CHICAGO RIVET & MACHINE CO
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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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 Mar 28, 2025
CVR$9.30-3.2%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Year Ended December 31, 2024 | Year Ended December 31, 2023 | |
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net Loss | $(5,615,614) | $(4,401,584) |
| Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | ||
| Depreciation and Amortization | 1,173,476 | 1,275,078 |
| Gain on the Sale of Property and Equipment | (75,966) | (50,422) |
| Deferred Income Taxes | 562,815 | (1,273,027) |
| Changes in Operating Assets and Liabilities: | ||
| Accounts Receivable, net | 1,180,971 | 699,255 |
| Contract Assets | 69,489 | (118,301) |
| Inventories, net | 831,483 | 1,793,577 |
| Other Current Assets and Prepaid Income Taxes | 484,061 | (28,983) |
| Accounts Payable | 444,173 | 91,739 |
| Accrued Wages and Salaries | (78,483) | 52,568 |
| Other Accrued Expenses | 154,534 | (197,998) |
| Other Long Term Liabilities | 880,000 | — |
| Unearned Revenue and Customer Deposits | (164,390) | 226,462 |
| Net Cash Used in Operating Activities | (153,451) | (1,931,636) |
| Cash Flows from Investing Activities: | ||
| Capital Expenditures | (651,398) | (1,078,367) |
| Proceeds from the Sale of Property and Equipment | 135,430 | 50,422 |
| Proceeds from Short-Term Investments | 3,497,406 | 2,691,000 |
| Purchases of Short-Term Investments | (1,973,560) | (1,771,120) |
| Net Cash Provided by (Used In) Investing Activities | 1,007,878 | (108,065) |
| Cash Flows from Financing Activities: | ||
| Cash Dividends Paid | (318,823) | (618,325) |
| Net Cash Used in Financing Activities | (318,823) | (618,325) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 535,604 | (2,658,026) |
| Cash and Cash Equivalents: | ||
| Beginning of Year | 1,387,075 | 4,045,101 |
| End of Year | $1,922,679 | $1,387,075 |
| Cash Paid for Income Taxes | $— | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.