For the quarter ending 2025-09-30, ASST had $105,146,000 increase in cash & cash equivalents over the period. -$10,693,947 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -187,998,171 | -4,288,829 |
| Depreciation and amortization | 12,000 | - |
| Accretion of discount on investments, net | 0 | - |
| Reduction in carrying amount of right-of-use assets | 5,000 | - |
| Net unrealized loss on digital assets | -10,133,000 | - |
| Other derivative loss | -14,731,000 | - |
| Share-based compensation expense | 15,226,618 | 1,067,382 |
| Goodwill and intangible asset impairment | 140,785,000 | - |
| Non-cash transaction expenses | 2,936,000 | - |
| Prepaid expenses | 2,739,486 | 188,514 |
| Other current assets | -1,461,000 | - |
| Contract liabilities | - | 78 |
| Other non-current assets | 0 | - |
| Accounts payable and accrued liabilities | - | 147,474 |
| Compensation and benefits payable | 263,000 | - |
| Depreciation and amortization | - | 1,356 |
| Accounts payable and other liabilities | -5,360,000 | - |
| Net cash used in operating activities | -10,693,947 | -3,261,053 |
| Purchases of digital assets | 675,008,000 | - |
| Purchases of intangible assets | 75,000 | 0 |
| Purchases of property and equipment | 0 | 0 |
| Cash acquired through business combination | 400,000 | - |
| Purchases of short-term investments | 0 | - |
| Proceeds from short-term investments | 0 | - |
| Net cash provided by (used in) investing activities | -674,683,000 | 0 |
| Proceeds from issuance of class a common stock | 522,491,130 | 3,118,870 |
| Proceeds from issuance of pre-funded warrants | 283,170,000 | - |
| Proceeds from warrant exercises | 13,000,000 | - |
| Payment of issuance costs | 27,996,000 | - |
| Proceeds from issuance of preferred stock | 0 | 0 |
| Class b common stock subscription proceeds received, net | - | 0 |
| Redemption of preferred stock | 0 | - |
| Net cash provided by (used in) financing activities | 790,665,130 | 3,118,870 |
| Net increase (decrease) in cash and cash equivalents | 105,146,000 | - |
| Cash and cash equivalents at beginning of period | 3,923,000 | - |
| Net change in cash and cash equivalents | - | -142,183 |
| Cash and cash equivalents at end of period | 109,069,000 | - |
Strive, Inc. (ASST)
Strive, Inc. (ASST)