For the year ending 2025-12-31, SMID had $4,336K increase in cash & cash equivalents over the period. $4,963K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 12,506 |
| Depreciation and amortization | 2,887 |
| Gain on sale of fixed assets | 20 |
| Allowance for credit losses | -591 |
| Stock compensation | 59 |
| Inventory reserve | -22 |
| Deferred taxes | 966 |
| Accounts receivable - billed | 7,217 |
| Accounts receivable - unbilled | -154 |
| Inventories | 229 |
| Prepaid expenses and other assets | 747 |
| Refundable income taxes | 0 |
| Accounts payable - trade | 442 |
| Accrued expenses and other liabilities | 457 |
| Deferred revenue | 4,356 |
| Accrued compensation | 394 |
| Accrued income taxes | 64 |
| Customer deposits | 842 |
| Net cash provided by (used in) operating activities | 14,301 |
| Purchases of property and equipment | 9,338 |
| Proceeds from sale of property and equipment | 20 |
| Net cash provided by (used in) investing activities | -9,318 |
| Repayments of long-term borrowings | 647 |
| Net cash provided by (used in) financing activities | -647 |
| Net increase (decrease) in cash | 4,336 |
| Cash, beginning of year | 7,548 |
| Cash, end of year | 11,884 |
SMITH MIDLAND CORP (SMID)
SMITH MIDLAND CORP (SMID)