For the year ending 2025-12-31, ELAB had $1,417,880 increase in cash & cash equivalents over the period. -$6,376,136 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -7,747,813 |
| Bad debt expense | 55,380 |
| Depreciation and amortization | 96,663 |
| Finance cost on eloc | 289,498 |
| Share-based compensation | -19,160 |
| Straight-line rent expense | 22,848 |
| Change in fair value of derivative liabilities | -214,167 |
| Non-cash interest expense | 253,922 |
| R&d costs for intangible assets | 14,358 |
| Gain on termination of intangible asset | 129,613 |
| Loss on sale of skincare | -39,676 |
| Loss on disposal of pp&e | -32,432 |
| Gain on extinguishment of related-party debt | 31,261 |
| Realized loss on sale of investments | -113,917 |
| Unrealized loss on investments | -216,043 |
| Impairment on prepaid expense | 500,000 |
| Deferred tax expense | 30,972 |
| Receivables | 100,594 |
| Prepaid expenses and deposits | -1,311 |
| Inventory | -147,868 |
| Accounts payable and accrued liabilities | 957,759 |
| Customer deposits | -20,496 |
| Due to related parties | -397,728 |
| Cash flows used in operating activities | -5,933,881 |
| Purchase of equipment | 442,255 |
| Purchase of intangible assets | 6,000 |
| Purchase of investments | 1,789,044 |
| Proceeds from sale of investments | 1,762,201 |
| Issuance of promissory note | 127,300 |
| Net cash paid in business combinations | 2,162,756 |
| Cash flows used in investing activities1 | -2,765,154 |
| Exercise of series a warrants, net | 1,698,058 |
| Proceeds from the registered direct offering, net | 1,245,306 |
| Repurchase of shares and warrants | 179 |
| Issuance of common stock under atm agreement, net | 1,672,103 |
| Exercise of replacement warrants, net | 1,511,443 |
| Proceeds from the initial pre-paid purchase of eloc, net | 3,990,007 |
| Cash flows provided by financing activities | 10,116,738 |
| Effect of exchange rate changes on cash | 177 |
| Increase in cash | 1,417,880 |
| Cash, beginning of year | 3,984,453 |
| Cash, ending of year | 5,402,333 |
PMGC Holdings Inc. (ELAB)
PMGC Holdings Inc. (ELAB)