PRO DEX INC
For the period ended Sep 30, 2025. Filed Oct 30, 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.
Sep 30, 2025 · Filed Oct 30, 2025
PDEX$69.86-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $4,680 | $2,466 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 311 | 302 |
| Share-based compensation | 161 | 113 |
| Unrealized gain on marketable equity investments | (3,299) | (433) |
| Non-cash lease (recovery) | (9) | (5) |
| Amortization of loan fees | 3 | 10 |
| Credit loss expense | 2 | 3 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable and other receivables | (1,803) | 428 |
| Deferred costs | (8) | 51 |
| Inventory | 649 | (1,335) |
| Prepaid expenses and other assets | 175 | (69) |
| Accounts payable and accrued expenses | (12) | 579 |
| Deferred revenue | (80) | (14) |
| Income taxes | 1,540 | (209) |
| Net cash provided by operating activities | 2,310 | 1,887 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of equipment and improvements | (98) | (431) |
| Net cash used in investing activities | (98) | (431) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Principal payments on notes payable | (11,595) | (3,427) |
| Proceeds from UMB Bank loans, net of origination fees | 9,438 | 4,990 |
| Proceeds from stock option exercises and ESPP contributions | 40 | 15 |
| Payments of employee taxes on net issuance of common stock | — | (273) |
| Repurchases of common stock | — | (2,311) |
| Net cash used in financing activities | (2,117) | (1,006) |
| Net increase in cash and cash equivalents | 95 | 450 |
| Cash and cash equivalents, beginning of period | 419 | 2,631 |
| Cash and cash equivalents, end of period | $514 | $3,081 |
PRO-DEX, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED
| Three Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental disclosures of cash flow information: | ||
| Cash paid during the period for interest | $200 | $162 |
| Cash paid during the period for income taxes: | ||
| Federal income tax payments | $— | $690 |
| California income tax payments | 2 | 372 |
| Total income tax payments | $2 | $1,062 |
PRO-DEX INC. AND SUBSIDIARY
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.