 321 |
| Repayment of outstanding debt | 100,000 | 550,000 |
| Net cash (used for) provided by financing activities | -99,393 | -1,598 |
| Effects of foreign exchange rate on cash | 694 | 942 |
| Net increase (decrease) in cash and cash equivalents | 9,879 | -41,607 |
| Cash and cash equivalents at beginning of period | 129,004 | - |
| Cash and cash equivalents at end of period | 138,883 | - |
NEOGEN CORP (NEOG)
NEOGEN CORP (NEOG)