Company: APT
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025400
Chunk: 0

Company: ALPHA PRO TECH LTD
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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216,000  
  Cash Flows From Financing Activities:                                                                                                                                                  
  Proceeds from exercise of stock options                                                                                                                  -                    815,000  
  Repurchase of common stock                                                                                                                     ( 2,008,000                ( 2,701,000  
  Treasury stock excise tax                                                                                                                         ( 20,000                   ( 27,000  
  Net cash and cash equivalents used in financing activities                                                                                     ( 2,028,000                ( 1,913,000  
  Decrease in cash and cash equivalents                                                                                                          ( 4,172,000                ( 4,171,000  
  Cash and cash equivalents, beginning of the period                                                                                              18,636,000                 20,378,000  
  Cash and cash equivalents, end of the period                                                            $                                       14,464,000      $          16,207,000  
  Supplemental disclosure of non-cash transactions:                                                                                                                                      
  Net non-cash changes to operating leases                                                                $                                                -      $           4,803,000  

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

5

Alpha Pro Tech, Ltd.

Notes to Condensed Consolidated Financial Statements (Unaudited)

  The Company  
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Alpha Pro Tech, Ltd. (“ Alpha Pro Tech,” the “ Company,” “we”, “us” or “our”) is in the business of protecting people, products and environments. The Company accomplishes this by developing, manufacturing and marketing a line of building supply products for the new home and re-roofing markets and a line of disposable protective apparel for the cleanroom, industrial, pharmaceutical, medical and dental markets.

The Building Supply segment consists of construction weatherization products, such as housewrap, housewrap accessories including window and door flashing, seam tape, synthetic roof underlayment and synthetic roof underlayment accessories, as well as other woven materials.

The Disposable Protective Apparel segment consists of a complete line of disposable protective garments (shoecovers, bouffant caps, coveralls, gowns, frocks and lab coats), face masks and face shields. All of our disposable protective apparel products, including face masks and face shields, are sold through similar distribution channels, are single-use and disposable, have the purpose of protecting people, products and environments, and have to be produced in Food and Drug Administration approved facilities, regardless of the market served.

The Company’s products are sold under the “ Alpha Pro Tech”