Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Cash Flows (Unaudited)

v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income (loss) $ 1,028 $ (11,626)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,766 5,481
Amortization of premium and discount on investments, net (1,556) (3,304)
Deferred taxes (157) (3,523)
Stock-based compensation 3,745 3,437
Changes in operating assets and liabilities, net of acquired amounts:    
Accounts receivable (4,944) 946
Inventories, net 13,752 23,440
Other assets (2,555) (8,030)
Accounts payable and accrued expenses 3,037 2,310
Net cash provided by operating activities 18,116 9,131
Cash flows from investing activities    
Purchases of property, plant and equipment and intangible assets (5,221) (5,608)
Purchases of investments (78,697) (124,137)
Proceeds from maturities of investments 95,976 142,067
Net cash provided by investing activities 12,058 12,322
Cash flows from financing activities    
Issuance of long-term debt 0 2,142
Repayment of long-term debt 0 (2,142)
Proceeds from issuance of common stock under employee stock purchase plan 595 586
Repurchase of shares for payment of withholding taxes for vested restricted stock grants (494) (240)
Withholding related to exercise of stock options (133) (9)
Borrowings and repayments of bank overdrafts, net 793 0
Borrowings and repayments of factoring liability, net 3,544 (667)
Repurchase of common stock (16,665) (33,374)
Net cash used in financing activities (12,360) (33,704)
Effect of exchange rates on cash (109) 48
Increase (decrease) in cash and cash equivalents 17,704 (12,203)
Cash and cash equivalents, beginning of period 16,167 37,827
Cash and cash equivalents, end of period 33,871 25,624
Supplemental disclosures for cash flow information    
Cash paid for income taxes 1,237 165
Cash paid for interest 193 302
Right of use assets obtained through lease liabilities 3,895 4,614
Non-cash financing activities    
Cashless exercise of stock options $ 462 $ 19