For the year ending 2025-08-31, NTIC had $2,298,339 increase in cash & cash equivalents over the period. $916,518 in free cash flow.
| Cash Flow | 2025-08-31 |
|---|---|
| Net income | 986,393 |
| Stock-based compensation | 1,360,086 |
| Depreciation expense | 979,981 |
| Amortization expense | 777,289 |
| Loss on disposal of property and equipment | -77,984 |
| Change in allowance for credit losses | -75,000 |
| Equity in income from joint ventures | 3,539,056 |
| Dividends received from joint ventures | 1,566,947 |
| Deferred income taxes | -50,984 |
| Trade | -941,732 |
| Fees for services provided to joint ventures | -157,463 |
| Dividends receivable from joint venture | 0 |
| Income taxes | 418 |
| Inventories, net | 1,277,772 |
| Prepaid expenses and other | 300,058 |
| Accounts payable | 1,472,793 |
| Income tax payable | 109,712 |
| Accrued liabilities | -846,105 |
| Net cash provided by operating activities | 2,442,955 |
| Purchases of property and equipment | 1,526,437 |
| Proceeds from sale of property and equipment | 20,000 |
| Investments in patents and capitalized software costs | 2,423,886 |
| Net cash used in investing activities | -3,930,323 |
| Dividend received by non-controlling interest | 280,000 |
| Repayments of line of credit | 26,950,508 |
| Proceeds from issuance of long-term debt | 538,090 |
| Proceeds from line of credit | 31,987,921 |
| Dividends paid on ntic common stock | 1,515,361 |
| Proceeds from employee stock purchase plan | 81,496 |
| Proceeds from exercise of stock options | 0 |
| Net cash provided by (used in) financing activities | 3,861,638 |
| Effect of exchange rate changes on cash and cash equivalents | -75,931 |
| Net increase in cash and cash equivalents | 2,298,339 |
| Cash and cash equivalents at beginning of period | 4,952,184 |
| Cash and cash equivalents at end of period | 7,250,523 |
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)