PRO DEX INC
For the period ended Dec 31, 2025. Filed Jan 29, 2026.
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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.
Dec 31, 2025 · Filed Jan 29, 2026
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 Shareholders’ Equity
| Six Months Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $6,867 | $4,506 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 625 | 615 |
| Share-based compensation | 325 | 243 |
| Gain on marketable equity investments | (3,049) | (510) |
| Non-cash lease recovery | (23) | (14) |
| Deferred income taxes | 138 | — |
| Amortization of loan fees, net | 5 | 13 |
| Credit loss expense | 19 | 27 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (1,469) | (4,606) |
| Deferred costs | (150) | 109 |
| Inventory | 503 | (4,342) |
| Prepaid expenses and other assets | 73 | (991) |
| Accounts payable and accrued expenses | 254 | 3,030 |
| Deferred revenue | (39) | (14) |
| Income taxes | 1,803 | (329) |
| Net cash provided by (used in) operating activities | 5,882 | (2,263) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Proceeds from sale of investments | 8,938 | — |
| Purchases of equipment and improvements | (168) | (973) |
| Net cash provided by (used in) investing activities | 8,770 | (973) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Repurchases of common stock | (2,207) | (3,504) |
| Proceeds from ESPP contributions | 41 | 15 |
| Payment of employee payroll taxes on net issuance of common stock | (27) | (305) |
| Proceeds from notes payable and revolving loan | 14,901 | 8,490 |
| Principal payments on notes payable and revolving loan | (19,826) | (4,025) |
| Net cash provided by (used in) financing activities | (7,118) | 671 |
| Net increase (decrease) in cash and cash equivalents | 7,534 | (2,565) |
| Cash and cash equivalents, beginning of period | 419 | 2,631 |
| Cash and cash equivalents, end of period | $7,953 | $66 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED
| Six Months Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental disclosures of cash flow information: | ||
| Cash paid during the period for interest | $363 | $338 |
| Cash paid during the period for income taxes by jurisdiction: | ||
| Federal income tax payments | $150 | $1,570 |
| California income tax payments | — | 1,100 |
| Indiana income tax payments | 20 | — |
| Florida income tax payments | 170 | — |
| Total income tax payments | $340 | $2,670 |
| Non-cash investing and financing activity: | ||
| Cashless stock option exercise | $— | $117 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.