CRAWA · As filed with the SEC

Crawford United cash flow statement, by quarter

The statement as Crawford United presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statement of Cash Flow (Unaudited) · USD

USD	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024	Q2 2024^† 3 months ended Jun 30, 2024	Q1 2024 3 months ended Mar 31, 2024	Q4 2023^† 3 months ended Dec 31, 2023
Cash Flows from Operating Activities
Net Income	5,404,031^†	5,129,850^†	3,131,034	3,948,415^†	3,369,211^†	3,283,456^†	2,996,885	3,237,243^†
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,165,936^†	1,174,715^†	1,178,437	1,097,111^†	1,037,065^†	984,133^†	1,038,052	765,182^†
Loss on investments in equity securities	0^†	0^†	0	0^†	(12,059)^†	261,389^†	118,077	(24,370)^†
Reduction in carrying amount of right of use asset	635,396^†	609,802^†	600,816	350,887^†	299,893^†	327,683^†	453,669	453,484^†
Loss (Gain) on disposal of assets	—	—	—	2,296^†	0^†	—	—	(63,225)^†
Share-based compensation expense	196,074^†	248,075^†	(16,049)	232,225^†	232,225^†	232,225^†	612,354	224,318^†
Deferred income taxes	—	—	—	80,810^†	—	—	—	—
Changes in assets and liabilities:
Accounts receivable	(3,967,138)^†	(2,106,298)^†	(3,332,484)	3,812,655^†	2,927,871^†	(1,614,121)^†	(5,175,695)	4,791,207^†
Inventories	(1,084,547)^†	(1,826,363)^†	(1,052,482)	(185,788)^†	1,394,246^†	(226,069)^†	(670,089)	2,977,151^†
Contract assets	580,383^†	2,117,315^†	(1,723,626)	(1,878,196)^†	(639,860)^†	2,084,845^†	(215,140)	(1,602,575)^†
Prepaid expenses & other assets	—	—	—	—	351,372^†	523,795^†	(679,078)	—
Prepaid expenses & other current assets	195,831^†	528,441^†	(63,266)	(365,078)^†	351,372^†	523,795^†	—	—
Right of use assets	—	—	0	(71,863)^†	(1,198,070)^†	1,401,994^†	(107,907)	0^†
Operating lease assets and liabilities	(633,137)^†	—	—	—	(301,829)^†	—	—	—
Other noncurrent assets	0^†	(12,547)^†	(3,733)	0^†	0^†	0^†	13,000	14,445^†
Accounts payable	1,989,431^†	415,676^†	2,500,118	753,053^†	66,574^†	(2,858,446)^†	3,573,509	(178,200)^†
Lease liabilities	—	—	(588,625)	(275,999)^†	896,241^†	(1,729,184)^†	(344,294)	(476,999)^†
Accrued income taxes	(1,181,967)^†	530,942^†	1,052,754	(1,364,298)^†	691,104^†	(2,744,613)^†	1,149,177	330,722^†
Other current liabilities	564,817^†	589,238^†	(56,169)	(445,078)^†	(13,309)^†	697,388^†	(14,779)	(417,080)^†
Unearned revenue	464,683^†	11,985^†	(1,220,539)	49,807^†	(85,335)^†	558,508^†	75,787	(976,735)^†
Total adjustments	302,021^†	1,679,643^†	(2,724,848)	1,792,544^†	5,947,958^†	(2,100,473)^†	(173,357)	4,583,072^†
Net Cash Provided by Operating Activities	5,706,052^†	6,809,493^†	406,186	5,740,959^†	9,317,169^†	1,182,983^†	2,823,528	7,820,315^†
Cash Flows from Investing Activities
Cash paid for business acquisitions	0^†	0^†	(12,256,270)	(60,985)^†	(4,300,000)^†	0^†	(6,549,750)	0^†
Capital expenditures	—	—	—	—	—	—	—	(638,581)^†
Proceeds from sale of property, plant and equipment	0^†	0^†	4,500	0^†	0^†	0^†	72,000	0^†
Sale of investments	0^†	0^†	0	0^†	98,666^†	63,603^†	135,625	0^†
Capital expenditures	(284,046)^†	(1,509,304)^†	(412,603)	(76,854)^†	(359,580)^†	(1,331,273)^†	(436,820)	(638,581)^†
Net Cash Used in Investing Activities	(284,046)^†	(1,509,304)^†	(12,664,373)	(137,839)^†	(4,560,914)^†	(1,267,670)^†	(6,778,945)	(638,581)^†
Cash Flows from Financing Activities
Payments on related party notes	0^†	(217,515)^†	(214,168)	(210,873)^†	(207,629)^†	(204,435)^†	(201,289)	(198,193)^†
Payments on revolving credit facility	(6,715,132)^†	(6,532,444)^†	(2,798,446)	(8,006,884)^†	(8,697,338)^†	(4,169,000)^†	—	—
Borrowings on revolving credit facility	315,866^†	2,681,053^†	15,698,424	2,197,010^†	4,626,549^†	3,428,534^†	—	—
Payments on real property term loan	(34,927)^†	(34,288)^†	(35,909)	(28,162)^†	(15,255,771)^†	(6,530,286)^†	(2,351,000)	(7,420,959)^†
Borrowings on bank debt	—	—	—	—	4,626,549^†	3,428,534^†	7,859,942	535,124^†
Payments on contingent liability	—	—	—	—	—	—	—	0^†
Payment for debt issue costs	0^†	—	—	(1)^†	(19,887)^†	—	—	0^†
Share repurchase	0^†	0^†	(197,231)	(7,354)^†	(52,978)^†	0^†	(252,269)	1^†
Net Cash Provided by (Used in) Financing Activities	(6,434,193)^†	(4,103,194)^†	12,452,670	(6,056,264)^†	(4,389,716)^†	(1,032,583)^†	5,055,384	(7,084,027)^†
Net increase in cash and cash equivalents	(1,012,187)^†	1,196,995^†	194,483	(453,144)^†	366,539^†	(1,117,270)^†	1,099,967	97,707^†
Cash and cash equivalents at beginning of period	2,934,745	1,737,750	1,543,267	1,996,411	1,629,872	2,747,142	1,647,175	1,549,468
Cash and cash equivalents at end of period	1,922,558	2,934,745	1,737,750	1,543,267	1,996,411	1,629,872	2,747,142	1,647,175
Supplemental disclosures of cash flow information
Interest paid	224,923^†	318,552^†	319,295	194,012^†	279,781^†	282,700^†	230,169	217,487^†
Supplemental disclosures of noncash financing and investing activity
Additions to ROU assets obtained from new operating lease liabilities	40,884^†	376,461^†	0	71,863^†	1,198,033^†	(37)^†	107,907	(491)^†
Purchase accounting adjustment to goodwill for a change in inventory	20,898^†	0^†	63,624	0^†	0^†	0^†	—	0^†
Purchase accounting adjustment to goodwill for a change in fixed assets	0^†	0^†	90,400	0^†	0^†	0^†	—	0^†
Issuance of Class A common shares in business acquisition	—	—	—	—	—	—	—	0^†
Assumption of debt for purchase of real-estate	0^†	—	—	0^†	0^†	—	—	0^†
Issuance of Class A common shares for capital expenditures	0^†	—	—	0^†	0^†	—	—	0^†

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.