foxxw: the cashflow

MyFinsight

For the year ending 2025-06-30.

Unit: Dollar

Cash Flow	2025-06-30
Net loss	-9,020,136
Depreciation	47,732
Interest expense from convertible promissory notes	140,740
Amortization of operating right of use assets	214,313
Provision for credit losses	913,190
Stock-based compensation expenses	815,678
Change in fair value of earnout liabilities	-5,688,007
Loss on sale of equipment	-3,400
Accounts receivable	7,130,805
Inventories	10,918,667
Contract assets	-1,227,448
Prepaid expenses and other current assets	2,028,619
Amount due from related parties	7,860
Security deposits	-1,125,107
Accounts payable	24,848,127
Contract liabilities	-649,072
Taxes payable	-226,262
Other payables and accrued liabilities	2,350,223
Other payable - related parties	-150,830
Operating lease liabilities	-175,607
Net cash used in operating activities	-6,560,121
Purchases of property and equipment	68,336
Proceeds from sale of equipment	28,100
Net cash used in investing activities	-40,236
Repayments to short-term loans	291,208
Principal payments of long-term loan	17,820
Proceeds from convertible promissory note	9,000,000
Proceeds from reverse recapitalization, net of payments of transaction costs	19,710,288
Proceeds from issuance of common stock through exercise of warrants	120,750
Payment of redemption payable	20,499,790
Payments of deferred transaction costs	131,400
Net cash provided by financing activities	7,890,820
Effect of exchange rate changes	-2,458
Net change in cash	1,288,005
Cash and cash equivalents at beginning of period	587,448
Cash and cash equivalents at end of period	1,875,453

Unit: Dollar

foxxw: the cashflow