For the year ending 2025-12-31, GRDX had $714,792 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -6,553,578 |
| Depreciation and amortization | 574,713 |
| Debt amortization | 366,255 |
| Change in right-of-use assets | 17,994 |
| Loss on termination of lease | -108,759 |
| Stock-based compensation | 733,950 |
| Gain from imgx rescission | -606,685 |
| Trade receivable | -7,295 |
| Other receivables | 1,200,621 |
| Prepaid expenses and other current assets | -45,473 |
| Lease liabilities | -4,925 |
| Deposits | -98,251 |
| Accounts payable | 464,200 |
| Accrued expenses | -93,127 |
| Deferred tax liability | -418,635 |
| Other liabilities | 757,857 |
| Net cash used in operating activities | -5,702,824 |
| Cash acquired in acquisition of grid ai | 323,482 |
| Net cash provided by investing activities | 323,482 |
| Proceeds from issuance of common stock, pre-funded warrants and warrants, net of offering costs | 3,025,000 |
| Proceeds from subscription receivable | 447,935 |
| Proceeds from promissory notes | 2,300,000 |
| Proceeds from warrants exercise | 166,448 |
| Payments of acquisition consideration | 750,000 |
| Proceeds from revolving credit borrowing | 700,000 |
| Net cash provided by financing activities | 5,889,383 |
| Effect of exchange rate changes on cash | 204,751 |
| (decrease) increase in cash and cash equivalents | 714,792 |
| Cash, cash equivalents and restricted cash, beginning balance | 184,992 |
| Cash, cash equivalents and restricted cash, ending balance | 899,784 |
GridAI Technologies Corp. (GRDX)
GridAI Technologies Corp. (GRDX)