The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -36,837,643 |
| Stock-based compensation | 14,524,720 |
| Stock-based compensation - related parties | 4,615,455 |
| Bad debt expense | 345,950 |
| Non-cash lease expenses | 161,202 |
| Amortization and depreciation | 329,334 |
| Amortization of debt discount | 2,411,907 |
| Loss on settlement of debt | -6,843,707 |
| Loss on fair value of derivative liability | -2,002,767 |
| Write off of deferred offering costs | 197,415 |
| Accounts receivable | 237,542 |
| Inventory | 370,938 |
| Prepaid expenses | 242,891 |
| Security deposit | -57,491 |
| Accounts payable and accrued liabilities | 343,759 |
| Related party advances funding operating expense | 25,300 |
| Accrued interest - related parties | 223,128 |
| Deferred revenue | 3,000 |
| Operating lease liabilities | -150,054 |
| Net cash used in operating activities | -5,868,915 |
| Purchase of equipment | 193,953 |
| Acquisition of intangible asset | 100,000 |
| Net cash used in investing activities | -293,953 |
| Proceeds from convertible notes and warrants | 1,909,000 |
| Proceeds from convertible note and warrants - related party | 1,776,082 |
| Payments of deferred offering costs | 71,311 |
| Proceeds from loan - related party | 0 |
| Repayment of loan - related party | 25,000 |
| Proceeds from issuance of series c convertible preferred stock and warrants | 8,332,551 |
| Repayment of financing loan | 264,996 |
| Net cash provided by financing activities | 11,656,326 |
| Change in cash | 5,493,458 |
| Cash, beginning of period | 775,133 |
| Cash, end of period | 6,268,591 |
CitroTech Inc. (CITR)
CitroTech Inc. (CITR)