| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -34,899,390 | -35,453,632 |
| Amortization expense | 430,756 | 197,908 |
| (gain) loss on digital assets - rewards treasury | 1,961,803 | 1,324,091 |
| (gain) loss on digital assets - investment treasury | 31,203,938 | 20,965,072 |
| Loss on customer rewards liability | -1,477,444 | -970,648 |
| Change in fair value of convertible note | 14,470,683 | 11,843,751 |
| Convertible note issuance costs and fees | 9,569,109 | 9,569,109 |
| Loss on extinguishment of debt | -9,612,199 | -9,612,199 |
| Amortization of debt issuance costs | 122,902 | 112,187 |
| Amortization of debt discount and premium | 768,225 | 953,404 |
| Change in fair value of safes | -6,503,113 | -6,503,113 |
| Share-based compensation expense | 8,470,932 | 6,895,480 |
| Accounts receivable, net | -161,515 | 246,105 |
| Inventories | 103,236 | 67,489 |
| Prepaid expenses and other current assets | -581,100 | 603,030 |
| Accounts payable | -104,846 | 195,286 |
| Accrued expenses and other current liabilities | 2,413,679 | 1,376,866 |
| Customer reward liability | 1,826,398 | 1,318,429 |
| Deferred revenue | -52,470 | -133,156 |
| Other non-current liabilities | 491,397 | 293,114 |
| Net cash used in operating activities | -11,426,231 | -8,951,081 |
| Purchases of digital assets | 3,138,623 | 2,374,030 |
| Proceeds from sales of digital assets | 0 | 0 |
| Payments for capitalized software development costs | 619,446 | 434,820 |
| Net cash used in investing activities | -3,758,069 | -2,808,850 |
| Proceeds from recapitalization | 804,600 | 804,624 |
| Payments of deferred ipo costs | 652,013 | 652,013 |
| Proceeds received from safe financings | 0 | 0 |
| Payment of debt issuance costs | 113,320 | 113,320 |
| Proceeds from issuance of common stock | 3,478,137 | - |
| Net cash provided by financing activities | 3,517,404 | 39,291 |
| Net (decrease) increase in cash and cash equivalents | -11,666,896 | -11,720,640 |
| Cash and cash equivalents at beginning of period | 18,330,359 | - |
| Cash and cash equivalents at end of period | 6,663,463 | - |
Fold Holdings, Inc. (FLDDW)
Fold Holdings, Inc. (FLDDW)