Fly-E Group, Inc. (FLYE)
Fly-E Group, Inc. (FLYE)
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash | 295,674 | NaN | NaN | |
| Prepayments and other receivables related parties-Related Party | NaN | NaN | 222,288 | |
| Cash | NaN | 2,538,076 | 2,334,288 | |
| Accounts receivable, net | 1,565,285 | 1,474,637 | 1,071,622 | |
| Accounts receivable, net a related party | 32,030 | 32,030 | NaN | |
| Inventories | 6,081,583 | 7,507,374 | NaN | |
| Inventory reserves | 1,004,511 | 959,087 | NaN | |
| Inventories, net | 5,077,072 | 6,548,287 | 5,943,790 | |
| Prepayments and other receivables | 10,926,104 | 5,923,496 | 6,250,792 | |
| Prepayments and other receivables related parties | 161,560 | 236,826 | NaN | |
| Accounts receivable, net a related party-Related Party | NaN | NaN | 37,465 | |
| Assets held for sale | 2,610,261 | NaN | 897,293 | |
| Total current assets | 20,667,986 | 16,753,352 | 16,757,538 | |
| Property and equipment, gross | 7,702,841 | 7,890,138 | NaN | |
| Less accumulated depreciation | 1,147,397 | 1,063,323 | NaN | |
| Less accumulated impairment loss | 558,063 | NaN | NaN | |
| Property and equipment, net | 5,997,381 | 6,826,815 | 7,126,245 | |
| Security deposits | 403,016 | 518,908 | 638,115 | |
| Long-term prepayment for software development a related party-Related Party | NaN | NaN | 0 | |
| Deferred tax assets, net | NaN | 152,212 | 153,087 | |
| Operating lease right-of-use assets | 4,629,716 | 6,891,886 | 8,584,684 | |
| Total intangible assets | 608,081 | 608,081 | NaN | |
| Less accumulated amortization | 149,845 | 121,500 | NaN | |
| Intangible assets, net | 458,236 | 486,581 | 498,550 | |
| Long-term prepayment for software development | 1,800,000 | NaN | NaN | |
| Total assets | 33,956,335 | 31,629,754 | 33,758,219 | |
| Accounts payable | 337,481 | 550,249 | 419,128 | |
| Short-term loan payables | 3,936,058 | 5,532,230 | 6,317,712 | |
| Current portion of long-term loan payables | 138,550 | 222,479 | 262,069 | |
| Accrued expenses and other payables | 241,322 | 484,236 | 977,120 | |
| Accrued expenses and other payables a related party | 225 | 225 | NaN | |
| Operating lease liabilities current | 1,454,771 | 1,819,911 | 2,106,614 | |
| Liabilities held for sale | 1,186,237 | NaN | 662,446 | |
| Total current liabilities | 7,294,644 | 8,609,330 | 10,745,089 | |
| Long-term loan payables | 1,978,770 | 2,004,123 | 2,092,257 | |
| Operating lease liabilities non-current | 3,690,922 | 5,718,256 | 7,217,325 | |
| Total liabilities | 12,964,336 | 16,331,709 | 20,054,671 | |
| Common stock, 0.01 par value, 300,000,000 shares authorized and 1,632,386 shares outstanding as of december 31, 2025 and 300,000,000 shares authorized and 245,875 shares outstanding as of march 31, 2025 | 16,324 | 16,324 | 106,366 | |
| Additional paid-in capital | 27,826,643 | 27,826,643 | 16,740,043 | |
| Shares subscription receivable | 219,998 | 7,816,556 | 219,998 | |
| Accumulated deficit | -6,603,723 | -4,680,283 | -2,904,158 | |
| Accumulated other comprehensive loss | -27,247 | -48,083 | -18,705 | |
| Total fly-e group, inc. stockholders equity | 20,991,999 | 15,298,045 | 13,703,548 | |
| Total liabilities and stockholders equity | 33,956,335 | 31,629,754 | 33,758,219 | |