PAPL: the cash flow

Accretion expense

-

0

Loss on extinguishment of liability

-

0

Net loss for the period

24,583,970

-19,495,854

-6,435,085

-3,638,465

Gain (loss) on change in fair value of the conversion feature liability

-

0

Depreciation of property and equipment

10,808

10,944

10,611

82,113

Derecognition of right of use of assets

-

0

Bad debt written off

0

10,896

7,154

48,524

Unrealized foreign exchange gain (loss)

-

0

Staking income

399,131

221,718

-

Amortization of intangible assets

214,410

203,516

182,493

592,942

Depreciation on right of use asset

64,037

30,630

29,696

187,048

Interest expense on lease liability

9,257

9,904

10,096

51,431

Derivative liability

46,511

18,730

-

Warrants expense

-

1,325,558

-

Financing cost - warrants

1,325,558

-

Share-based compensation

0

142,000

-

235,006

Loss on derecognition of right of use of asset

-

3,596

Change in fair value of warrant liability

732,094

-1,102,072

-97,430

608,537

Fair value loss on crypto assets

-

6,140,379

-

Fair value (gain)/loss on digital assets

25,836,683

-23,026,713

-

Trade and other receivables

238,684

80,724

58,663

-14,477

Prepaid expenses and deposits

277,735

79,845

56,974

-47,910

Accounts payable and accrued liabilities

283,443

-971,817

-123,226

999,683

Deferred government incentive

-30,287

-20,528

-28,241

-176,253

Deferred revenue

-20,622

60,995

-70,555

-3,369

Net cash used in operating activities

-858,612

-3,273,051

-489,745

-946,820

Proceed from conversion note

-

0

Proceed from equity purchase agreement

-

0

Proceed from scientific research and development loan

-

0

Repayment of scientific research and development loan

-

0

Share capital issuance

0

19,900,960

15,000

1,847,477

Loan from directors

-

629,120

Share repurchase

660,336

-

Exercise of share warrants

-

1,008,798

Proceeds from warrant exercise

-4

-15,037

3

-

Warrant liability allocation on share capital issuance

-

659,190

Repayment of director loans

0

613,700

-

Share issue cost

-

-487,313

Proceeds from loans payable

2,470,877

6,988,913

11,983,087

-

Repayment of lease obligations

44,757

45,349

43,979

206,185

Net cash provided by financing activity

1,765,788

26,245,861

11,954,105

3,451,087

Additions to intangible assets

158,847

186,712

208,905

944,187

Loan receivable

-7,002,619

-5,000,000

-

Additions to property and equipment

6

15

1,923

0

Purchase of digital assets

750,000

1,999,988

11,896,002

-

Purchase of digital assets acquired through account payable

345,734

-

Net cash used in investing activity

-7,565,738

-7,186,715

-12,106,830

-944,187

Net change in cash

-6,658,562

15,786,095

-642,470

1,560,080

Effect of changes in foreign exchange rates

-722,493

629,820

4,266

-23,065

Cash, beginning of period

1,479,167

2,117,371

580,356

Cash and restricted cash, end of period

10,514,027

17,895,082

1,479,167

2,117,371

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow