BSEM: the cash flow

MyFinsight

Cash Flow	2026-06-30
Net (loss) income	-17,791,065
Depreciation expense	64,600
Amortization expense	1,165,154
Amortization of debt discount	0
Amortization of right-of-use asset	106,716
Stock-based compensation expense	3,914,096
Fair value adjustment to contingent consideration	1,412,000
Gain on extinguishment of debt	815,250
Deferred tax benefit	0
Accounts receivable	-3,253,111
Inventory	1,834,615
Prepaid expenses and other assets	364,256
Accounts payable and accrued expenses	4,911,963
License fees payable	-295,200
Income tax payable	-31,512
Accrued interest	99,083
Other current and long-term liabilities	-158,802
Net cash (used in) provided by operating activities	-6,363,977
Purchases of property and equipment and construction-in- process	57,925
Cash paid in business combination	15,018,371
Net cash used in investing activities	-15,076,296
Repayments on notes payable	3,500,000
Proceeds from issuance of common stock	2,500,000
Cash paid to third parties for issuance of common stock	146,253
Issuance of common stock for warrant exercise	0
Net cash used in financing activities	-1,146,253
Cash, cash equivalent, restricted cash, and restricted cash equivalent, period increase (decrease), excluding exchange rate effect, including discontinued operation, total	-22,586,526
Balance, beginning of period	29,549,018
Balance, end of period	6,962,492

Unit: Dollar. Numbers labeled with * are estimated quarterly values.