For the year ending 2025-12-31, NXTS had $1,804K increase in cash & cash equivalents over the period. -$3,822K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -4,156 |
| Depreciation and amortization | 71 |
| Issuance of shares to employees and service providers | 2,054 |
| Share based compensation to employees and directors | 91 |
| Expenses funded by non-controlling interests | 80 |
| Gain from sales of property and equipment | 3 |
| Gain from standby equity purchase agreement ii (note 15) | 1,811 |
| Expenses from standby equity purchase agreement ii (note 15) | -182 |
| Interest in respect of loans | 47 |
| Gain from deconsolidation of subsidiary | 44 |
| Change in fair value of warrant liability | -234 |
| Change in fair value of credit facility liability | -62 |
| Change in fair value of pipes warrant liability | 1,382 |
| Change in fair value of investment in nonconsolidated affiliate | -603 |
| Change in fair value of convertible loan | 46 |
| Change in fair value of solar project | 919 |
| Change in fair value of marketable securities | -68 |
| Change in fair value of contingent considerations | 1,136 |
| Exchange rate differences on operating leases | 3 |
| Decrease (increase) in accounts receivable, net | -9 |
| Decrease in inventory | -7 |
| Decrease in prepaid expenses and other current assets | -66 |
| Increase (decrease) in accounts payable | -20 |
| Decrease in other liabilities | -164 |
| Decrease in operating lease expense | 14 |
| Change in operating lease liability | -14 |
| Net cash used in operating activities | -3,808 |
| Investment in solar projects under development | 743 |
| Proceeds from sales of property and equipment | 3 |
| Purchase of property | 14 |
| Proceeds from sale of subsidiary (net of cash disposed) | 25 |
| Cash used in purchased of mitocarex | 565 |
| Short term loan granted | 872 |
| Solar photovoltaic joint venture project | 1,017 |
| Net cash used in investing activities | -3,233 |
| Proceeds from credit facility | 1,340 |
| Repayment of credit facility | 1,165 |
| Proceeds from pipe agreement | 1,500 |
| Proceeds from exercise of warrants from pipe agreement | 1,830 |
| Proceeds from promissory note | 1,500 |
| Repayments of promissory note | 300 |
| Proceeds from standby equity purchase agreement, net | 4,151 |
| Net cash provided by financing activities | 8,856 |
| Effect of exchange rate changes on cash and cash equivalents | -11 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 1,804 |
| Cash, cash equivalents and restricted cash at beginning of year | 2,209 |
| Cash, cash equivalents and restricted cash at end of year | 4,013 |
Nexentis Technologies Inc. (NXTS)
Nexentis Technologies Inc. (NXTS)