XML 54 R7.htm IDEA: XBRL DOCUMENT v3.25.1
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,041 $ 3,956
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 200 156
Amortization 509 513
Provision for losses on/(recovery of) accounts receivable (9) (8)
Amortization of Right-of-Use Assets 12 14
Deferred income taxes (209) (192)
Stock-based compensation expense 82 79
Tax benefit attributable to exercise of stock options 0 9
Accounts receivable and other receivables 12 (214)
Inventories 275 271
Prepaid expenses and other current assets (26) (87)
Accounts payable 217 230
Accrued expenses 360 549
Total adjustments 1,423 1,320
Net cash provided by operating activities 4,464 5,276
CASH FLOWS FROM INVESTING ACTIVITIES    
Property and equipment (184) (22)
Proceeds from sale of equipment 0 27
Net cash provided by/(used in) investing activities (184) 5
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock - options 0 96
Common stock purchased and retired (3,221) (2,990)
Payment of dividends (1,017) (1,089)
Net cash used in financing activities (4,238) (3,983)
Effect of exchange rate changes on cash 307 (358)
Net increase in cash and cash equivalents 349 940
Cash at beginning of period 82,976 92,868
Cash at end of period 83,325 93,808
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes 46 105
Cash paid during the period for interest $ 0 $ 0