Company: OCC
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001437749-25-019494
Chunk: 21

Company: OPTICAL CABLE CORP
Filing Date: 2025-06-05
Form: 10-Q
Item: Item 1
Chunk 21
---
2024

			7,853,357

			$
			15,185,623

			$
			8,162,437

			$
			23,348,060

			Share-based compensation, net

			(842
			)

			91,641

			—

			91,641

			Net loss

			—

			—

			(1,601,346
			)

			(1,601,346
			)

			Balances at April 30, 2024

			7,852,515

			$
			15,277,264

			$
			6,561,091

			$
			21,838,355

See accompanying condensed notes to condensed consolidated financial statements.        

4

OPTICAL CABLE CORPORATION

Condensed Consolidated Statements of Cash Flows

(Unaudited)

			Six Months Ended

			April 30,

			2025

			2024

			Cash flows from operating activities:

			Net loss

			$
			(1,805,353
			)
			 
			$
			(3,026,620
			)

			Adjustments to reconcile net loss to net cash provided by operating activities:

			Depreciation and amortization

			424,108

			431,414

			Bad debt recovery

			(27,232
			)

			(16,928
			)

			Share-based compensation expense

			186,298

			250,792

			Gain on insurance proceeds, net

			—

			(218,902
			)

			Loss on disposal of property and equipment

			6,292

			796

			(Increase) decrease in:

			Trade accounts receivable

			1,860,711

			446,843

			Other receivables

			43,854

			384,530

			Income taxes refundable

			5,000

			—

			Inventories

			(332,403
			)

			2,279,950

			Prepaid expenses and other assets

			107,440

			111,560

			Other assets

			227,050

			201,