For the quarter ending 2025-09-30, OPTXW had $290,839 increase in cash & cash equivalents over the period. $496,252 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Gain on disposal of property and equipment | - | 0 | - | 309,000 |
| Deferred income taxes | - | 0 | 0 | -514,832 |
| Grant revenue income | - | - | - | 0 |
| Federal income tax payable | - | 0 | 0 | -380,000 |
| Net loss | -1,429,133 | -343,921 | 323,665 | -2,479,661 |
| Depreciation and amortization | 646,508 | 676,623 | 710,804 | 2,765,713 |
| Amortization of debt issuance costs | 2,416 | 2,418 | 2,416 | 15,057 |
| Stock-based compensation | 225,000 | - | - | 450,000 |
| Change in allowance for expected credit losses | 54,156 | -90,971 | 15,244 | 121,767 |
| Change in reserve for obsolescence | 12,382 | -69,226 | 50,345 | 186,285 |
| Accounts receivable | -271,519 | -193,483 | 568,310 | -1,182,626 |
| Inventory | -58,304 | 328,366 | 692,092 | 1,305,454 |
| Federal income tax receivable | 0 | 0 | -179,376 | - |
| Prepaid expenses and other assets | -76,185 | -241,801 | -33,487 | 237,146 |
| Accounts payables and accrued expenses | 739,893 | -623,612 | 279,142 | -231,163 |
| Deferred revenue | -13,630 | 1,780 | -4,299 | 36,512 |
| Net cash provided by (used in) operating activities | 535,288 | -158,049 | 299,290 | -942,830 |
| Proceeds from disposal of property and equipment | - | 0 | - | - |
| Purchases of property and equipment | 39,036 | 390,041 | 214,731 | 1,239,866 |
| Proceeds from disposal of property and equipment | - | - | - | 309,000 |
| Net cash used in investing activities | -39,036 | -390,041 | -214,731 | -930,866 |
| Cash proceeds from olit | - | - | - | 0 |
| Net proceeds from olit trust | - | - | - | 0 |
| Distributions | - | - | - | 0 |
| Borrowing on debt obligations | - | 0 | 0 | - |
| (repayments) borrowing on line of credit, net | 0 | 500,000 | - | -273,729 |
| Borrowing on debt obligations | - | - | - | 1,100,388 |
| Repayments on debt obligations | 115,033 | 117,153 | 114,277 | 420,802 |
| Repayments on finance lease obligations | 90,380 | 88,576 | 28,165 | 91,619 |
| Net cash (used in) provided by financing activities | -205,413 | 294,271 | -142,442 | 314,238 |
| Net decrease in cash | 290,839 | -253,819 | -57,883 | -1,559,458 |
| Cash and cash equivalents at beginning of period | 287,085 | 540,904 | 598,787 | 2,158,245 |
| Cash and cash equivalents at end of period | 577,924 | 287,085 | 540,904 | 598,787 |
SYNTEC OPTICS HOLDINGS, INC. (OPTXW)
SYNTEC OPTICS HOLDINGS, INC. (OPTXW)