| Cash Flow | 2026-06-30 |
|---|---|
| Net loss | -117,057,842 |
| Bad debt expense | 1,963,045 |
| Non-customer valuation allowance | 2,903,284 |
| Amortization, deferred financing cost | 428,282 |
| Loss on debt extinguishment | -4,826 |
| Loss on settlement | -60,414,821 |
| Change in estimated fair value of contingent consideration | 251,426 |
| Change in fair value of warrants | 2,428,727 |
| Change in fair value of bifurcated derivatives | 977,298 |
| Loss on financing transaction | -11,613,736 |
| Gain on warrant exercise | 639,808 |
| Payment of fee by issuance of preferred stock | 239,192 |
| Shares issued for services | 75,000 |
| Depreciation and amortization expense | 8,765,901 |
| Right-of-use asset amortization | 1,062,361 |
| Share-based compensation | 4,603,918 |
| Accounts receivable | 12,321,266 |
| Contract assets | -2,649,096 |
| Unbilled accounts receivable | 1,239,088 |
| Prepaid expenses and other current assets | 7,873,101 |
| Due from related parties | -6,781,398 |
| Other assets | 1,426,772 |
| Accounts payable | 13,592,241 |
| Due to related parties | 714,984 |
| Income taxes payable | -3,071,521 |
| Accrued expenses and other current liabilities | 12,715,733 |
| Operating lease liability | -394,418 |
| Other liabilities | -1,894,143 |
| Net cash provided by (used in) operating activities | -13,732,690 |
| Purchase of property and equipment | 80,529 |
| Net cash (used in) investing activities | -80,529 |
| Acquisition, net - cash acquired | 32,651,398 |
| Borrowings on revolving line of credit | 223,453,014 |
| Payments on revolving line of credit | 231,594,306 |
| Payments on notes payable | 1,520,022 |
| Proceeds from factoring agreements | 1,000,000 |
| Repayments on factoring debt | 1,648,504 |
| Other short-term borrowings | 3,050,000 |
| Payments on factoring debt | 570,157 |
| Proceeds from issuance of preferred stock and warrants, net of issuance costs | 5,543,739 |
| Proceeds received upon exercise of warrants | 3,200,000 |
| Debt issuance costs payment | 40,500 |
| Finance lease repayments | 294,315 |
| Net cash (used in) provided by financing activities | 33,230,347 |
| Effect of exchange rates on cash and cash equivalents | -173,167 |
| Net increase in cash and cash equivalents | 19,243,961 |
| Cash and cash equivalents beginning of period | 81,134 |
| Cash and cash equivalents end of period | 19,325,095 |
| Interest | 4,244,003 |
| Settlement shares issued to legacy stockholders | 0 |
| Share settled earnout value | 5,600,000 |
| Fair value of common shares issued as partial consideration for a business | 48,312,030 |
| Contingent consideration arrangement issued as partial consideration for a business | 2,098,574 |
CIRCLE8 GROUP INC (CIRC)
CIRCLE8 GROUP INC (CIRC)