CUMBERLAND PHARMACEUTICALS INC
For the period ended Sep 30, 2025. Filed Nov 7, 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 Nov 7, 2025
CPIX$5.30-1.3%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
| Nine months ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(1,436,069) | $(4,542,078) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 3,103,306 | 3,406,166 |
| Reduction in the carrying amount of right-of-use assets | 855,553 | 855,553 |
| Share-based compensation | 236,160 | 227,083 |
| Increase (decrease) in non-cash contingent consideration | 93,229 | (936,072) |
| Increase in cash surrender value of life insurance policies over premiums paid | (131,967) | (180,081) |
| Noncash interest expense | 16,085 | 19,377 |
| Loss on disposal of assets | — | 2,691 |
| Life insurance proceeds | — | (237,089) |
| Net changes in assets and liabilities affecting operating activities: | ||
| Accounts receivable | 1,270,864 | (1,552,449) |
| Inventories, net | 2,448,605 | 1,072,295 |
| Other current assets and other assets | 818,959 | 1,022,718 |
| Operating lease liabilities | (662,117) | (645,009) |
| Accounts payable and other current liabilities | (1,334,701) | (667,065) |
| Other long-term liabilities | (348,409) | (362,844) |
| Net cash provided by (used in) operating activities | 4,929,498 | (2,516,804) |
| Cash flows from investing activities: | ||
| Additions to property and equipment | (97,904) | (64,178) |
| Life insurance policy proceeds received | — | 237,556 |
| Increase in cash surrender value of life insurance policies | (47,000) | — |
| Net investment in manufacturing | (1,447,695) | — |
| Additions to intangible assets | (40,560) | (88,727) |
| Net cash (used in) provided by investing activities | (1,633,159) | 84,651 |
| Cash flows from financing activities: | ||
| Proceeds from ATM offering, net | 5,266,334 | — |
| Borrowings on line of credit | — | 32,988,920 |
| Payments on line of credit | (10,035,437) | (29,681,472) |
| Cash settlement of contingent consideration | (1,031,197) | (1,251,499) |
| Payments made in connection with repurchase of common shares | (263,478) | (480,666) |
| Net cash (used in) provided by financing activities | (6,063,778) | 1,575,283 |
| Net decrease in cash and cash equivalents | (2,767,439) | (856,870) |
| Cash and cash equivalents at beginning of period | $17,964,184 | $18,321,624 |
| Cash and cash equivalents at end of period | $15,196,745 | $17,464,754 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.