For the quarter ending 2025-12-31, TPCS had -$170K decrease in cash & cash equivalents over the period. -$827K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Net loss | -1,473 | 825 | -597 | -2,748 |
| Depreciation and amortization | 694 | 703 | 701 | 2,796 |
| Amortization of debt issue costs | 18 | 9 | 29 | 103 |
| Loss (gain) on disposal of equipment | - | - | - | -1 |
| Stock based compensation expense | 383 | 70 | 69 | 103 |
| Change in contract loss provision | -246 | -114 | 250 | -170 |
| Change in allowance for doubtful accounts | -53 | - | - | -31 |
| Accounts receivable | -499 | 308 | 602 | -210 |
| Contract assets | 1,288 | 1,055 | -510 | 1,060 |
| Work-in-process and raw materials | -799 | 503 | 337 | -368 |
| Other current assets | -37 | 147 | -85 | -74 |
| Accounts payable | -876 | 507 | 178 | 1,029 |
| Accrued expenses | -158 | -722 | 67 | -364 |
| Contract liabilities | 1,704 | -520 | 922 | -1,117 |
| Stock based acquisition termination fee | - | - | - | 419 |
| Other noncurrent liabilities | -349 | -55 | -129 | -552 |
| Net cash used in operating activities | 183 | -1,082 | 646 | -599 |
| Purchases of property, plant, and equipment | 1,010 | 995 | 1,250 | 4,122 |
| Reimbursements for purchases of fixed assets | - | - | - | 3,041 |
| Reimbursements for purchases of property, plant and equipment | 1,226 | 681 | 2,226 | - |
| Proceeds from private placement | - | - | - | 2,299 |
| Net cash provided by (used in) investing activities | 216 | -314 | 976 | -1,081 |
| Debt issue costs | 0 | 13 | 17 | 82 |
| Revolver loan borrowings | 4,791 | 6,185 | 2,755 | - |
| Revolver loan payments | 5,185 | 4,529 | 4,241 | 13,511 |
| Payments of principal for leases | 3 | 3 | 2 | 9 |
| Proceeds from revolver loan | - | - | - | 13,876 |
| Proceeds from equipment financing | - | - | - | 65 |
| Private placement fees | - | - | - | 247 |
| Repayments of long-term debt | 172 | 167 | 169 | 654 |
| Net cash (used in) provided by financing activities | -569 | 1,473 | -1,674 | 1,737 |
| Net (decrease) increase in cash and cash equivalents | -170 | 77 | -52 | 57 |
| Cash and cash equivalents at beginning of period | 220 | 195 | - | - |
| Cash and cash equivalents at end of period | 50 | 220 | - | - |
TECHPRECISION CORP (TPCS)
TECHPRECISION CORP (TPCS)