For the quarter ending 2025-12-31, BTOC had -$1,411,127 decrease in cash & cash equivalents over the period. -$2,049,158 in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Depreciation of property and equipment and right-of-use assets-finance leases | 901,410 | 778,520 | 2,931,993 |
| Amortization | 11,662 | 11,595 | 38,081 |
| Non-cash operating leases expense | 1,887,453 | 1,225,671 | 7,536,058 |
| Accretion of convertible notes | 0 | 527,251 | 617,845 |
| Interest income | 24,159 | 15,375 | 144,501 |
| Accounts receivable and other receivables | 1,087,478 | -3,817,245 | -2,981,935 |
| Other current assets | 678,889 | -13,503 | -625,686 |
| Other non-current assets | -36,000 | 132,136 | 28,000 |
| Prepaid expenses | -391,622 | 291,799 | 246,211 |
| Accounts payable & accrued liabilities | 1,275,394 | -1,574,944 | 2,102,444 |
| Contract liabilities | -198,024 | -112,283 | 662,634 |
| Loss on debt extinguishment | - | - | -1,192,431 |
| Accrued payroll liabilities | -123,176 | 331,403 | -122,100 |
| Net loss | -3,860,182 | -6,508,053 | -15,348,767 |
| Net loss from disposal of fixed assets | 0 | - | -43,625 |
| Current estimated credit loss | 0 | - | 275,610 |
| Deferred income taxes | 0 | - | -1,536,455 |
| Income tax payable | 0 | - | -57,589 |
| Net changes in derecognized rou and operating lease liabilities | 0 | - | 63,874 |
| Net cash used in operating activities | -1,468,367 | -1,929,402 | 1,460,845 |
| Purchase of property and equipment | 580,791 | 56,077 | 2,889,928 |
| Loan disbursements | 0 | 2,370,000 | 1,000,000 |
| Proceeds from loan repayments | 820,001 | 3,743,309 | 2,036,705 |
| Proceeds from sale of property and equipment | 0 | - | 48,000 |
| Net cash provided by (used in) investing activities | 239,210 | 1,317,232 | -1,805,223 |
| Proceeds (lend to) from related parties | - | - | -350,209 |
| Repayments of convertible notes | 0 | 2,020,000 | - |
| Repayments of finance lease liabilities | 181,970 | 97,747 | 360,443 |
| Repayment of commitment payable | - | - | 150,000 |
| Repayment of convertible notes | - | - | 3,260,000 |
| Repayment to related parties | 0 | - | - |
| Proceeds from convertible notes | 0 | - | 8,092,473 |
| Net cash (used in) provided by financing activities | -181,970 | -2,117,747 | 3,971,821 |
| Net decrease in cash and cash equivalents and restricted cash | -1,411,127 | -2,729,917 | 3,627,443 |
| Cash and cash equivalents at beginning of period | 10,847,910 | 13,577,827 | 9,950,384 |
| Cash and cash equivalents at end of period | 9,436,783 | 10,847,910 | 13,577,827 |
Armlogi Holding Corp. (BTOC)
Armlogi Holding Corp. (BTOC)