TIKK · As filed with the SEC
Tel Instrument Electronics cash flow statement, by fiscal year
The statement as Tel Instrument Electronics 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 Mar 31, 2025 | FY2024 Year ended Mar 31, 2024 | FY2023 Year ended Mar 31, 2023 | FY2022 Year ended Mar 31, 2022 | FY2021 Year ended Mar 31, 2021 | FY2020 Year ended Mar 31, 2020 | FY2019 Year ended Mar 31, 2019 | FY2018 Year ended Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Net (loss) income | (4,901,093) | 341,891 | (388,545) | 1,309,738 | 600,057 | 4,736,490 | 203,038 | (4,322,311) |
| Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||||
| Deferred income taxes | — | — | — | — | — | — | 0 | — |
| Deferred income taxes | 2,450,657 | 177,278 | (128,348) | 175,453 | (27,027) | (2,649,280) | — | (63,500) |
| Depreciation and amortization | 31,087 | 45,823 | 56,304 | 95,904 | 125,120 | 104,652 | 60,954 | 70,060 |
| Amortization of right-of-use assets | — | — | — | — | 214,793 | 201,811 | 0 | 3,363 |
| Loss on sale of equipment | — | — | 0 | 5,596 | — | — | — | — |
| Non-cash lease expense | 210,111 | 202,088 | 194,370 | 201,884 | — | — | — | — |
| Forgiveness of PPP Loan | — | — | 0 | (722,577) | (722,577) | — | — | — |
| Change in fair value of common stock warrant | — | — | — | — | 0 | 73,000 | 43,500 | (95,000) |
| Recovery of inventory obsolescence | (6,338) | (75,271) | (52,955) | (61,932) | 25,000 | 52,000 | 78,000 | 90,000 |
| Non-cash stock-based compensation | 35,227 | 9,099 | 23,182 | 19,733 | 21,996 | 21,669 | 24,016 | 30,273 |
| Changes in assets and liabilities: | ||||||||
| Decrease (increase) in accounts receivable | 465,202 | (209,667) | 148,159 | 884,281 | (521,677) | 784,455 | (1,101,050) | 461,333 |
| Decrease (increase) in inventories | 1,390,746 | (1,750,308) | (712,613) | 679,424 | (370,310) | (210,397) | 1,264,531 | (151,755) |
| Decrease in prepaid expenses and other assets | 55,472 | 603,464 | (573,585) | 19,027 | 189,889 | (107,198) | (127,484) | 35,869 |
| (Decrease) increase in accounts payable | (486,382) | 954,353 | (83,907) | (499,660) | 166,338 | (318,494) | (1,249,509) | 879,493 |
| Decrease in accrued legal damages | 0 | (6,360,698) | 263,425 | 208,250 | 231,474 | 345,464 | 252,095 | 2,259,990 |
| Increase in restricted cash for appeal bond | — | — | — | — | — | — | (4,005) | (2,000,866) |
| Change in other long term liabilities | — | — | 53,416 | — | — | — | — | — |
| Decrease in other long term liabilities | (7,912) | (7,915) | — | — | — | — | — | — |
| Increase (decrease) in deferred revenues | 374,052 | (104,476) | (111,906) | (74,231) | 10,839 | 110,509 | (35,936) | (78,966) |
| (Decrease) in federal and state taxes payable | — | — | — | — | — | — | 0 | (4,105) |
| Increase in accrued payroll, vacation pay & withholdings | 39,591 | 8,679 | (170,504) | (46,694) | (55,500) | 118,436 | (53,567) | (79,550) |
| (Decrease) in operating lease liabilities | — | — | (194,370) | (201,884) | (214,793) | (201,811) | — | 0 |
| (Decrease) in accrued expenses - other | — | — | (16,249) | (191,829) | 70,762 | (140,276) | 162,919 | (372,065) |
| Decrease in operating lease liabilities | (210,111) | (202,088) | — | — | — | — | — | — |
| Increase (decrease) in accrued expenses - other | 118,765 | (37,869) | — | — | — | — | — | — |
| Net cash used in operating activities | (440,926) | (6,405,617) | (1,694,126) | 1,800,483 | (255,616) | 2,921,030 | (482,498) | (3,337,737) |
| Cash flows from investing activities: | ||||||||
| Acquisition of equipment | 0 | (33,851) | (26,133) | (16,068) | (67,902) | (133,682) | (121,790) | (89,396) |
| Net cash used in investing activities | 0 | (33,851) | (26,133) | (16,068) | (67,902) | (133,682) | (121,790) | (89,396) |
| Cash flows from financing activities: | ||||||||
| Payment of warrant liability | — | — | — | — | 0 | (116,500) | — | — |
| Proceeds from short-swing profits from an investor, net of expenses | — | — | — | — | — | 0 | 123,075 | — |
| Proceeds from issuance of convertible preferred stock | — | — | — | — | — | 0 | 1,000,000 | — |
| Expenses associated with convertible preferred stock | — | — | — | — | — | 0 | (31,744) | (54,669) |
| Payment of warrant liability | — | — | — | — | — | — | — | 0 |
| Repayment of subordinated notes - related parties | — | — | — | — | — | — | — | 0 |
| Repayment of long-term debt | — | — | — | — | — | 0 | (2,124) | (291,991) |
| Proceeds from issuance of Preferred Stock | 0 | 721,000 | — | — | — | — | — | — |
| Payment of dividends | — | 0 | (80,000) | (320,000) | (80,000) | — | — | — |
| Proceeds from PPP loans | — | — | — | 0 | 1,445,154 | — | — | — |
| Repayment of line of credit | — | — | — | 0 | (680,000) | (120,000) | (200,000) | — |
| Repayment of capitalized lease obligations | — | — | — | — | (50) | (6,836) | (6,875) | (6,268) |
| Repayment of capitalized lease obligations | — | — | — | 0 | — | — | — | — |
| Proceeds from promissory note – Related Party | 120,500 | — | — | — | — | — | — | — |
| Draw from line of credit | 310,000 | 0 | 690,000 | — | — | — | 0 | 800,000 |
| Proceeds from issuance of convertible preferred stock | — | — | — | — | — | — | — | 3,000,000 |
| Net cash provided by financing activities | 430,500 | 721,000 | 610,000 | (320,000) | 685,104 | (243,336) | 882,332 | 3,447,072 |
| Net increase in cash | — | — | — | — | — | — | 278,044 | 19,939 |
| Net decrease in cash | (10,426) | (5,718,468) | (1,110,259) | 1,464,415 | 361,586 | 2,544,012 | — | — |
| Cash at beginning of year | 132,013 | 5,850,481 | 6,960,740 | 5,496,325 | 5,134,739 | 2,590,727 | — | — |
| Cash at end of year | 121,587 | 132,013 | 5,850,481 | 6,960,740 | 5,496,325 | 5,134,739 | — | — |
| End of year | ||||||||
| Cash | 121,587 | 132,013 | 3,839,398 | 4,949,690 | 3,485,275 | 3,126,195 | 585,856 | 307,812 |
| Restricted cash | — | 0 | 2,011,083 | 2,011,050 | 2,011,050 | 2,008,544 | — | — |
| Beginning of year | ||||||||
| Cash | 132,013 | 3,839,398 | 4,949,690 | 3,485,275 | 3,126,195 | 585,856 | 307,812 | 287,873 |
| Restricted cash | 0 | 2,011,083 | 2,011,050 | 2,011,050 | 2,008,544 | 2,004,871 | — | — |
| Supplemental cash flow information: | ||||||||
| Taxes paid | 0 | — | 0 | — | 0 | 0 | 0 | 0 |
| Interest paid | — | — | — | — | — | — | — | 68,724 |
| Capital lease obligations | — | — | — | — | — | — | — | 0 |
| Interest paid | 88,907 | 1,728,593 | 157 | 0 | 19,497 | 47,494 | 82,483 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.