For the quarter ending 2025-10-31, NCPL had -$2,878,303 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-10-31 | 2025-07-31 | 2025-04-30 |
|---|---|---|---|
| Provision for bad debts | - | - | 178,534 |
| Net income (loss) | -2,129,489 | -3,642,052 | -28,301,325 |
| Stock-based compensation | 139,371 | 516,073 | 757,484 |
| Receipt of equity in lieu of cash | 1,510 | 62,195 | 72,090 |
| Changes in deferred taxes | - | - | 0 |
| Unrealized gain on equity securities | 0 | 44,945 | 18,050 |
| Impairment expense | - | - | 19,915,556 |
| Accretion of short-term notes | 0 | -356,413 | -6,937 |
| Amortization of intangible assets | 8,869 | 8,869 | 35,476 |
| Accounts receivable | -7,529 | -58,649 | -52,066 |
| Other receivables | 11,041 | 0 | 1,200 |
| Prepaid expenses | -110,754 | 378,126 | 8,231 |
| Income taxes payable | - | - | 0 |
| Accounts payable and accrued expenses | -692,942 | -1,041,094 | 2,107,454 |
| Deferred revenue | -15 | -15 | -136 |
| Accrued interest payable | -9,829 | 14,165 | 8,314 |
| Net cash used in operating activities | -2,578,303 | -4,214,258 | -5,339,211 |
| Note receivable | - | - | 0 |
| Net cash used in investing activities | - | - | 0 |
| Payment to secured lender | - | - | 0 |
| Proceeds from exercise of warrants | - | 0 | 2,529,957 |
| Payment of short-term notes | 300,000 | 319,850 | - |
| Proceeds from short-term notes | 0 | 300,000 | 256,500 |
| Proceeds from sale of common stock | 0 | 8,507,171 | 1,979,000 |
| Net cash provided by financing activities | -300,000 | 8,487,321 | 4,765,457 |
| Net increase (decrease) in cash | -2,878,303 | 4,273,063 | -573,754 |
| Cash and cash equivalents at beginning of period | 4,562,491 | 289,428 | - |
| Cash and cash equivalents at end of period | 1,684,188 | 4,562,491 | - |
Netcapital Inc. (NCPL)
Netcapital Inc. (NCPL)