For the year ending 2025-12-31, ITXP had $1,508,760 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -68,888,442 |
| Amortization of right-of-use operating lease asset | -564,045 |
| Deferred tax expense | 17,941,976 |
| Accrued interest receivable | 1,068,577 |
| Prepaid expenses and other current assets | 53,180 |
| Issuance of long-term note receivable | 86,600,000 |
| Accounts payable | 316,488 |
| Payables to related parties | 268,175 |
| Operating lease obligation-related party | -564,045 |
| Accrued and other liabilities | 30,591 |
| Net cash used by operating activities | -337,267 |
| Purchases of patents | 30,740 |
| Net cash used by investing activities | -30,740 |
| Contributions | 5,005,000 |
| Distributions paid | 3,150,000 |
| Reverse merger acquisition | 21,767 |
| Net cash provided by financing activities | 1,876,767 |
| Net increase in cash and cash equivalents | 1,508,760 |
| Cash and cash equivalents, beginning of year | 67,607 |
| Cash and cash equivalents, end of year | 1,576,367 |
Independence Power Holdings, Inc. (ITXP)
Independence Power Holdings, Inc. (ITXP)