Rocky Mountain Chocolate Factory Inc
For the period ended Nov 30, 2024. Filed Jan 15, 2025.
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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.
Nov 30, 2024 · Filed Jan 15, 2025
RMCF$0.81-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statement of Cash Flows
Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months EndedNovember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows from Operating Activities | ||
| Net Loss | $(3,227) | $(2,579) |
| Less: Earnings from discontinued operations, net of tax | - | 704 |
| Loss from continuing operations | (3,227) | (3,283) |
| Adjustments to reconcile loss from continuing operations to net cashused in operating activities: | ||
| Depreciation and amortization | 741 | 640 |
| Provision (write off) for obsolete inventory | (147) | 63 |
| Provision for loss on accounts and notes receivable | 51 | - |
| Gain on sale of property and equipment | (254) | (38) |
| Expense recorded for stock compensation | 237 | 491 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (1,597) | (1,339) |
| Refundable income taxes | (17) | 299 |
| Inventories | (450) | 230 |
| Other current assets | 187 | (286) |
| Accounts payable | (2,091) | 558 |
| Accrued liabilities | (1,134) | 221 |
| Contract liabilities | (88) | (81) |
| Net cash used in operating activities of continuing operations | (7,789) | (2,525) |
| Net cash used in operating activities of discontinued operations | - | (39) |
| Net cash used in operating activities | (7,789) | (2,564) |
| Cash Flows from Investing Activities | ||
| Addition to notes receivable | - | (49) |
| Proceeds received on notes receivable | 176 | 57 |
| Proceeds from the sale of assets | 1,909 | 111 |
| Purchases of property and equipment | (2,148) | (2,617) |
| Decrease (increase) in other assets | (79) | 9 |
| Net cash used in investing activities of continuing operations | (142) | (2,489) |
| Net cash provided by investing activities of discontinued operations | - | 1,418 |
| Net cash used in investing activities | (142) | (1,071) |
| Cash Flows from Financing Activities | ||
| Proceeds from line of credit | 2,200 | 1,000 |
| Payment on line of credit | (3,450) | - |
| Proceeds from notes payable | 6,000 | - |
| Issuance of common stock through securities purchase agreement | 2,188 | - |
| Net cash provided by financing activities of discontinued operations | - | - |
| Net cash provided by financing activities | 6,938 | 1,000 |
| Net Decrease in Cash and Cash Equivalents | (993) | (2,635) |
| Cash and Cash Equivalents, Beginning of Period | 2,082 | 4,717 |
| Cash and Cash Equivalents, End of Period | $1,089 | $2,082 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.