For the quarter ending 2026-01-31, OCC had -$111,641 decrease in cash & cash equivalents over the period. $1,029,116 in free cash flow.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|
| Net sales | 16,430,955 | 73,038,213 | - |
| Cost of goods sold | 11,061,191 | 50,439,277 | - |
| Employee and contracted sales personnel-related expenses | 3,754,432 | 15,156,256 | - |
| Shipping expenses | 467,286 | 1,951,899 | - |
| Travel and entertainment expenses | 171,663 | 690,327 | - |
| Professional fees and expenses | 121,969 | 761,950 | - |
| Other | 1,062,709 | 4,488,836 | - |
| Income (loss) from operations | -208,295 | -450,332 | - |
| Interest expense, net | 210,648 | 1,005,276 | - |
| Gain on insurance proceeds, net | - | 0 | - |
| Other, net | -49 | 31,051 | - |
| Other income (expense), net | -210,697 | -974,225 | - |
| Income (loss) before income taxes | -418,992 | -1,424,557 | - |
| Gain on insurance proceeds, net | - | 0 | 0 |
| Income tax expense (benefit) | -21,463 | 30,297 | - |
| Net loss | -397,529 | 48,613 | -1,503,467 |
| Depreciation and amortization | 196,572 | 196,512 | 608,001 |
| Bad debt recovery | -13,976 | -19,712 | 496 |
| Share-based compensation expense | 88,974 | 93,240 | 293,399 |
| Loss on disposal of property and equipment | -65 | 0 | -6,292 |
| Trade accounts receivable | -2,215,266 | -816,665 | 131,850 |
| Other receivables | 27,265 | 6,301 | -46,959 |
| Income taxes refundable | -3,374 | 10,125 | -1,625 |
| Inventories | 1,092,263 | 1,104,320 | -27,883 |
| Prepaid expenses and other assets | 84,003 | -72,208 | -144,190 |
| Other assets | -118,637 | -99,384 | -340,825 |
| Accounts payable and accrued expenses | 235,321 | 704,434 | 848,216 |
| Accrued compensation and payroll taxes | 39,547 | -19,389 | 236,364 |
| Income taxes payable | 6,651 | 13,896 | -7,730 |
| Other noncurrent liabilities | -122,302 | -87,775 | -294,458 |
| Net cash provided by operating activities | 1,167,069 | 797,330 | 616,745 |
| Purchase of and deposits for the purchase of property and equipment | 137,953 | 78,489 | 217,048 |
| Insurance proceeds received | - | 0 | 0 |
| Investment in intangible assets | 25,881 | 5,130 | 16,538 |
| Net cash used in investing activities | -163,834 | -83,619 | -233,586 |
| Payroll taxes withheld and remitted on share-based payments | - | 0 | 107,313 |
| Proceeds from note payable, revolver | 17,807,091 | 19,829,634 | 53,653,397 |
| Payments on note payable, revolver | 18,864,263 | 20,670,139 | 55,509,858 |
| Principal payments on long-term debt | 14,619 | 14,301 | 42,881 |
| Payments for financing costs | 25,000 | 25,000 | 75,000 |
| Issuance of redeemable common stock, net of issuance costs | - | 0 | 1,907,517 |
| Principal payments on finance leases | 18,085 | 17,811 | 31,854 |
| Net cash used in financing activities | -1,114,876 | -897,617 | -205,992 |
| Net increase (decrease) in cash | -111,641 | -183,906 | 177,167 |
| Cash at beginning of period | 237,508 | 244,247 | - |
| Cash at end of period | 125,867 | 237,508 | - |
OPTICAL CABLE CORP (OCC)
OPTICAL CABLE CORP (OCC)