For the quarter ending 2026-03-31, CNTN had $24,499,392 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net loss | -47,343,197 | -35,916,250 |
| Unrealized loss from digital assets holdings | -15,013,304 | -22,010,362 |
| Deferred tax benefit | -4,220,240 | -6,187,113 |
| Writeoff of deferred offering costs | - | 92,168 |
| Stock based compensation | 32,259,757 | 2,877,856 |
| Stock issuance pursuant to services agreement | - | 8,253 |
| Prepaid expenses and other current assets | 1,199,792 | 308,055 |
| Accounts payable | -687,963 | 222,477 |
| Accrued expenses | -1,457,057 | 1,071,986 |
| Net cash used in operating activities | -7,635,188 | -16,128,316 |
| Purchase of digital assets | 54,822,298 | 77,572,567 |
| Net cash used in investing activities | -54,822,298 | -77,572,567 |
| Proceeds from issuance of common stock upon private investment in public equity offerings | - | 3,725,003 |
| Proceeds from issuance of common stock upon registered direct public equity offerings | 54,894,300 | 7,090,014 |
| Proceeds from issuance of common stock upon cash and cryptocurrency private investment in public equity offering | - | 99,368,636 |
| Proceeds from issuance of common stock upon at-the-market offerings | 35,526,308 | 5,489,238 |
| Proceeds from exercise of common stock warrants | 94,711 | 1,538,800 |
| Proceeds from exercise of options | - | 166,250 |
| Payment of deferred offering costs and other issuance costs | 3,558,441 | 9,981,802 |
| Proceeds from insurance premium financing liability | - | 285,178 |
| Repayment of insurance premium financing liability | - | 285,178 |
| Repayments of note payable | - | 221,869 |
| Net cash provided by financing activities | 86,956,878 | 107,174,270 |
| Net increase (decrease) in cash | 24,499,392 | 13,473,387 |
| Cash, beginning of period | 17,032,748 | 3,559,361 |
| Cash, end of period | 41,532,140 | 17,032,748 |
Canton Strategic Holdings, Inc. (CNTN)
Canton Strategic Holdings, Inc. (CNTN)