RETRACTABLE TECHNOLOGIES INC

For the period ended Mar 31, 2025. Filed May 15, 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 15, 2025

RVP$0.55-1.1%Stored close · as of Nov 10, 2026

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Contents

CONDENSED STATEMENTS OF CASH FLOWS


· · Three Months · · Three Months ·
· · Ended · · Ended ·
· March 31, 2025 · March 31, 2024 ·
Cash flows from operating activities
Net income (loss)	$(10,500,716)	$429,384
Adjustments to reconcile net income (loss) to net cash from (used) operating activities:
Depreciation and amortization	1,882,927	1,889,467
Net unrealized (gain) loss on investments	7,156,513	(1,732,649)
Bond amortization	(264)	(251)
Deferred taxes	—	83,891
Net realizable value inventory adjustment	—	1,845
Other income - TIA	(1,482,819)	(1,484,620)
(Increase) decrease in operating assets:
Accounts receivable	2,427,599	3,247,092
Inventories	(1,992,992)	(1,909,296)
Other current assets	33,134	(51,550)
Income taxes receivable	283,947	—
Other assets	11,177	14,904
Increase (decrease) in operating liabilities:
Accounts payable	433,076	(2,184,723)
Accrued liabilities	275,860	(322,754)
Income taxes payable	(2,627)	(3,147)
Net cash used in operating activities	(1,475,185)	(2,022,407)

Cash flows from investing activities
Purchase of property, plant, and equipment	(87,034)	(226,396)
Purchase of debt and equity securities	(150,727)	(276,326)
Proceeds from the sales of debt and equity securities	1,000,000	—
Net cash from (used in) investing activities	762,239	(502,722)

Cash flows from financing activities
Repayments of long-term debt	(81,916)	(73,648)
Payment of preferred stock dividends	(57,611)	(57,611)
Net cash used in financing activities	(139,527)	(131,259)

Net decrease in cash and cash equivalents	(852,473)	(2,656,388)
Cash and cash equivalents at:
Beginning of period	4,235,388	12,667,550
End of period	$3,382,915	$10,011,162

Supplemental schedule of cash flow information:
Interest paid	$81,917	$33,483

Supplemental schedule of noncash investing and financing activities:
Preferred dividends declared, not paid	$57,611	$57,611
Redemption price payable	$—	$6,000

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.