For the quarter ending 2025-09-30, FLYE has $31,629,754 in assets. $16,331,709 in debts. $2,538,076 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Assets held for sale | - | 897,293 | ||
| Prepayments and other receivables related parties-Related Party | - | 222,288 | ||
| Cash | 2,538,076 | 2,334,288 | ||
| Accounts receivable, net | 1,474,637 | 1,071,622 | ||
| Accounts receivable, net a related party | 32,030 | - | ||
| Inventories | 7,507,374 | - | ||
| Inventory reserves | 959,087 | - | ||
| Inventories, net | 6,548,287 | 5,943,790 | ||
| Prepayments and other receivables | 5,923,496 | 6,250,792 | ||
| Accounts receivable, net a related party-Related Party | - | 37,465 | ||
| Prepayments and other receivables related parties | 236,826 | - | ||
| Total current assets | 16,753,352 | 16,757,538 | ||
| Property and equipment, gross | 7,890,138 | - | ||
| Less accumulated depreciation | 1,063,323 | - | ||
| Property and equipment, net | 6,826,815 | 7,126,245 | ||
| Security deposits | 518,908 | 638,115 | ||
| Long-term prepayment for software development a related party-Related Party | - | 0 | ||
| Deferred tax assets, net | 152,212 | 153,087 | ||
| Operating lease right-of-use assets | 6,891,886 | 8,584,684 | ||
| Total intangible assets | 608,081 | - | ||
| Less accumulated amortization | 121,500 | - | ||
| Intangible assets, net | 486,581 | 498,550 | ||
| Total assets | 31,629,754 | 33,758,219 | ||
| Liabilities held for sale | - | 662,446 | ||
| Accounts payable | 550,249 | 419,128 | ||
| Short-term loan payables | 5,532,230 | 6,317,712 | ||
| Current portion of long-term loan payables | 222,479 | 262,069 | ||
| Accrued expenses and other payables | 484,236 | 977,120 | ||
| Accrued expenses and other payables related parties | 225 | - | ||
| Operating lease liabilities current | 1,819,911 | 2,106,614 | ||
| Total current liabilities | 8,609,330 | 10,745,089 | ||
| Long-term loan payables | 2,004,123 | 2,092,257 | ||
| Operating lease liabilities non-current | 5,718,256 | 7,217,325 | ||
| Total liabilities | 16,331,709 | 20,054,671 | ||
| Common stock, 0.01 par value, 300,000,000 shares authorized and 1,632,351 shares outstanding as of september 30, 2025 and 300,000,000 shares authorized and 245,875 shares outstanding as of march 31, 2025 | 16,324 | 106,366 | ||
| Additional paid-in capital | 27,826,643 | 16,740,043 | ||
| Shares subscription receivable | 7,816,556 | 219,998 | ||
| Accumulated deficit | -4,680,283 | -2,904,158 | ||
| Accumulated other comprehensive loss | -48,083 | -18,705 | ||
| Total fly-e group, inc. stockholders equity | 15,298,045 | 13,703,548 | ||
| Total liabilities and stockholders equity | 31,629,754 | 33,758,219 | ||
Fly-E Group, Inc. (FLYE)
Fly-E Group, Inc. (FLYE)