For the quarter ending 2025-06-30, NVFY had $306,923 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-06-30 |
|---|---|
| Stock based compensation expense | 170,441 |
| Research and development | 0 |
| Changes in credit loss | -6 |
| Amortization of operating lease right-of-use assets | 366,350 |
| Net loss | -628,778 |
| Write down of inventories | 4,671 |
| Other current assets | -64,373 |
| Accrued liabilities and other payables | -628,084 |
| Operating lease liabilities | -374,839 |
| Inventories | -1,241,004 |
| Advance from customers | -69,088 |
| Taxes payable | -63,257 |
| Accounts receivable | -623 |
| Accounts payable | -569,402 |
| Loss on impairment of goodwill | 218,606 |
| Depreciation and amortization | 32,058 |
| Advance to suppliers | -5,224 |
| Net cash used in operating activities | -230,104 |
| Repayment to loan from a shareholder | 217,000 |
| Repayment to other loan | 1,726 |
| Proceed from issuing common stocks | 500,000 |
| Proceed from loan from a shareholder | 200,000 |
| Net cash provided by financing activities | 481,274 |
| Effect of exchange rate changes on cash and cash equivalents | 55,753 |
| Net increase (decrease) in cash and cash equivalents | 306,923 |
Nova Lifestyle, Inc. (NVFY)
Nova Lifestyle, Inc. (NVFY)