EMMA: the cash flow

MyFinsight

For the year ending 2025-12-31, EMMA had $738K increase in cash & cash equivalents over the period. -$12K in free cash flow.

Cash Flow	2025-12-31
Net loss	-7,492
Depreciation and amortization	39
Inventory reserve	-111
Amortization of discount of notes payable and convertible notes payable	560
Foreign exchange adjustments	38
Realized loss on investment in convertible bond	-531
Loss on debt extinguishment	-1,363
(gain) loss on leased assets	861
Share-based compensation	25
Change in fair value of warrant derivative liabilities	-5
Change in fair value of conversion feature derivative, notes payable	162
Accounts receivable	182
Inventories	21
Prepaid expenses and other current assets	140
Other non-current assets	-323
Accounts payable and accrued expenses	6,456
Other liabilities	-184
Operating lease liabilities	-344
Net cash flows used in operating activities	-11
Proceeds from sale of convertible bond	2,172
Purchases of property and equipment	1
Net cash flows provided by investing activities	2,171
Proceeds from notes payable issued	7,908
Payments of notes payable	8,883
Payments of notes payable, related party	240
Payments of convertible notes	210
Net cash flows used in financing activities	-1,425
Effect of exchange rate changes on cash	3
Net increase (decrease) in cash and cash equivalents	738
Cash and cash equivalents, beginning of year	1,389
Cash and cash equivalents, end of year	2,127

Unit: Thousand (K) dollars (except for numbers of shares and EPS).