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Proceeds from disposal of
usdc
$1,000,000
Cash provided by
investing activities
$1,000,000
Net change in cash
-$536,750
Canceled cashflow
$1,000,000
Change in fair value of
digital assets - avax
-$46,192,584
Impairment of digital
assets - stavax
$5,059,757
Accounts payable and
accrued expenses
$1,018,819
Realized loss on digital
assets - avax
$477,431
Digital assets disposed
of through staking...
$28,779
Prepaid expense
-$17,169
Non-cash payments of usdc
$3,600
Cash used in
operating activities
-$1,059,087
Canceled cashflow
$52,798,139
Cash flows used in
financing activities
-$477,663
Net loss
-$26,780,242
Change in fair value of
token sale liability
-$24,807,903
Digital assets received
from staking rewards
$2,093,347
Due from related
party
$154,675
Usdc received
recorded as other income
$21,059
Deferred transaction
costs
$477,663
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Cash Flow
Avalanche Treasury Corp (AVAT)
Avalanche Treasury Corp (AVAT)
source: myfinsight.com