For the quarter ending 2026-03-31, FLD had $3,874,268 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -29,167,906 | -34,691,072 | 554,242 | -35,453,632 |
| Amortization expense | 156,079 | 127,226 | 232,848 | 197,908 |
| (gain) loss on digital assets - rewards treasury | -1,689,455 | -2,356,074 | 637,712 | 1,324,091 |
| Loss on digital assets - investment treasury | -28,629,465 | -40,442,172 | 10,238,866 | 20,965,072 |
| Gain on customer rewards liability | 1,507,471 | 2,275,937 | -506,796 | -970,648 |
| Change in fair value of convertible note | -13,200,089 | -13,542,627 | 2,626,932 | 11,843,751 |
| Convertible note issuance costs and fees | 0 | 0 | 0 | 9,569,109 |
| Loss on extinguishment of debt | -4,005,132 | 0 | 0 | -9,612,199 |
| Amortization of debt issuance costs | 6,638 | 113,403 | 10,715 | 112,187 |
| Amortization of debt discount and premium | -114,731 | -287,868 | -185,179 | 953,404 |
| Change in fair value of safes | 0 | -694,055 | 0 | -6,503,113 |
| Share-based compensation expense | 1,696,766 | 1,498,180 | 1,575,452 | 6,895,480 |
| Other non-cash adjustments | 343,039 | - | - | - |
| Accounts receivable, net | -188,854 | 438,061 | -407,620 | 246,105 |
| Inventories | -17,344 | 111,996 | 35,747 | 67,489 |
| Prepaid expenses and other current assets | 11,187 | -75,723 | -1,184,130 | 603,030 |
| Accounts payable | 948,516 | -303,917 | -300,132 | 195,286 |
| Accrued expenses and other current liabilities | 816,814 | 1,350,970 | 1,036,813 | 1,376,866 |
| Customer reward liability | 344,298 | 558,672 | 507,969 | 1,318,429 |
| Deferred revenue | -57,625 | -456,744 | 80,686 | -133,156 |
| Other non-current liabilities | -689,680 | 198,283 | 198,283 | 293,114 |
| Net cash used in operating activities | -6,592,367 | -4,693,464 | -2,475,150 | -8,951,081 |
| Purchases of digital assets | 716,500 | 4,876,646 | 764,593 | 2,374,030 |
| Proceeds from sales of digital assets | 14,376,468 | 0 | 0 | 0 |
| Payments for capitalized software development costs | 467,031 | 332,223 | 184,626 | 434,820 |
| Net cash provided by (used in) investing activities | 13,192,937 | -5,208,869 | -949,219 | -2,808,850 |
| Payment of debt issuance costs | - | 0 | 0 | 113,320 |
| Proceeds from issuance of note | 13,000,000 | - | - | - |
| Proceeds received from safe financings | - | 0 | 0 | 0 |
| Proceeds from issuance of convertible note and warrants, net | - | 0 | - | - |
| Repayment of convertible note | 25,166,667 | - | - | - |
| Proceeds from recapitalization | 0 | 0 | -24 | 804,624 |
| Payments of deferred ipo costs | 0 | 0 | 0 | 652,013 |
| Proceeds from issuance of common stock | 389,665 | 891,073 | 3,478,137 | - |
| Proceeds from credit facility | 10,000,000 | 10,000,000 | - | - |
| Common stock withheld for employee tax obligations | 949,300 | - | - | - |
| Net cash provided by (used in) financing activities | -2,726,302 | 10,891,073 | 3,478,113 | 39,291 |
| Net increase (decrease) in cash and cash equivalents | 3,874,268 | 988,740 | 53,744 | -11,720,640 |
| Cash and cash equivalents, beginning of period | 7,652,203 | 6,663,463 | 18,330,359 | - |
| Cash and cash equivalents, end of period | 11,526,471 | 7,652,203 | 6,663,463 | - |
Fold Holdings, Inc. (FLD)
Fold Holdings, Inc. (FLD)