FutureFuel Corp.
For the period ended Dec 31, 2024. Filed Mar 31, 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 31, 2025
FF$3.12-38.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| 2024 · 2023 · 2022 | |||||
|---|---|---|---|---|---|
| Cash flows from operating activities | |||||
| Net income | $15,503 | $37,382 | $15,211 | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||
| Depreciation | 9,208 | 10,348 | 10,454 | ||
| Amortization of deferred financing costs | 103 | 101 | 95 | ||
| Provision (benefit) for deferred income taxes | 773 | - | (1,822) | ||
| Change in fair value of equity securities | - | (3,117) | 8,297 | ||
| Change in fair value of derivative instruments | 1,971 | (1,878) | (343) | ||
| Loss on the sale of investments | - | 2,543 | 248 | ||
| Stock based compensation | 359 | - | 46 | ||
| Loss on disposal of property, plant, and equipment | 30 | 29 | 64 | ||
| Noncash interest expense | 35 | 34 | 33 | ||
| Changes in operating assets and liabilities: | |||||
| Accounts receivable | 6,510 | (2,208) | 3,118 | ||
| Accounts receivable – related parties | 1 | 5 | 52 | ||
| Inventory | 4,740 | (4,445) | 1,105 | ||
| Income tax receivable | 1,887 | 19 | 7,801 | ||
| Prepaid expenses | 368 | (652) | (106) | ||
| Prepaid expenses – related party | 12 | - | (8) | ||
| Other assets | (146) | (935) | (144) | ||
| Accounts payable | (12,098) | (6,493) | 13,790 | ||
| Accounts payable – related parties | 97 | (7,757) | (112) | ||
| Dividends payable | 186 | - | - | ||
| Accrued expenses and other current liabilities | 6,324 | (719) | (948) | ||
| Accrued expenses and other current liabilities – related parties | - | (1) | - | ||
| Deferred revenue | (9,205) | (2,418) | (4,055) | ||
| Other noncurrent liabilities | (1,856) | 1,461 | (325) | ||
| Net cash provided by operating activities | 24,802 | 21,299 | 52,451 | ||
| Cash flows from investing activities | |||||
| Collateralization of derivative instruments | (132) | 1,343 | (404) | ||
| Proceeds from the sale of marketable securities | - | 37,701 | 1,292 | ||
| Proceeds from the sale of property, plant, and equipment | 6 | - | 61 | ||
| Capital expenditures | (14,668) | (6,022) | (4,778) | ||
| Net cash (used in) provided by investing activities | (14,794) | 33,022 | (3,829) | ||
| Cash flows from financing activities | |||||
| Deferred financing costs | - | (14) | - | ||
| Payment of dividends | (119,911) | (10,503) | (10,503) | ||
| Net cash used in financing activities | (119,911) | (10,517) | (10,503) | ||
| Net change in cash and cash equivalents | (109,903) | 43,804 | 38,119 | ||
| Cash and cash equivalents at beginning of period | 219,444 | 175,640 | 137,521 | ||
| Cash and cash equivalents at end of period | $109,541 | $219,444 | $175,640 | ||
| Cash paid for interest | $ | - | $ | - | $3 |
| Cash paid for income taxes | $457 | $20 | $69 | ||
| Noncash investing and financing activities: | |||||
| Noncash capital expenditures included in accounts payable | $403 | $333 | $208 | ||
| Noncash operating leases | $ | - | $ | - | $707 |
| Dividends payable | $10,699 | $10,503 | $10,503 | ||
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