The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Revenues | 1,742,360 |
| Cost of revenues | 2,193,398 |
| Salary and benefits expenses | 1,152,382 |
| Professional fees | 1,718,323 |
| Stock-based compensation | 339,063 |
| Other selling, general and administrative | 1,673,364 |
| Provision for credit losses | 1,818,151 |
| Interest expense, net | -3,375,272 |
| Non cash finance expense | 200,000 |
| (gain) loss on loan extinguishment | 67,183 |
| Income taxes | 1,700 |
| Other segment expense (income) | 1,324,644 |
| Net loss | -11,986,754 |
| Amortization of operating right-of-use asset | 446,198 |
| Amortization of debt issuance cost | 811,560 |
| (gain) loss on loan extinguishment | 67,183 |
| Loss on impairment of investment | -1,000,000 |
| Stock compensation expenses | 341,462 |
| Non cash finance expense | 200,000 |
| Change in fair value of commitment shares to be issued | -28,840 |
| Accounts receivable | -834,298 |
| Inventories | -1,234,114 |
| Prepayments and other current assets | -304,289 |
| Prepayments - related parties | -10,000 |
| Security deposit | 398,633 |
| Accounts payable | -797,968 |
| Other payables and accrued liabilities | 1,100,626 |
| Accrued interest payable - related parties | 134,310 |
| Operating lease liabilities | -440,342 |
| Tax accrual | -29,643 |
| Deferred income - contract liabilities | -95,059 |
| Inventory impairment loss | 544,469 |
| Allowance for credit losses | 1,818,151 |
| Depreciation expense | 303,351 |
| Gain on disposal of property and equipment | 20,685 |
| Net cash used in operating activities | -3,985,013 |
| Deposit from investment of future tech | 721,000 |
| Deposit from licensing fee of datavault ai | 200,000 |
| Proceeds from disposal of property and equipment | 25,959 |
| Proceeds from asset acquisition | 31,682 |
| Loan to lakeshore | 0 |
| Net cash used in investing activities | -863,359 |
| Capital contribution in advance | 1,374,000 |
| Proceeds from exercise of warrants | 865,423 |
| Long-term loan borrowing | 97,163 |
| Repayments on long-term loan | 202,257 |
| Short-term loan borrowing from third parties | 1,987,008 |
| Repayments on short-term loan from third parties | 1,160,380 |
| Short-term loan borrowing from related parties | 134,000 |
| Repayments on short-term loan from related parties | 220,755 |
| Convertible notes borrowing | 2,271,241 |
| Repayments on convertible notes | 802,875 |
| Borrowings from other payables - related parties | 59,145 |
| Payments on other payables - related parties | 46,273 |
| Proceeds from shares issued under equity line of credit | 170,219 |
| Proceeds from the reverse recapitalization | 0 |
| Payments of transaction costs incurred by lakeshore | 0 |
| Repayments of promissory note - related party of lakeshore | 0 |
| Shares and warrants issued through public offering | 0 |
| Payments of deferred offering costs | 0 |
| Net cash provided by financing activities | 4,525,659 |
| Effect of foreign exchange on cash | 276 |
| Changes in cash and cash equivalents | -322,437 |
| Cash and cash equivalents, beginning of year | 420,131 |
| Cash and cash equivalents, end of year | 97,694 |
Nature's Miracle Holding Inc. (NMHIW)
Nature's Miracle Holding Inc. (NMHIW)