For the quarter ending 2025-06-30, FRGT had $383,515 increase in cash & cash equivalents over the period. -$5,039,217 in free cash flow.
| Cash Flow | 2025-06-30 |
|---|---|
| Share-based compensation | 450,167 |
| Non-cash interest | 18,003 |
| Net income (loss) | -952,808 |
| Prepaid expense and other assets | -124,526 |
| Accrued expenses | -261,143 |
| Income tax payable | -80,049 |
| Accounts receivable | 1,761,635 |
| Accounts payable | -160,057 |
| Depreciation and amortization | 210,789 |
| Change in fair value of cryptocurrency | 2,427,754 |
| Loss on the sale cryptocurrencies | 80,057 |
| Unbilled receivables | 279,313 |
| Change in convertible note fair value | 0 |
| Net cash used in operating activities | -5,039,217 |
| Capitalization of software development costs | 156,118 |
| Purchase of property and equipment | 0 |
| Purchase of cryptocurrencies | 2,748,777 |
| Sale of cryptocurrencies | 1,920,064 |
| Net cash used in investing activities | -984,831 |
| Repayment of short-term borrowings | 6,103,131 |
| Proceeds from short-term borrowings | 7,611,183 |
| Proceeds from notes payable, net of discounts | 2,000,000 |
| Net proceeds from the issuance of ordinary shares | 0 |
| Repayment of insurance financing payable | -70,489 |
| Proceeds from the issuance of series a4 shares | 2,970,000 |
| Net cash provided by financing activities | 6,407,563 |
| Net increase (decrease) in cash and cash equivalents | 383,515 |
Freight Technologies, Inc. (FRGT)
Freight Technologies, Inc. (FRGT)