For the quarter ending 2025-09-30, ATLN had -$291,339 decrease in cash & cash equivalents over the period. -$1,269,600 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -10,820,344 | -21,462,354 |
| Bad debt expense | 456,054 | - |
| Amortization, deferred financing cost | 39,163 | 91,108 |
| Interest paid in kind | 0 | 0 |
| Loss on debt extinguishment | 0 | 0 |
| Deferred income taxes | 0 | 0 |
| Settlement claim to be paid in shares | 0 | 0 |
| Shares issued for services | 510,000 | 326,400 |
| Depreciation and amortization expense | 1,230,308 | 2,469,138 |
| Right-of-use asset amortization | 381,856 | 867,432 |
| Share based compensation | 6,709,761 | 12,309,724 |
| Accounts receivable | 1,189,786 | -17,356,622 |
| Unbilled accounts receivable | 2,992,608 | 44,838 |
| Prepaid expenses and other current assets | 143,861 | 715,739 |
| Due from related parties | 424,900 | 6,067,963 |
| Other assets | 74,908 | -101,536 |
| Accounts payable | 2,140,967 | 1,129,291 |
| Due to related parties | 0 | -2,091,035 |
| Income taxes payable | 0 | 0 |
| Accrued expenses and other current liabilities | 3,304,769 | 1,630,927 |
| Contingent consideration liability | 0 | 0 |
| Operating lease liability | -381,649 | -863,020 |
| Net cash provided by (used in) operating activities | -1,255,178 | 5,037,229 |
| Purchase of property and equipment | 14,422 | 30,073 |
| Net cash (used in) investing activities | -14,422 | -30,073 |
| Borrowings on revolving line of credit | 107,090,787 | 248,342,112 |
| Payments on revolving line of credit | 106,112,526 | 253,464,848 |
| Borrowing on credit agreement | 0 | 0 |
| Deemed capital contribution from recapitalization | 0 | 0 |
| Debt issuance costs payment | 0 | 188,351 |
| Net cash (used in) provided by financing activities | 978,261 | -5,311,087 |
| Net increase/(decrease) in cash and cash equivalents | -291,339 | -303,931 |
| Cash and cash equivalents at beginning of period | 678,676 | - |
| Cash and cash equivalents at end of period | 83,406 | - |
ATLANTIC INTERNATIONAL CORP. (ATLN)
ATLANTIC INTERNATIONAL CORP. (ATLN)