For the year ending 2025-12-31, OPTX had -$239,920 decrease in cash & cash equivalents over the period. $28,343 in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Grant revenue income | - | 0 |
| Net loss | -1,793,227 | -2,479,661 |
| Depreciation and amortization | 2,613,229 | 2,765,713 |
| Amortization of debt issuance costs | 15,501 | 15,057 |
| Gain on disposal of property and equipment | - | 309,000 |
| Stock-based compensation | 300,000 | 450,000 |
| Change in allowance for expected credit losses | 15,869 | 121,767 |
| Change in reserve for obsolescence | 80,667 | 186,285 |
| Deferred income taxes | 439,942 | -514,832 |
| Accounts receivable | 518,432 | -1,182,626 |
| Inventory | 1,012,332 | 1,305,454 |
| Prepaid expenses and other assets | 59,238 | 237,146 |
| Accounts payables and accrued expenses | 381,372 | -231,163 |
| Federal income tax payable | 179,376 | -380,000 |
| Deferred revenue | 29,908 | 36,512 |
| Net cash provided by (used in) operating activities | 672,635 | -942,830 |
| Purchases of property and equipment | 644,292 | 1,239,866 |
| Proceeds from disposal of property and equipment | - | 309,000 |
| Net cash used in investing activities | -644,292 | -930,866 |
| Cash proceeds from olit | - | 0 |
| Net proceeds from olit trust | - | 0 |
| Distributions | - | 0 |
| Borrowing on line of credit, net | 500,000 | -273,729 |
| Borrowing on debt obligations | - | 1,100,388 |
| Borrowing on debt obligations - related parties | 1,268,732 | - |
| Repayments on debt obligations | 1,737,654 | 420,802 |
| Repayments on finance lease obligations | 299,341 | 91,619 |
| Net cash (used in) provided by financing activities | -268,263 | 314,238 |
| Net decrease in cash | -239,920 | -1,559,458 |
| Cash - beginning | 598,787 | 2,158,245 |
| Cash - ending | 358,867 | 598,787 |
SYNTEC OPTICS HOLDINGS, INC. (OPTX)
SYNTEC OPTICS HOLDINGS, INC. (OPTX)