EASTERN CO
For the period ended Sep 27, 2025. Filed Nov 4, 2025.
View on SEC.govAbout this filing
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 27, 2025 · Filed Nov 4, 2025
EML$29.48+8.2%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
Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Nine Months Ended | ||
|---|---|---|
| September 27,2025 | September 28,2024 | |
| Operating Activities | ||
| Net income (loss) | $5,962,793 | $(9,842,000) |
| Less: Gain (Loss) from discontinued operations | 1,180,739 | (21,517,715) |
| Income from continuing operations | $4,782,054 | $11,675,715 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 4,846,679 | 4,266,038 |
| Reduction in carrying amount of ROU assets | 2,200,274 | 2,418,801 |
| Unrecognized pension and postretirement benefits | (689,806) | (353,257) |
| Loss on sale of equipment and other assets | 176,254 | 53,311 |
| Provision for doubtful accounts | 17,000 | (24,570) |
| Stock compensation expense | 599,372 | 913,775 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 8,050,261 | (11,739,823) |
| Inventories | (722,705) | 300,720 |
| Prepaid expenses and other | (387,479) | 2,874,825 |
| Other assets | 214,725 | (236,934) |
| Accounts payable | (3,274,997) | 693,653 |
| Accrued compensation | (906,067) | (190,904) |
| Change in operating lease liability | (2,200,274) | (2,418,801) |
| Other accrued expenses | (7,683,977) | 115,403 |
| Net cash provided by operating activities | 5,021,314 | 8,347,952 |
| Investing Activities | ||
| Marketable securities | 2,222,059 | (999,960) |
| Business Acquisition | (421,039) | - |
| Payments received from notes receivable | 14,545 | 470,937 |
| Proceeds from sale of discontinued operations | 1,593,646 | - |
| Proceeds from sale of equipment | 800 | 18,925 |
| Purchases of property, plant, and equipment | (1,643,885) | (7,634,265) |
| Net cash provided by (used in) investing activities | 1,766,126 | (8,144,363) |
| Financing Activities | ||
| Principal payments on long-term debt | (7,044,065) | (2,365,500) |
| Proceeds(payments) on short term borrowings (revolver) | - | 3,000,000 |
| Financing leases, net | (592,699) | 2,819,262 |
| Purchase common stock for treasury | (2,975,152) | (1,916,130) |
| Dividends paid | (2,016,239) | (2,050,933) |
| Net cash used in financing activities | (12,628,155) | (513,301) |
| Discontinued Operations | ||
| Cash provided by operating activities | - | 411,778 |
| Cash used in investing activities | - | (217,101) |
| Cash provided by discontinued operations | - | 194,677 |
| Effect of exchange rate changes on cash | 225,126 | (67,874) |
| Net change in cash and cash equivalents | (5,615,589) | (182,909) |
| Cash and cash equivalents at beginning of period | 14,843,529 | 8,299,453 |
| Cash and cash equivalents at end of period | $9,227,940 | $8,116,544 |
| Supplemental disclosure of cash flow information: | ||
| Interest | $2,110,688 | $2,443,448 |
| Income taxes | 2,078,175 | 3,945,295 |
| Non-cash investing and financing activities | ||
| Right of use asset | 4,552,886 | 2,418,801 |
| Lease liability | (4,016,861) | (462,004) |
| See accompanying notes | ||
- 7 -
Table of Contents
THE EASTERN COMPANY
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.