For the quarter ending 2026-03-31, CNET had -$250K decrease in cash & cash equivalents over the period. -$292K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on disposal of subsidiaries | - | 0 | 0 | - |
| Loss on disposal of fixed assets | - | 0 | 0 | 0 |
| Impairment on long-term investments | - | 0 | 0 | 0 |
| Net income/(loss) | 126 | -496 | -108 | -1,167 |
| Depreciation and amortization | 66 | 69 | 71 | 92 |
| Amortization of operating lease right-of-use assets | 12 | 11 | 11 | 24 |
| Share-based compensation expenses | 0 | 0 | 59 | 287 |
| (reverse)/provision for allowances for credit losses | -185 | 7 | 0 | 686 |
| Deferred taxes | -9 | -29 | 0 | 0 |
| Other non-operating (income)/losses | 45 | 45 | 45 | 99 |
| Accounts receivable | -544 | -645 | 913 | -1,120 |
| Prepayment and deposit to suppliers | 458 | 471 | -478 | 1,029 |
| Other current assets | 0 | 4 | -4 | -1 |
| Deferred tax liabilities | - | - | -9 | -11 |
| Accounts payable | 125 | -38 | 96 | 16 |
| Advance from customers | -61 | -51 | -110 | 184 |
| Accrued payroll and other accruals | -333 | 298 | 0 | -403 |
| Other current liabilities | -68 | -61 | -15 | 11 |
| Taxes payable | 6 | 9 | 10 | 11 |
| Operating lease liabilities | -12 | -12 | -11 | -22 |
| Cash paid for acquisition of equity interests | - | 300 | - | - |
| Net cash used in operating activities | -292 | -148 | -482 | -299 |
| Deposit for other investing contracts | - | 300 | 0 | 0 |
| Net proceeds from disposal of long-term investments | - | 0 | 0 | 0 |
| Cash acquired during the period | - | 0 | 0 | 0 |
| Purchases of vehicles and office equipment, leasehold improvement | 0 | 0 | 0 | 65 |
| Cash effect of deconsolidation of subsidiaries | - | 0 | 0 | - |
| Investment and advances to ownership investee entities | - | 0 | 0 | 0 |
| Short-term loans to unrelated parties | - | - | 0 | - |
| Purchase of intellectual property | 0 | 0 | 0 | 600 |
| Repayment of short-term loans and interest income from unrelated parties | 51 | 0 | 0 | 1,121 |
| Net cash provided by/(used in) investing activities | 51 | -600 | 0 | 456 |
| Proceeds from pipe transactions, net of 45 of direct offering costs paid by cash | - | 1,233 | - | - |
| Capital contribution from noncontrolling interest | - | 0 | 0 | 0 |
| Advances from investors | 0 | -1,278 | 528 | 750 |
| Net cash provided by financing activities | 0 | -45 | 528 | 750 |
| Effect of exchange rate fluctuation on cash and cash equivalents | -9 | 2 | 9 | -13 |
| Net decrease in cash and cash equivalents | -250 | -791 | 55 | 894 |
| Cash and cash equivalents at beginning of the period | 970 | 1,761 | 812 | - |
| Cash and cash equivalents at end of the period | 720 | 970 | 1,761 | - |
ZW Data Action Technologies Inc. (CNET)
ZW Data Action Technologies Inc. (CNET)