YUNHONG GREEN CTI LTD
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
View on SEC.govAbout this filing
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 Apr 15, 2025
YHGJ$3.35-7.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. CONSOLIDATED STATEMENTS OF CASH FLOWS
Consolidated Statements of Cash Flows
For the years ended December 31
| 2024 | 2023 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Net loss | $(1,499,000) | $(235,000) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities | ||
| Depreciation and amortization | 345,000 | 279,000 |
| Issuance of common stock for consulting services | 60,000 | - |
| Equity compensation charge | 160,000 | 21,000 |
| Non-cash interest and fees | 116,000 | 103,000 |
| Change in assets and liabilities: | ||
| Accounts receivable | (1,428,000) | (2,357,000) |
| Inventories | (702,000) | 534,000 |
| Prepaid expenses and other assets | (80,000) | 57,000 |
| Trade payables | 620,000 | (396,000) |
| Advance investor deposit | 1,050,000 | 1,500,000 |
| Accrued liabilities | 84,000 | (728,000) |
| Net cash (used in) provided by operating activities | (1,274,000) | (1,222,000) |
| Cash flows from investing activities: | ||
| Purchases of property, plant and equipment | (331,000) | (221,000) |
| Net cash (used in) provided by investing activities | (331,000) | (221,000) |
| Cash flows from financing activities: | ||
| Receipt for preferred stock issuance | 500,000 | - |
| Repayment of note payable, related party | (1,000,000) | - |
| Net advances (repayments) of term loan | (183,000) | 105,000 |
| Net advances (repayments) on revolving line of credit | 1,587,000 | 2,113,000 |
| Net cash provided by (used in) financing activities | 904,000 | 2,218,000 |
| Net increase (decrease) in cash and cash equivalents | (701,000) | 775,000 |
| Cash and cash equivalents at beginning of year | 921,000 | 146,000 |
| Cash and cash equivalents at end of year | $220,000 | $921,000 |
| Supplemental disclosure of cash flow information and noncash investing and financing activities: | ||
| Cash payments for interest | 862,000 | 551,000 |
| Accretion of dividends on preferred stock | 143,000 | 11,000 |
| Common stock issued in exchange for assets acquired | 6,250,000 | - |
| Allocation of proceeds from preferred stock financing to the issuance of warrants for common stock | 814,000 | - |
| Reclassification of investor advances upon issuances of preferred stock | 1,500,000 | - |
| Adjustment to right-of-use asset and lease liability upon extension | 1,130,000 | - |
| Conversion of notes and liabilities into common stock | - | 1,200,000 |
| Conversion of preferred stock into common stock | - | 1,862,000 |
See report of independent registered public accounting firm and notes to the consolidated financial statements.
Yunhong Green CTI Ltd.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.