Company: OCC
Filing Date: 2025-09-11
Form Type: 10-Q
Source: 0001437749-25-028857
Chunk: 14

Company: OPTICAL CABLE CORP
Filing Date: 2025-09-11
Form: 10-Q
Item: Item 1
Chunk 14
---
	Purchase of and deposits for the purchase of property and equipment

			(217,048
			)

			(313,072
			)

			Insurance proceeds, net

			—

			271,242

			Investment in intangible assets

			(16,538
			)

			(1,397
			)

			Net cash used in investing activities

			(233,586
			)

			(43,227
			)

			Cash flows from financing activities:

			Payroll taxes withheld and remitted on share-based payments

			(107,313
			)

			(112,951
			)

			Proceeds from note payable, revolver

			53,653,397

			46,960,657

			Payments on note payable, revolver

			(55,509,858
			)

			(48,004,381
			)

			Principal payments on long-term debt

			(42,881
			)

			(34,191
			)

			Payments for financing costs

			(75,000
			)

			(75,000
			)

			Issuance of redeemable common stock, net of issuance costs

			1,907,517

			—

			Principal payments on finance leases

			(31,854
			)

			(27,927
			)

			Net cash used in financing activities

			(205,992
			)

			(1,293,793
			)

			Net increase (decrease) in cash

			177,167

			(671,974
			)

			Cash at beginning of period

			244,247

			1,468,709

			Cash at end of period

			$
			421,414

			$
			796,735

See accompanying condensed notes to condensed consolidated financial statements.

5

OPTICAL CABLE CORPORATION

Condensed Notes to Condensed Consolidated Financial Statements

Nine Months Ended July 31, 2025

(Unaudited)

			(1)

			General

The accompanying unaudited condensed consolidated financial statements of Optical Cable Corporation and its subsidiaries (collectively, the “Company” or “OCC®”) have