BROADWIND, INC.
For the period ended Mar 31, 2025. Filed May 13, 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.
Mar 31, 2025 · Filed May 13, 2025
BWEN$2.96+4.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net (loss) income | $(370) | $1,510 |
| Adjustments to reconcile net cash (used in) provided by operating activities: | ||
| Depreciation and amortization expense | 1,702 | 1,596 |
| Deferred income taxes | (11) | (8) |
| Stock-based compensation | 189 | 225 |
| Allowance for credit losses | (16) | (2) |
| Common stock issued under defined contribution 401(k) plan | 286 | 287 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 2,304 | 4,632 |
| AMP credit receivable | (33) | 5,319 |
| Contract assets | (90) | 800 |
| Inventories | (9,566) | 19 |
| Prepaid expenses and other current assets | (394) | 635 |
| Accounts payable | 6,815 | (4,005) |
| Accrued liabilities | 285 | (71) |
| Customer deposits | (9,161) | (5,097) |
| Other non-current assets and liabilities | 23 | 17 |
| Net cash (used in) provided by operating activities | (8,037) | 5,857 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of property and equipment | (916) | (1,744) |
| Net cash used in investing activities | (916) | (1,744) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from (payments on) line of credit, net | 3,356 | (4,657) |
| Proceeds from long-term debt | — | 1,244 |
| Payments on long-term debt | (361) | (325) |
| Payments on finance leases | (363) | (401) |
| Shares withheld for taxes in connection with issuance of restricted stock | (196) | — |
| Net cash provided by (used in) financing activities | 2,436 | (4,139) |
| NET DECREASE IN CASH | (6,517) | (26) |
| CASH beginning of the period | 7,721 | 1,099 |
| CASH end of the period | $1,204 | $1,073 |
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