For the quarter ending 2026-03-31, LITS had -$1,214K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -23,694 | -30,799 | -3,639 | -15,945 |
| Change in fair value of digital assets | 18,845 | 26,516 | 631 | - |
| Change in fair value of digital assets receivable, net | 2,330 | 1,533 | - | - |
| Share-based compensation | 270 | 234 | 284 | -144 |
| Gain on derivative liabilities | 192 | 541 | - | - |
| Impairment of long-lived assets | - | - | - | 0 |
| Noncash asset management and advisory expense | 676 | 832 | 331 | - |
| Noncash lease expense | 0 | 0 | 0 | 214 |
| Depreciation expense | 0 | 0 | 0 | 368 |
| Loss on disposal of property and equipment | 0 | 0 | 0 | -14 |
| Unbilled receivables | - | - | - | 0 |
| Gain on disposition of nonfinancial asset | 0 | 0 | - | 500 |
| Prepaid expenses and other current assets | -334 | -486 | 1,305 | -2,150 |
| Other assets | - | - | 515 | - |
| Other long-term assets | -27 | 705 | - | - |
| Accounts payable | -74 | -167 | 318 | -2,992 |
| Accrued liabilities | -42 | 167 | -613 | -4,009 |
| Deferred revenue | - | - | - | 0 |
| Operating lease liability | - | - | - | 0 |
| Net cash used in operating activities | -1,520 | -1,929 | -4,508 | -20,844 |
| Purchases of digital assets | 0 | 0 | 100,000 | - |
| Proceeds from sale of digital assets | 1,925 | - | - | - |
| Purchases of short-term investments | - | - | - | 0 |
| Net proceeds from written covered call options | 173 | 569 | - | - |
| Proceeds from maturity of short-term investments | 0 | 0 | 0 | 34,640 |
| Proceeds from sale of property and equipment | 0 | 0 | 0 | 10 |
| Proceeds from the disposition of a nonfinancial asset | 0 | 0 | - | 500 |
| Purchases of property and equipment | - | - | - | 0 |
| Net cash (used in) provided by investing activities | 2,098 | 569 | -100,000 | 35,150 |
| Proceeds from the issuance of common stock and pre-funded warrants in july 2025, net of offering costs | 0 | -9 | 92,199 | - |
| Payment of cash dividend | - | - | - | 0 |
| Proceeds from issuance of common stock through our atm program, net of issuance costs | 0 | 217 | 4,411 | - |
| Payment of financing costs | - | - | - | 0 |
| Repurchase of common stock | 1,792 | 203 | - | - |
| Net cash provided by financing activities | -1,792 | 5 | 96,610 | 0 |
| Net (decrease) increase in cash and cash equivalents | -1,214 | -1,355 | -7,898 | 14,306 |
| Cash and cash equivalents at beginning of the period | 8,758 | 10,113 | 18,011 | 3,705 |
| Cash and cash equivalents at end of the period | 7,544 | 8,758 | 10,113 | 18,011 |
Lite Strategy, Inc. (LITS)
Lite Strategy, Inc. (LITS)