For the quarter ending 2026-01-31, BNCWW had -$21,161,747 decrease in cash & cash equivalents over the period. -$7,992,909 in free cash flow.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|
| Net income | -106,572,140 | 283,642,773 | -5,848,397 |
| Depreciation and amortization | 139,779 | 160,689 | 96,479 |
| Share-based compensation | -4,640,237 | 31,707 | 4,668,750 |
| Amortization of debt discount | 17,924 | 66,914 | 27,912 |
| Non-cash income from airdrops | 1,265,452 | 5,827,578 | - |
| Non-cash fees paid in digital assets | 604,155 | - | - |
| Unrealized loss on digital assets | -159,791,308 | 114,033,718 | - |
| Change in fair value of warrant liabilities | 38,061,767 | 206,818,087 | - |
| Loss on disposal of assets | 1 | -581 | - |
| Loss on disposal of property, plant, and equipment | - | - | 2,131 |
| Digital assets-ar | - | 27,406 | - |
| Accounts receivable | -18,126 | -56,783 | 7,858 |
| Income taxes payable | 18,610 | -235,180 | -59,834 |
| Inventory | 273,036 | 173,940 | -286,305 |
| Prepaid expenses | -190,645 | 125,331 | -1,117,969 |
| Accounts payable and accrued liabilities | 624,930 | 2,184,597 | -1,972,092 |
| Deferred revenue | - | - | -33,027 |
| Contract assets, net | - | - | -1,439 |
| Related parties receivables | - | - | 0 |
| Lease liabilities | 21,028 | 4,273 | -954 |
| Royalty liabilities | - | - | 0 |
| Deferred revenue | -238,591 | 273,558 | - |
| Contract assets | 0 | 1,054 | 0 |
| Deferred tax asset (liabilities) | - | 18,395,475 | - |
| Net cash used in operating activities | -7,992,786 | -22,389,117 | -1,725,439 |
| Cash paid for acquisitions of fat panda | 72,365 | -318,311 | 10,644,080 |
| Purchase of digital assets | 350,211 | 174,900,038 | - |
| Purchases of property and equipment | 123 | 9,314 | - |
| Net cash used in investing activity | -422,699 | -174,591,041 | -10,644,080 |
| Proceeds from notes payable | 0 | 0 | 3,910,282 |
| Proceeds from issuance of common stock and warrants in pipe offering | 0 | 226,837,431 | - |
| Issuance cost of common stock and warrants in pipe offering | 0 | -9,308,741 | - |
| Proceeds from issuance of common stock | -9 | 12,928,330 | - |
| Warrants exercised | 0 | 24 | - |
| Repurchase of shares | 8,774,165 | 4,000,000 | - |
| Repayments from notes payable | 3,972,088 | - | - |
| Net cash provided by financing activity | -12,746,262 | 226,457,044 | 3,910,282 |
| Net decrease in cash and cash equivalents | -21,161,747 | 29,476,886 | -8,459,237 |
| Effect of exchange rate changes on cash and cash equivalents | -58,119 | 70,195 | - |
| Cash and cash equivalents, beginning of period | 32,535,255 | 11,447,411 | - |
| Cash and cash equivalents, end of period | 11,323,024 | 32,535,255 | - |
CEA Industries Inc. (BNCWW)
CEA Industries Inc. (BNCWW)