For the quarter ending 2025-09-30, PEVM had $164K increase in cash & cash equivalents over the period. -$820K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Purchase of property and equipment | 0 | 0 |
| Loan lent to a related party | 0 | 0 |
| Proceeds from repayment from a related party | 0 | 0 |
| Acquisition of proterra | 0 | 0 |
| Net cash used in investing activities | 0 | 0 |
| Repayment of related party borrowings | 0 | 0 |
| Proceeds from related party borrowings | 0 | 0 |
| Repayment of convertible notes | 0 | - |
| Repayment of borrowings | 84 | 1,504 |
| Proceeds from borrowings | 462 | 5,825 |
| Proceeds received from private placements | 606 | 0 |
| Net cash generated from financing activities | 984 | 4,321 |
| Amortization of convertible notes | 0 | 0 |
| Gain on change in fair value of derivative liability | 0 | 0 |
| Impairment loss on goodwill | 0 | 0 |
| Loss on warrants issued in private placement | 0 | 0 |
| Bargain purchase gain | 0 | 0 |
| Deferred tax liability reversal | 0 | 0 |
| Income tax payable | 0 | 0 |
| Provision for doubtful accounts | 0 | - |
| Depreciation and amortization | 412 | 842 |
| Gain on warrant exercise | 0 | 294 |
| Share-based compensation | 596 | -5 |
| Warranty reserve | -3,451 | -2,792 |
| Amortization of right-of-use assets | 289 | 549 |
| Gain on change in fair value of warrant liability | -742 | 1,060 |
| Accounts receivable | -349 | -41 |
| Inventories | -1,164 | -1,239 |
| Battery lease receivables | 0 | -122 |
| Prepaid expenses and other assets | -665 | 361 |
| Amount due from related party | 0 | 17 |
| Accounts payable | 405 | -438 |
| Accrued liabilities | 537 | 1,823 |
| Deferred revenue | -73 | -292 |
| Advance from customers | 1,111 | 1,408 |
| Other payable | 509 | - |
| Lease liabilities | -407 | -1,019 |
| Net investment in leases | 12 | 24 |
| Amount due to related party | 0 | -5 |
| Net (loss) income | -3,680 | -4,738 |
| Net cash used in operating activities | -820 | -4,973 |
| Decrease in cash and cash equivalents | 164 | -652 |
| Cash and cash equivalents at beginning of period | 764 | - |
| Cash and cash equivalents at end of period | 276 | - |
PHOENIX MOTOR INC. (PEVM)
PHOENIX MOTOR INC. (PEVM)