For the quarter ending 2025-09-30, ECDAW had -$447,624 decrease in cash & cash equivalents over the period. -$1,699,491 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2024-12-31 |
|---|---|---|---|
| Depreciation and amortization expense | - | 51,121 | 126,791 |
| Net income (loss) attributable to parent | 2,232,855 | -7,020,611 | -10,771,451 |
| Depreciation and amortization expense | 76,977 | - | - |
| Change in fair value of conversion option liabilities | - | 360,989 | - |
| Gain on fv conversion of debt to preferred stock | 10,912,936 | - | - |
| Change in fair value of warrant liabilities | 27,636 | -519,327 | - |
| Gain on forgiveness of payable | - | - | 319,900 |
| Change in fair value of conversion option liabilities | 362,192 | - | - |
| Change in fair value of derivatives | - | - | 638,212 |
| Gain on forgiveness of payable | 0 | - | - |
| Noncash lease expense | 442,867 | - | 358,312 |
| Income tax (benefit) expense | 0 | -400,000 | - |
| Amortization of debt discount | 1,884,966 | 1,123,162 | 1,928,576 |
| Share-based compensation | 369,375 | 1,948,094 | 331,959 |
| Provision for credit losses | 42,536 | - | 31,484 |
| Paid in kind interest | 1,305,680 | 2,007,292 | - |
| Inventory write off | 0 | 353,377 | - |
| Accounts receivable | 254,233 | 590,840 | 76,506 |
| Deposit | - | 0 | - |
| Inventories | -4,129,358 | -2,909,877 | 1,220,602 |
| Prepaid and other current assets | 655,285 | -28,723 | 205,858 |
| Deposit | 0 | - | -17,486 |
| Deferred tax asset | 0 | - | -838,055 |
| Deferred revenue | - | -2,833,155 | -4,388,036 |
| Accounts payable | 2,111,216 | -528,485 | 1,509,157 |
| Accrued expenses | -369,645 | 58,220 | 1,449,977 |
| Deferred revenue | -4,909,168 | - | - |
| Provision for credit losses | - | 29,508 | - |
| Deferred tax asset | - | 0 | - |
| Other payables | -65,147 | - | - |
| Noncash lease expense | - | 186,909 | - |
| Other payables | - | -78,897 | -335,641 |
| Deferred tax liability | 0 | 0 | - |
| Gain on fv conversion of debt to preferred stock | - | 433,881 | - |
| Lease liability | -233,735 | -173,105 | -314,903 |
| Net cash used in operating activities | -1,699,491 | -4,243,007 | -9,763,088 |
| Disposal of asset | 0 | - | 6,718 |
| Purchase of assets | 0 | 0 | 23,764 |
| Net cash used in investing activities | 0 | 0 | -17,046 |
| Repayment of floor plan payable-Floor Plan Financing | 1,685,836 | - | - |
| Proceeds from floor loan | - | - | 2,887,000 |
| Proceeds from floor plan payable-Floor Plan Financing | 557,458 | - | - |
| Proceeds from convertible note | 823,960 | 2,548,060 | 1,154,681 |
| Proceeds from notes payable | 0 | 3,399,300 | - |
| Debt issuance costs | 98,960 | 346,267 | 382,212 |
| Repayment of notes payable | 0 | 1,514,286 | 1,675,000 |
| Repayment of floor plan payable | - | 1,271,138 | - |
| Proceeds from sale of series c convertible preferred stock | 939,900 | - | - |
| Issuance of preferred and common shares, net of issuance costs | - | - | 1,145,000 |
| Proceeds from floor plan payable | - | 557,458 | - |
| Issuance of common stock | 0 | - | - |
| Net cash provided by financing activities | 1,250,202 | 3,373,127 | 3,129,469 |
| Effect of translation changes on cash | 0 | -1,665 | -6,696 |
| Net (decrease) increase in cash and cash equivalents | -447,624 | -871,545 | -6,657,361 |
| Cash and cash equivalents at beginning of period | 1,476,850 | - | - |
| Cash and cash equivalents at end of period | 157,681 | - | - |
ECD Automotive Design, Inc. (ECDAW)
ECD Automotive Design, Inc. (ECDAW)