ETS: the cash flow

MyFinsight

For the quarter ending 2026-02-28, ETS had -$1,240,464 decrease in cash & cash equivalents over the period. -$1,255,057 in free cash flow.

Cash Flow	2026-02-28	2025-11-30	2025-08-31
Net loss	-110,104	-1,687,503	-498,484
Amortization of intangible assets	13,800	13,800	41,400
Depreciation of plant and equipment	2,728	51,838	147,268
Accrued interest income	199,830	179,309	-
Deferred tax benefit	-	-106,698	-
Deferred tax provision (benefit)	-	-	-64,152
Accrued current income tax expense	-1,600	-1,600	-
(decrease) increase in accounts receivable	11,829	17,142	-1,045
Decrease in prepaid d&o insurance	-35,549	-35,550	137,993
Increase in prepaid expenses and other current assets	770,211	656,118	-50,495
(decrease) increase in accounts payable	17,707	1,763	-1,845
(decrease) increase in other payables and other current liabilities	-228,049	298,490	-177,944
Net cash used in operating activities	-1,248,639	-2,179,576	-640,210
Purchase of plant and equipment	6,418	6,417	79,908
Loans made to non-related companies	-	9,999,811	-
Repayments from loans to non-related companies	50,000	-	-
Net cash provided by investing activities	43,582	-10,006,228	-79,908
Capital contributions from stockholders	-	0	630,000
Payment of deferred offering costs	-	0	346,078
Repayment of borrowings from related parties	-	24,038	5,000
Net proceeds from initial public offering	-	0	13,717,940
Borrowing from premium finance	-	0	142,197
Repayment to premium finance	35,407	34,766	35,961
Net cash provided by (used in) financing activities	-35,407	-58,804	14,103,098
Net decrease in cash	-1,240,464	-12,244,608	13,382,980
Cash, beginning of period	1,308,529	13,553,137	170,157
Cash, end of period	68,065	1,308,529	13,553,137

Unit: Dollar. Numbers labeled with * are estimated quarterly values.