Company: OCC
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001437749-25-019494
Chunk: 22

Company: OPTICAL CABLE CORP
Filing Date: 2025-06-05
Form: 10-Q
Item: Item 1
Chunk 22
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924

			Increase (decrease) in:

			Accounts payable and accrued expenses

			2,062,856

			(436,535
			)

			Accrued compensation and payroll taxes

			256,369

			(202,007
			)

			Income taxes payable

			12,302

			12,023

			Other noncurrent liabilities

			(211,229
			)

			(106,235
			)

			Net cash provided by operating activities

			2,816,063

			112,605

			Cash flows from investing activities:

			Purchase of and deposits for the purchase of property and equipment

			(139,845
			)

			(235,823
			)

			Insurance proceeds, net

			—

			218,902

			Investment in intangible assets

			(3,409
			)

			—

			Net cash used in investing activities

			(143,254
			)

			(16,921
			)

			Cash flows from financing activities:

			Payroll taxes withheld and remitted on share-based payments

			(107,313
			)

			(107,661
			)

			Proceeds from note payable, revolver

			33,768,809

			31,812,257

			Payments on note payable, revolver

			(35,586,588
			)

			(32,089,800
			)

			Principal payments on long-term debt

			(28,278
			)

			(20,770
			)

			Payments for financing costs

			(50,000
			)

			(50,000
			)

			Principal payments on finance lease

			(19,405
			)

			(18,507
			)

			Net cash used in financing activities

			(2,022,775
			)

			(474,481
			)

			Net increase (decrease) in cash

			650,034

			(378,797
			)

			Cash at beginning of period

			244,247

			1,468,709

			Cash at end