ConnectM Technology Solutions, Inc. (CNTM)
ConnectM Technology Solutions, Inc. (CNTM)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -6,669,745 | -4,681,183 | -993,042 | -3,406,108 |
| Provision for expected credit loss | NaN | NaN | 777,252 | NaN |
| Depreciation and amortization expense | 213,009 | 174,637 | 351,232 | 207,802 |
| Amortization of debt discount | 235,548 | 310,503 | 28,594 | 27,292 |
| Stock-based compensation expense | 220,757 | 923,342 | 31,815 | 505,133 |
| Rou amortization on finance leases | 23,211 | 15,662 | 15,663 | 19,475 |
| Rou amortization on operating leases | 14,955 | 31,771 | 17,009 | 24,738 |
| Other income and expense | NaN | NaN | -905,794 | NaN |
| (gain) loss on extinguishment of debt | NaN | NaN | -1,714,405 | NaN |
| Change in fair value of convertible debt | NaN | NaN | -1,063,621 | -510,577 |
| Gain on settlement of accounts payable | NaN | NaN | 194,524 | NaN |
| Change in fair value of forward purchase agreement | NaN | 0 | 0 | 0 |
| Loss on reposessed vehicle | NaN | 15,764 | 0 | 12,706 |
| Provision for credit losses | 121,456 | 1,340,462 | NaN | NaN |
| Bargain purchase gain | NaN | -365,623 | 2,486,702 | NaN |
| Loss on impairment of intangible assets and goodwill | NaN | 548,492 | NaN | NaN |
| Loss on extinguishment of debt | NaN | NaN | NaN | 1,389,769 |
| Loss on termination of lease | NaN | -6,290 | 6,290 | 0 |
| Investment write off | NaN | 45,000 | NaN | NaN |
| Gain on disposal of property and equipment | NaN | -95,731 | 0 | 23,500 |
| Loss on issuance of financial instruments | 36,500 | 45,250 | NaN | NaN |
| Loss on extinguishment of debt and vendor payable | NaN | 3,010,366 | NaN | NaN |
| Gain on extinguishment of debt and vendor payable | NaN | 2,763,363 | NaN | NaN |
| Change in fair value of convertible debt | -104,238 | -2,146,284 | NaN | NaN |
| Loss on disposal of businesses | -2,908,964 | NaN | NaN | NaN |
| Income from sale of property and equipment | NaN | 23,500 | NaN | NaN |
| Equity in earnings from sun solar | 281,523 | NaN | NaN | NaN |
| Change in fair value of derivative liabilities | -58,288 | 161,230 | 17,821 | -510,661 |
| Bargain purchase gain | NaN | NaN | NaN | 2,486,702 |
| Loss on modification of forward purchase agreement | NaN | -111,355 | NaN | NaN |
| Change in fair value of 3(10) settlement agreement (note 9) | 53,000 | 1,488,520 | -148,725 | -12,218 |
| Accounts receivable | 50,678 | -852,462 | 842,081 | 601,369 |
| Contract asset | -158,569 | -146,279 | 265,666 | 17,397 |
| Inventory | -20,747 | 167,623 | -404,526 | 96,741 |
| Prepaid expenses and other current assets | 935,401 | 67,995 | 865,702 | -213,242 |
| Accounts payable | -73,190 | -68,154 | -58,028 | 925,346 |
| Accrued expenses | 163,551 | -1,121,923 | -140,197 | -638,632 |
| Operating lease liabilities | -15,170 | -23,672 | -16,026 | -26,391 |
| Working capital advances | NaN | NaN | 19,998 | -94,786 |
| Contingent liability | NaN | 966,618 | NaN | NaN |
| Contract liabilities | 882,078 | -1,458,339 | -128,171 | 1,370,582 |
| Net cash used in operating activities | -2,810,836 | -3,095,693 | -2,492,052 | -1,378,671 |
| Purchase of property and equipment | -4,303 | NaN | 3,037 | 2,421 |
| Proceeds from the sale of property and equipment | NaN | 7,046 | 0 | 23,500 |
| Cash acquired-Global Impex Llc | NaN | 1,796 | NaN | NaN |
| Cash received (paid) for noncontrolling interest | NaN | NaN | 0 | 559,115 |
| Cash acquired-Cambridge Energy Resources Ltd | NaN | 559,115 | NaN | NaN |
| Proceeds from disposal of geg | 31,717 | NaN | NaN | NaN |
| Cash paid for capitalized software development costs | 89,000 | -303,180 | 173,856 | 141,700 |
| Net cash used in investing activities | -58,438 | 320,324 | -176,893 | 438,494 |
| Proceeds from the issuance of debt | 1,324,920 | 2,700,150 | 0 | 735,000 |
| Proceeds from the issuance of convertible notes | NaN | 3,306,250 | 1,900,000 | 1,026,000 |
| Proceeds from stock subscription agreement | NaN | 0 | 0 | 805,000 |
| Proceeds from the issuance of convertible notes | 1,611,000 | NaN | NaN | NaN |
| Repayments of debt | 606,335 | 1,255,879 | 143,340 | 797,906 |
| Repayments on convertible notes | 502,433 | 562,500 | 0 | 75,000 |
| Proceeds from factoring receivable arrangements | 1,547,072 | 128,061 | 607,586 | NaN |
| Repayments of factoring receivable arrangements | 502,557 | 735,647 | NaN | NaN |
| Payments of deferred consideration | 387,406 | 675,729 | NaN | NaN |
| Proceeds from premium financing obligations | NaN | 548,539 | -75,140 | -147,524 |
| Repayment of premium financing obligations | NaN | 326,040 | NaN | NaN |
| Advance from lender | NaN | 250,000 | NaN | NaN |
| Proceeds from forward purchase agreement | NaN | 0 | 0 | 500,000 |
| Payment on finance leases | 30,476 | 30,057 | 13,391 | 19,174 |
| Net cash provided by financing activities | 2,453,785 | 3,347,148 | 2,275,715 | 2,026,396 |
| Effect of exchange rate changes on cash and cash equivalents | -17,159 | 119,432 | -51,595 | -46,219 |
| Net decrease in cash and cash equivalents | -432,648 | 691,211 | -444,825 | 1,040,000 |
| Cash and cash equivalents, beginning of the period | 2,904,430 | 2,213,219 | 2,407,843 | NaN |
| Cash and cash equivalents, end of the period | 2,471,782 | 2,904,430 | 2,213,219 | NaN |