Electromed Inc
For the period ended Aug 27, 2024. Filed Aug 27, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 27, 2024 · Filed Aug 27, 2024
Use the contents to explore the available documents and sections.
ELMD$27.17+1.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Statements of Cash Flows
Statements of Cash Flows
| For the Years Ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows from Operating Activities | ||
| Net income | $5,150,000 | $3,166,000 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 789,000 | 550,000 |
| Amortization of finite-life intangible assets | 52,000 | 63,000 |
| Share-based compensation expense | 1,692,000 | 708,000 |
| Deferred income taxes | (571,000) | (43,000) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 797,000 | (3,078,000) |
| Contract assets | (232,000) | (201,000) |
| Inventories | 459,000 | (1,033,000) |
| Prepaid expenses and other assets | 1,321,000 | 202,000 |
| Income tax payable | (59,000) | 285,000 |
| Accounts payable and accrued liabilities | (1,206,000) | 420,000 |
| Accrued compensation | 875,000 | 276,000 |
| Net cash provided by operating activities | 9,067,000 | 1,315,000 |
| Cash Flows from Investing Activities | ||
| Expenditures for property and equipment | (287,000) | (1,648,000) |
| Expenditures for finite-life intangible assets | (108,000) | (68,000) |
| Net cash used in investing activities | (395,000) | (1,716,000) |
| Cash Flows from Financing Activities | ||
| Issuance of common stock upon exercise of options | 311,000 | 83,000 |
| Taxes paid on stock options exercised on a net basis | - | (310,000) |
| Repurchase of common stock | (275,000) | (153,000) |
| Net cash provided by (used in) financing activities | 36,000 | (380,000) |
| Net increase (decrease) in cash | 8,708,000 | (781,000) |
| Cash and Cash Equivalents | ||
| Beginning of period | 7,372,000 | 8,153,000 |
| End of period | $16,080,000 | $7,372,000 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.