DYNT · As filed with the SEC
Dynatronics cash flow statement, by fiscal year
The statement as Dynatronics 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 Statements of Cash Flows · USD
| USD | FY2025 Year ended Jun 30, 2025 | FY2024 Year ended Jun 30, 2024 | FY2023 Year ended Jun 30, 2023 | FY2022 Year ended Jun 30, 2022 | Year ended Jun 30, 2021 Year ended Jun 30, 2021 | FY2020 Year ended Jun 30, 2020 | FY2019 Year ended Jun 30, 2019 | FY2018 Year ended Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net loss | (10,901,609) | (2,697,719) | (4,973,368) | (3,993,115) | 2,001,249 | (3,425,483) | (921,722) | (1,602,256) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||
| Depreciation and amortization of property and equipment | 487,008 | 685,406 | 726,386 | 733,646 | 852,671 | 1,013,513 | 887,013 | 419,148 |
| Amortization of intangible assets | 618,300 | 618,300 | 622,450 | 688,150 | 754,116 | 724,383 | 724,384 | 638,360 |
| Amortization of other assets | — | — | — | — | — | — | — | 74,568 |
| Amortization of capital lease assets | — | — | — | — | — | — | — | 254,418 |
| Amortization of other assets | — | — | — | — | — | 30,518 | 40,635 | — |
| Amortization of other assets | — | — | 0 | 13,184 | 23,938 | — | — | — |
| Intangible assets impairment | 950,293 | — | — | — | — | — | — | — |
| Goodwill impairment | 7,116,614 | — | — | — | — | — | — | — |
| Loss on sale of property and equipment | 5,466 | 41,389 | 0 | 24,163 | (717,329) | 37,530 | 2,177 | 20,438 |
| Stock-based compensation | 3,369 | 1,637 | 131,336 | 178,148 | 154,200 | 278,716 | 300,649 | 254,758 |
| Change in allowance for credit losses | 11,350 | (82,406) | (116,821) | (150,663) | 214,174 | 95,213 | (280,800) | (20,033) |
| Change in allowance for inventory obsolescence | (36,557) | 93,753 | 116,725 | (247,771) | 58,894 | 429,529 | (319,836) | 55,652 |
| Amortization deferred gain on sale/leaseback | — | — | — | — | — | — | — | (150,448) |
| Amortization deferred gain on sale/leaseback | — | — | — | — | — | (150,447) | (150,448) | — |
| Change in fair value of earn-out liability | — | — | — | — | — | 0 | (375,000) | — |
| Amortization deferred gain on sale/leaseback | — | — | — | (150,448) | (150,448) | — | — | — |
| Gain on extinguishment of debt | — | — | — | 0 | (3,517,982) | — | — | — |
| Amortization of deferred gain on sale/leaseback | — | — | (150,448) | — | — | — | — | — |
| Amortization of deferred gain on sale/leaseback | (150,448) | (150,448) | — | — | — | — | — | — |
| Change in operating assets and liabilities: | ||||||||
| Trade accounts receivable | 632,337 | 359,496 | 1,811,188 | 377,635 | (963,329) | 2,506,235 | 646,380 | (292,090) |
| Inventories | 556,183 | 1,715,467 | 4,551,373 | (5,325,594) | 492,197 | 2,726,150 | (458,936) | 491,356 |
| Prepaid expenses and other receivables | 282,563 | (243,612) | 296,179 | 1,445,798 | (746,216) | 142,133 | 146,593 | (181,865) |
| Other assets | 121,213 | 363,544 | (455,308) | 16,992 | 5,255 | 53,214 | (24,603) | (44,567) |
| Income tax receivable | — | — | — | — | — | 12,445 | 112,252 | (106,391) |
| Accounts payable, accrued expenses, and other current liabilities | 604,501 | (2,315,207) | (2,188,578) | 1,505,450 | 1,921,573 | (1,383,936) | (3,062) | 950,754 |
| Net cash provided by (used in) operating activities | 300,583 | (1,610,400) | 371,114 | (4,884,425) | 382,963 | 3,089,713 | 325,676 | 761,802 |
| Cash flows from investing activities: | ||||||||
| Purchase of property and equipment | (30,448) | (243,287) | (186,854) | (317,811) | (146,871) | (292,359) | (224,111) | (242,911) |
| Net cash paid in acquisition - see Note 2 | — | — | — | — | — | — | — | (9,063,017) |
| Net cash paid in acquisition | — | — | — | — | — | — | 0 | — |
| Proceeds from Sale of PP&E | — | — | — | 0 | 1,678,072 | — | 0 | 12,160 |
| Net cash used in investing activities | (30,448) | (243,287) | (186,854) | (317,811) | 1,531,201 | (292,359) | (224,111) | (9,293,768) |
| Cash flows from financing activities: | ||||||||
| Proceeds from Debt Issuance | — | — | — | — | — | 3,477,412 | — | — |
| Principal payments on long-term debt | — | — | (5,362) | (13,448) | (108,713) | (175,826) | (164,002) | (146,263) |
| Principal payments on finance lease liability | — | — | — | (336,643) | (317,369) | (297,903) | (252,738) | (194,955) |
| Payment of acquisition holdbacks | — | — | — | — | — | — | — | (294,744) |
| Payment of acquisition holdbacks | — | — | — | — | — | — | (1,379,513) | — |
| Payment of acquisition earn-out liability and holdbacks | — | — | — | — | — | (500,000) | — | — |
| Principal payments on long-term debt | — | 0 | — | — | — | — | — | — |
| Principal payments on finance lease liability | (302,998) | (286,522) | (327,345) | — | — | — | — | — |
| Net change in line of credit | (124,711) | 2,121,667 | — | 0 | (1,012,934) | (5,527,705) | 254,602 | 4,114,102 |
| Proceeds from Stock Issuance | — | — | — | — | — | — | 0 | 6,600,121 |
| Preferred Dividends | — | — | — | — | — | — | 0 | (104,884) |
| Common stock Sold under Form S-3 | — | — | — | 0 | 3,462,195 | 2,286,939 | — | — |
| Net cash (used in) provided by financing activities | (427,709) | 1,835,145 | (332,707) | (350,091) | 2,023,179 | (737,083) | (1,541,651) | 9,973,377 |
| Net change in cash and cash equivalents and restricted cash | — | — | — | — | — | 2,060,271 | (1,440,086) | 1,441,411 |
| Cash and cash equivalents at beginning of the period | — | — | — | — | — | — | 1,696,116 | 254,705 |
| Cash and cash equivalents at end of the period | — | — | — | — | — | — | — | 1,696,116 |
| Net change in cash, cash equivalents and restricted cash | (157,574) | (18,542) | (148,447) | (5,552,327) | 3,937,343 | — | — | — |
| Cash, cash equivalents and restricted cash at beginning of the period | 534,328 | 552,870 | 701,317 | 6,253,644 | 2,316,301 | 256,030 | 1,696,116 | — |
| Cash, cash equivalents and restricted cash at end of the period | 376,754 | 534,328 | 552,870 | 701,317 | 6,253,644 | 2,316,301 | 256,030 | — |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Expense | — | — | — | — | — | — | — | 412,455 |
| Cash paid for interest | 253,014 | 276,742 | 244,421 | 148,004 | 184,690 | 454,179 | 515,634 | — |
| Deemed dividend on convertible preferred stock and accretion of discount | — | — | — | — | — | — | — | 1,023,786 |
| Preferred stock dividends paid or to be paid in common stock | — | — | — | — | — | — | — | 768,074 |
| Preferred stock issued to acquire "Bird & Cronin" | — | — | — | — | — | — | — | 3,904,653 |
| Acquisition holdback | — | — | — | — | — | — | — | 1,504,512 |
| Deemed dividend on convertible preferred stock and accretion of discount | — | — | — | — | — | 173,758 | 0 | — |
| Preferred stock dividends paid or to be paid in common stock | — | — | — | — | — | 717,632 | 794,350 | — |
| Inventory reclassified to demonstration equipment | — | — | — | — | — | 0 | 239,106 | — |
| Preferred stock issued to acquire "Bird & Cronin" | — | — | — | — | — | — | 0 | — |
| Acquisition holdback | — | — | — | — | — | — | 0 | — |
| Deemed dividend on convertible preferred stock and accretion of discount | — | — | — | 0 | 51,352 | — | — | — |
| Preferred stock dividend, in common stock, issued or to be issued | 702,223 | 730,873 | 690,976 | 733,384 | 740,657 | — | — | — |
| Inventory reclassified to loaner equipment | — | — | 0 | 28,168 | 50,465 | — | — | — |
| Preferred Dividends | — | — | — | 0 | 790,010 | 2,871,018 | 0 | 7,459,600 |
| Capital lease and note payable obligations incurred to acquire property and equipment | — | — | — | — | — | — | — | 112,675 |
| Preferred stock issuance costs paid in common stock | — | — | — | — | — | — | — | 0 |
| Capital lease obligations incurred to acquire property and equipment | — | — | — | — | — | — | 252,493 | — |
| Operating lease right-of-use assets obtained in exchange for lease obligations | 1,467,892 | 252,639 | 2,973,474 | — | — | 4,203,925 | — | — |
| Finance lease right-of-use assets obtained in exchange for lease obligations | — | 0 | 86,119 | — | — | 12,509 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.