CRYO CELL INTERNATIONAL INC
For the period ended Feb 29, 2024. Filed Apr 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 29, 2024 · Filed Apr 15, 2024
CCEL$4.87-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| For the Three Months Ended | ||
|---|---|---|
| February 29, | February 28, | |
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net income | $556,241 | $766,812 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 86,047 | 369,950 |
| Change in fair value of contingent consideration | (5,176) | (164,701) |
| Unrealized (gains) losses on marketable securities | (274,971) | 3,681 |
| Unrealized loss on interest rate swap contract | 45,288 | — |
| Compensatory element of stock options | 307,355 | 313,174 |
| Provision for doubtful accounts | 288,760 | 186,904 |
| Amortization of debt issuance costs | 5,348 | 5,444 |
| Amortization of operating lease right-of-use asset | 75,135 | 79,324 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (439,413) | (665,419) |
| Prepaid expenses | 80,112 | (13,587) |
| Inventory | 49,856 | 230,459 |
| Other current assets | 11,640 | 5,796 |
| Deposits and other assets, net | (10,616) | (18,339) |
| Accounts payable | (931,007) | 221,749 |
| Accrued expenses | (1,253,911) | (510,907) |
| Operating lease liability | (54,682) | (80,048) |
| Deferred revenue | 1,107,129 | 913,634 |
| Net cash (used in) from operating activities | (356,865) | 1,643,926 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (457,722) | (375,600) |
| Purchases of marketable securities | (743,811) | (1,017,738) |
| Sale of marketable securities | 860,484 | 191,400 |
| Net cash used in investing activities | (341,049) | (1,201,938) |
| Cash flows from financing activities: | ||
| Treasury stock purchases | (170,376) | (243,201) |
| Repayments of note payable | (40,665) | (29,646) |
| Repayment of line of credit | (200,000) | (500,000) |
| Proceeds from line of credit | 950,000 | — |
| Net cash provided by (used in) financing activities | 538,959 | (772,847) |
| Decrease in cash and cash equivalents | (158,955) | (330,859) |
| Cash and cash equivalents - beginning of period | 406,067 | 1,703,958 |
| Cash and cash equivalents - end of period | $247,112 | $1,373,099 |
| Supplemental investing activities: | ||
| Construction costs payable | $219,748 | $536,707 |
| Duke license agreement payable | $533,333 | $— |
| Supplemental cash flow information: | ||
| Cash paid during the year for: | ||
| Interest | $443,829 | $441,336 |
| Income taxes | $57,630 | $33,072 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.