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Net proceeds fromissuance of common stock$17,369,558 Proceeds from borrowings$1,959,846 Net cash provided byfinancing activities$15,685,480 Canceled cashflow$3,643,924 Net changes in cashincluding cash classified...-$650,226 Canceled cashflow$15,685,480 Inventories-$1,940,751 Amortization of operatinglease right-of-use...$1,932,762 Depreciation expense$719,383 Prepayments and otherreceivables-$628,903 Impairment loss on propertyand equipment$558,063 Inventories reserve$478,019 Expected credit losses onaccounts receivable$176,379 Prepayments for operationservices to a related...-$120,000 Taxes payable$118,417 Amortization expense$110,149 Security deposits$66,550 Loss on disposal ofproperty and equipment-$13,058 Accounts receivable arelated party-$5,435 Accrued expenses andother payables a...$225 Proceeds from disposal ofproperties and equipment$13,133 Repayments of borrowings$3,127,434 Payments of offering cost$516,490 Net cash used inoperating activities-$13,849,914 Canceled cashflow$6,868,094 Net cash used ininvesting activities-$2,485,792 Canceled cashflow$13,133 Net loss-$9,257,808 Accounts receivable$6,843,808 Operating leaseliabilities-$1,674,854 Gain on sales andliquidations of subsidiaries$1,587,439 Accounts payable-$839,117 Accrued expenses andother payables-$472,870 Deferred income taxesbenefits-$42,112 Prepayment for purchasingsoftware$1,800,000 Cash released fromdisposal of entities$447,279 Advance to a relatedparty$161,560 Purchases of propertiesand equipment$74,609 Payments of propertyrights$15,477
Cash Flow

Fly-E Group, Inc. (FLYE)

Fly-E Group, Inc. (FLYE)

source: myfinsight.com