For the quarter ending 2025-09-30, HSDTW had $117,973K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -352,770 | -13,671 |
| Amortization of debt discount and imputed interest expense | 0 | 680 |
| Financing costs | 195,185 | - |
| Loss on derivative liability | -545,733 | - |
| Foreign exchange (gain) loss | - | 623 |
| Depreciation expense | - | 17 |
| Warrant-related offering costs expensed | - | 448 |
| Staking rewards | 342 | - |
| Change in fair value of derivative liability | 423,313 | -5,919 |
| Net change in fair value of digital assets | -30,540 | - |
| Other receivables | - | -484 |
| Stock-based compensation expense | 473 | 1,031 |
| Non-cash operating lease expense | - | 11 |
| Operating lease liabilities | - | -12 |
| Other | 351 | - |
| Provision for (reversal of) inventory reserve | - | 5 |
| Inventory | -14 | 111 |
| Accounts receivable | - | -59 |
| Prepaid expense and other current assets | -642 | -169 |
| Deferred revenue | - | -20 |
| Accounts payable | 465 | 91 |
| Accrued and other current liabilities | 130 | -770 |
| Other liabilities | -81 | - |
| Net cash used in operating activities | -4,044 | -6,293 |
| Digital assets purchased | 267,383 | - |
| Net cash used in investing activities | -267,383 | - |
| Proceeds from issuance of common stock and common stock warrants in public offering | 23,283 | - |
| Proceeds from issuance of warrants | - | 3,692 |
| Proceeds from issuance of warrants and common stock warrants in private placement | 390,039 | - |
| Proceeds from issuance of common stock | - | 5,749 |
| Proceeds from exercise of warrants | -310 | 3,734 |
| Share issuance costs | 14,172 | 1,212 |
| Proceeds from issuance of notes payable | 0 | 880 |
| Repayment of notes payable | 0 | 1,560 |
| Net cash provided by financing activities | 389,399 | 11,283 |
| Effect of currency exchange rate changes on cash and cash equivalents | 1 | - |
| Net increase in cash and cash equivalents | 117,973 | 4,990 |
| Cash and cash equivalents at beginning of period | 1,088 | - |
| Cash and cash equivalents at end of period | 124,051 | - |
Solana Co (HSDTW)
Solana Co (HSDTW)