The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Shares issued for compensation | 0 |
| Loss on disposal of fixed assets | 0 |
| Loss on long-term investment | 0 |
| Write-off of deposit | 0 |
| Prepaid research and development | 0 |
| Inventories | 0 |
| Deposit receivable | 0 |
| Contingent payable | 0 |
| Depreciation and amortization | 1,204,126 |
| Impairment of assets | 5,563,227 |
| Realized gains on digital assets | 86,728 |
| Unrealized losses on digital assets | -7,766,498 |
| Share-based compensation | 1,795,671 |
| Shares issued for consulting services | 228,969 |
| Amortization of debt issuance costs | 3,122,808 |
| Amortization of power purchase agreement | 217,548 |
| Change in fair value of derivative liabilities | 2,976,911 |
| Loss (gain) on debt conversion | 86,563 |
| Loss on debt extinguishment | -10,131,237 |
| Loss on disposal of business | -880,482 |
| Revenue from crypto asset production | 2,340,279 |
| Other receivables | -90,952 |
| Prepaid expenses and other current assets | 5,297,820 |
| Lease deposit asset | 108,557 |
| Accounts payable and accrued liabilities | -1,305,307 |
| Other current liabilities | -50,000 |
| Net loss | -33,195,206 |
| Net cash used in operating activities | -14,445,853 |
| Cash consideration paid for business combination | 0 |
| Acquisitions | 4,765,000 |
| Acquisition of property and equipment | 1,248,464 |
| Digital asset purchases | 109,999,778 |
| Proceeds from sale of digital assets | 450,884 |
| Proceeds from sale of intangible assets | 50,000 |
| Net cash used in investing activities | -115,512,358 |
| Proceeds from common shares issued for cash at the market | 1,559,186 |
| Share issuance costs paid for share issued at the market | 111,449 |
| Proceeds from common shares issued in the offering | 130,923,680 |
| Share issuance costs paid for shares issued in the offering | 6,140,667 |
| Proceeds from pre-funded warrants issued for cash in the offering | 14,452,256 |
| Share repurchases in the open market | 257,964 |
| Proceeds from debentures, net of discount | 11,295,000 |
| Financing costs of debentures | 157,000 |
| Proceeds from loan payable | 220,000 |
| Repayment of loan payable | 42,787 |
| Proceeds from the exercise of warrants | 403,061 |
| Other | 177 |
| Repayment of convertible debentures | 431,552 |
| Net cash provided by financing activities | 151,711,941 |
| Effect of exchange rate changes on cash | -108,148 |
| Change in cash and cash equivalents | 21,645,582 |
| Cash and cash equivalents, beginning of year | 489,868 |
| Cash and cash equivalents, end of year | 22,135,450 |
AVAX ONE TECHNOLOGY LTD. (AVX)
AVAX ONE TECHNOLOGY LTD. (AVX)