For the quarter ending 2025-12-31, ISPR had -$5,093,784 decrease in cash & cash equivalents over the period. -$4,036,160 in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | -6,602,911 | -3,258,863 | -39,240,226 |
| Depreciation and amortization | 227,832 | 253,410 | 812,483 |
| Credit loss expenses | 4,209,201 | 1,764,252 | 22,034,812 |
| Right-of-use assets amortization | 384,396 | 307,740 | 1,460,104 |
| Stock-based compensation expenses | 821,841 | 938,148 | 5,616,282 |
| Inventory impairment | 1,113,981 | 423,457 | 754,976 |
| Loss from equity method investment | -187,054 | -199,279 | -732,502 |
| Right-of-use assets impairment | - | - | 151,516 |
| Debt issuance cost amortization | 32,313 | 32,312 | 38,478 |
| Accounts receivable | -2,435,242 | -744,255 | 9,331,350 |
| Inventories | -10,723 | -62,395 | 1,037,552 |
| Prepaid expenses and other current assets | 1,478,342 | -509,535 | 547,085 |
| Accounts payable and accounts payable related party | -6,514,178 | -496,695 | 10,766,537 |
| Contract liabilities | 2,008,836 | -1,898,951 | 2,643,084 |
| Accrued liabilities and other payables | -201,093 | -576,181 | -555,383 |
| Operating lease liabilities | -332,413 | -469,556 | -1,358,074 |
| Income tax payable | -269,266 | 281,856 | -315,189 |
| Net cash (used in)/provided by operating activities | -3,966,784 | -1,183,607 | -7,374,085 |
| Purchase of property, plant and equipment | 69,376 | 7,502 | 1,100,704 |
| Capitalized costs for patents | 160,308 | 132,534 | 939,075 |
| Repayment of acquisition payable | - | - | 3,158,826 |
| Investment in joint venture | 533,311 | - | - |
| Net cash used in investing activities | -762,995 | -140,036 | -5,198,605 |
| Common stock repurchase | 45,001 | - | 60,488 |
| Proceeds from borrowing | - | - | 2,080,863 |
| Repayment of borrowing | 319,004 | 319,004 | 167,214 |
| Net cash used in financing activities | -364,005 | -319,004 | 1,853,161 |
| Net decrease in cash | -5,093,784 | -1,642,647 | -10,719,529 |
| Cash and cash equivalents at beginning of period | 22,709,118 | 24,351,765 | - |
| Cash and cash equivalents at end of period | 17,615,334 | 22,709,118 | - |
Ispire Technology Inc. (ISPR)
Ispire Technology Inc. (ISPR)