The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Loss on long-term investment | - | 0 | 0 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | - | - |
| Write-off of deposit | - | 0 | - |
| Change in fair value of derivative liabilities | 0 | 0 | 2,976,911 |
| Accounts receivable | - | - | 0 |
| Prepaid research and development | - | 0 | - |
| Gain on debt conversion | 0 | 0 | 86,563 |
| Inventories | - | 0 | 0 |
| Loss on debt extinguishment | 0 | -11,526 | -10,119,711 |
| Deposit receivable | 0 | 0 | - |
| Contingent payable | - | 0 | - |
| Depreciation and amortization | 253,000 | 299,322 | 904,804 |
| Staking fees paid in avax tokens | 11,000 | - | - |
| Impairment of liquid staking tokens | 1,127,000 | 5,563,227 | - |
| Unrealized losses on digital assets | -36,302,000 | -7,766,498 | - |
| Share-based compensation | 253,000 | 304,847 | 1,490,824 |
| Shares issued for consulting services | - | 178,969 | 50,000 |
| Impairment of intangible assets | - | - | 0 |
| Amortization of debt issuance costs | 1,818,000 | 827,151 | 2,295,657 |
| Realized (gains) losses on sale of bitcoin | - | - | 48,371 |
| Shares issued for compensation | - | 0 | 0 |
| Amortization of power purchase agreement | 58,000 | 40,377 | 177,171 |
| Bitcoin unrealized (gain) loss market valuation | - | - | 80,577 |
| Loss on disposal of business | - | 0 | -880,482 |
| Loss on disposal of fixed assets | -259,000 | 0 | 0 |
| Revenue from digital asset production | 2,511,000 | 1,089,686 | 1,250,593 |
| Other receivables | -2,000 | -170,673 | 79,721 |
| Prepaid expenses and other current assets | -2,013,000 | 5,098,858 | 198,962 |
| Lease deposit asset | - | 0 | 108,557 |
| Accounts payable and accrued liabilities | 158,000 | -1,389,662 | 84,355 |
| Other current liabilities | 2,000 | 0 | -50,000 |
| Contract liabilities | - | - | 0 |
| Realized loss on digital assets | -5,297,000 | 86,728 | - |
| Net loss for the period | -46,391,000 | -16,638,183 | -16,557,023 |
| Net cash used in operating activities | -1,349,000 | -9,011,579 | -5,434,274 |
| Purchase of note payable | - | - | 0 |
| Cash consideration paid for business combination | - | 0 | 0 |
| Bald eagle acquisition | - | - | 4,765,000 |
| Acquisitions | 0 | 4,765,000 | - |
| Acquisition of property and equipment | - | 168,116 | 1,080,348 |
| Purchase of digital assets | 25,000 | 109,999,778 | - |
| Proceeds from sale of digital assets | - | 450,884 | - |
| Sale of digital assets | - | - | 328,526 |
| Proceeds from sale of intangible assets | - | 50,000 | - |
| Purchase of equipment | 2,523,000 | - | - |
| Net cash used in investing activities | -2,548,000 | -109,995,536 | -5,516,822 |
| Proceeds from common shares issued for cash at the market | - | 238,449 | 1,320,737 |
| Share issuance costs paid for share issued at the market | - | 49,777 | 61,672 |
| Proceeds from loan payable | - | -55,000 | 275,000 |
| Proceeds from common shares issued in the offering | - | 130,923,680 | - |
| Proceeds from the exercise of warrants | - | 0 | 403,061 |
| Share issuance costs paid for shares issued in the offering | - | 6,140,667 | - |
| Proceeds from debentures - net of discount | - | - | 9,795,000 |
| Other | - | 177 | - |
| Financing costs of debentures | 0 | 0 | 157,000 |
| Proceeds from pre-funded warrants issued for cash in the offering | - | 14,452,256 | - |
| Repayment of convertible debentures | 0 | 321,552 | 110,000 |
| Shares repurchased in the open market, including costs | 3,044,000 | 257,964 | - |
| Proceeds from debenture and warrant issuance, net of discount | 6,716,000 | 11,295,000 | - |
| Repayment of loan payable | 10,000 | 42,787 | - |
| Net cash provided by financing activities | 3,662,000 | 140,246,815 | 11,465,126 |
| Change in cash, cash equivalents and restricted cash | -235,000 | - | - |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 1,049 | -109,197 |
| Change in cash, cash equivalents and restricted cash | -235,000 | 21,240,749 | 404,833 |
| Cash, cash equivalents and restricted cash, beginning of period | 22,135,000 | 894,701 | 489,868 |
| Cash, cash equivalents and restricted cash, end of period | 21,900,000 | 22,135,450 | 894,701 |
AVAX ONE TECHNOLOGY LTD. (AVX)
AVAX ONE TECHNOLOGY LTD. (AVX)