For the year ending 2025-12-31, AIEV had -$42,523 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -2,119,417 |
| Allowance for credit losses against other current assets | 315,000 |
| Changes in fair value of short-term investments | -818 |
| Reversal of exercise tax payable (note 6) | 411,491 |
| Other current assets | -39,153 |
| Amount due to related parties | 218,283 |
| Other payable and accrued expenses | -379,238 |
| Lease liabilities | -17,263 |
| Amortization of right of use assets | 17,137 |
| Depreciation expenses | 0 |
| Share-based compensation | 0 |
| Net cash used in operating activities | -1,514,036 |
| Redemption of short-term investments | -1,400 |
| Cash acquired in reverse capitalization | 0 |
| Net cash (used in) provided by investing activities | -1,400 |
| Borrowings from related parties | 1,473,264 |
| Subscription fees received from shareholders | 0 |
| Payment of offering cost | 0 |
| Repayment of borrowings to a related party | 0 |
| Payment of extension loans | 0 |
| Proceeds of prepayment shortfall under forward purchase contract | 0 |
| Net cash provided by financing activities | 1,473,264 |
| Effect of exchange rates on cash | -351 |
| Net decrease in cash | -42,523 |
| Cash at beginning of year | 52,616 |
| Cash at end of year | 10,093 |
Thunder Power Holdings, Inc. (AIEV)
Thunder Power Holdings, Inc. (AIEV)