Lifevantage Corp
For the period ended Jun 30, 2024. Filed Aug 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Aug 28, 2024
LFVN$4.56-13.8%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
| For the years ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands) | ||
| Cash Flows from Operating Activities: | ||
| Net income | $2,937 | $2,540 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 3,581 | 3,579 |
| Stock-based compensation | 3,280 | 3,188 |
| Non-cash operating lease expense | 1,287 | 1,748 |
| Loss on disposal of fixed assets | 2 | 33 |
| Amortization of deferred financing fees | 7 | — |
| Deferred income tax | (1,277) | (1,702) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (1,424) | 1,558 |
| Income tax receivable | (71) | 1,510 |
| Inventory | 662 | 61 |
| Prepaid expenses and other | 2,280 | 1,276 |
| Other long-term assets | (55) | (157) |
| Accounts payable | 2,301 | (3,982) |
| Income tax payable | 202 | (453) |
| Other accrued expenses | (176) | (770) |
| Lease liabilities | (1,586) | (1,858) |
| Other liabilities | 247 | 257 |
| Net Cash Provided by Operating Activities | 12,197 | 6,828 |
| Cash Flows from Investing Activities: | ||
| Purchase of equipment | (2,245) | (3,067) |
| Proceeds from sale of fixed assets | — | 8 |
| Net Cash Used in Investing Activities | (2,245) | (3,059) |
| Cash Flows from Financing Activities: | ||
| Payment of deferred financing fees | (97) | — |
| Repurchase of company stock | (6,430) | (822) |
| Payment of cash dividends | (6,940) | (1,586) |
| Shares purchased as payment of tax withholding and other | (1,221) | (201) |
| Proceeds from common stock issued under employee stock purchase plan | 271 | 252 |
| Net Cash Used in Financing Activities | (14,417) | (2,357) |
| Foreign Currency Effect on Cash | (254) | 3 |
| Increase (Decrease) in Cash and Cash Equivalents | (4,719) | 1,415 |
| Cash and Cash Equivalents — beginning of period | 21,605 | 20,190 |
| Cash and Cash Equivalents — end of period | $16,886 | $21,605 |
| For the years ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands) | ||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||
| Cash paid for interest | $21 | $5 |
| Cash paid for income taxes | $2,306 | $1,873 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.