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Net proceeds fromissuance of common stock$7,596,558 Net cash provided byfinancing activities$5,891,104 Canceled cashflow$1,705,454 Net changes in cashincluding cash classified...-$2,200,629 Canceled cashflow$5,891,104 Amortization of operatinglease right-of-use...$1,394,611 Impairment loss on propertyand equipment$558,063 Depreciation expense$165,341 Inventories-$153,288 Expected credit losses onaccounts receivable$77,393 Prepayments for operationservices to a related...-$75,000 Inventories impairment loss$60,496 Amortization expense$28,345 Deferred income taxesbenefits$139 Advance to a relatedparty-$266 Repayments of borrowings$1,705,454 Net cash used inoperating activities-$6,263,511 Canceled cashflow$2,512,676 Net cash used ininvesting activities-$1,828,222 Canceled cashflow$266 Prepayments and otherreceivables$5,005,794 Net loss-$1,923,440 Operating leaseliabilities-$1,388,004 Accounts payable-$212,768 Accounts receivable$181,717 Accrued expenses andother payables-$55,311 Security deposits-$6,852 Taxes payable-$2,301 Prepayment for purchasingsoftware$1,800,000 Purchases of propertiesand equipment$25,185 Cash released fromdisposal of entities$3,303
Cash Flow

Fly-E Group, Inc. (FLYE)

Fly-E Group, Inc. (FLYE)

source: myfinsight.com