The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 461,873 | -869,940 | - |
| Depreciation | -21,272 | 9,811 | 19,591 |
| Amortization of right to use asset - operating lease | -62,227 | 29,303 | 57,466 |
| Amortization of finance lease asset | -6,628 | 3,314 | 6,628 |
| Provision for credit losses | -559,204 | 326,273 | 630,266 |
| Amortization of loan origination fees | -29,902 | -394 | -788 |
| Net income | - | - | 593,916 |
| Stock compensation | -7,650 | 4,325 | 4,325 |
| (increase)/decrease in prepaid expenses and other current assets | 1,313,715 | 63,647 | -53,155 |
| (increase)/decrease in deferred tax asset, net | -27,000 | 15,000 | 36,000 |
| Increase/(decrease) in drafts payable | 189,697 | -203,373 | 2,412,207 |
| Increase/(decrease) in accrued expenses and other current liabilities | 325,112 | -37,505 | 116,971 |
| Increase/(decrease) in operating lease liability | 62,226 | -29,302 | -57,466 |
| Net cash provided by operating activities | -1,798,632 | 300,617 | 3,801,847 |
| Disbursements under premium finance contracts receivable, net | -3,806,438 | 3,796,983 | 6,834,851 |
| Payments made on cash surrender value of life insurance | -43,556 | 35,011 | 17,121 |
| Purchases of property and equipment | 27,450 | 0 | 887 |
| Net cash used in investing activities | 3,822,544 | -3,831,994 | -6,852,859 |
| Cash overdraft | -278,021 | 619,825 | -328,421 |
| Proceeds from notes payable - stockholders and related parties | - | 14,460 | 65,000 |
| Proceeds (repayments) of line of credit | -2,097,541 | 3,667,327 | 3,192,618 |
| Proceeds of other loans | - | - | 0 |
| Proceeds from loan on cash surrender value of life insurance, net of repayments | - | 5,771 | - |
| Proceeds (repayments) from loan on cash surrender value of life insurance | -36 | - | - |
| Repayment of other loans | - | 0 | 45,705 |
| Proceeds from notes payable | -499,432 | 80,426 | 429,006 |
| Repayment of notes payable | -530,961 | 342,961 | 188,000 |
| Repayments of notes payable - stockholders and related parties | -430,000 | 490,000 | - |
| Repayment of finance lease obligation | -6,753 | 3,490 | 6,847 |
| Proceeds from loan on cash surrender value of life insurance, net of repayments | - | - | 3,888 |
| Repurchase of common stock | 135,001 | - | - |
| Dividends paid on series a convertible preferred stock | -58,100 | 29,050 | 58,100 |
| Net cash provided by/(used in) financing activities | -2,023,743 | 3,518,420 | 3,063,439 |
| Net change in cash | 169 | -12,957 | 12,427 |
| Cash at the beginning of the period | 1,186 | 1,716 | - |
| Cash at the end of the period | 10,609 | 1,186 | - |