For the quarter ending 2025-09-30, RCAT had $140,495,521 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss from continuing operations | -16,016,448 | -36,402,311 |
| Stock based compensation | 7,255,420 | - |
| Amortization of intangible assets | 376,293 | 781,977 |
| Stock based compensation - options | - | 1,958,711 |
| Depreciation | 166,026 | 329,414 |
| Stock based compensation - restricted stock units | - | 1,675,322 |
| Deferred income taxes | 694,562 | - |
| Payments of taxes related to equity transactions | 0 | 0 |
| Gain on divestiture of consumer segment | 0 | 0 |
| Impairment on equity method investment | 0 | 0 |
| Equity method loss | 0 | 0 |
| Impairment on goodwill and intangible assets | 0 | 0 |
| Loss on sale of equity method investment and note receivable | 0 | - |
| Convertible notes payable fair value adjustment | 12,939,387 | 6,864,056 |
| Gain on extinguishment of convertible notes payable | 7,071,663 | -4,623,335 |
| Prepaid expenses and other | - | 1,125,234 |
| Accounts receivable | 5,094,476 | 523,159 |
| Inventory | 6,472,338 | 3,218,772 |
| Prepaid inventory | 7,311,657 | 4,185,264 |
| Prepaid expenses and other current and long-term assets | 3,988,130 | - |
| Operating lease right-of-use assets and liabilities | -157,430 | -48,014 |
| Contract liabilities and deposits | -97,623 | 338,053 |
| Accounts payable | 1,493,670 | -568,353 |
| Accrued expenses | 4,353,128 | 599,555 |
| Net cash used in operating activities of continuing operations | -23,852,024 | -28,804,656 |
| Proceeds from divestiture of consumer segment | 0 | 0 |
| Proceeds from sale of equity method investment and note receivable | 0 | - |
| Purchases of property and equipment | 669,591 | 579,626 |
| Net cash (used in) provided by investing activities of continuing operations | -669,591 | -579,626 |
| Proceeds from issuance of common stock through public offerings | 249,248,908 | 71,768,044 |
| Payment of costs related to public offerings | 14,900,402 | - |
| Proceeds from issuance of convertible notes payable | 567,121 | 14,432,879 |
| Debt issuance costs | 567,121 | - |
| Payments of convertible notes payable | 1,650,000 | 1,650,000 |
| Proceeds from exercise of stock options | 150,674 | 1,309,537 |
| Proceeds from exercise of warrants | 2,286,000 | 300,000 |
| Payments under debt obligations | 0 | 0 |
| Net cash provided by (used in) financing activities of continuing operations | 165,017,136 | 86,160,460 |
| Operating activities | 0 | 0 |
| Investing activities | 0 | 0 |
| Financing activities | 0 | 0 |
| Net cash used in discontinued operations | 0 | 0 |
| Net increase (decrease) in cash | 140,495,521 | 56,776,178 |
| Cash and cash equivalents at beginning of period | 9,154,297 | - |
| Cash and cash equivalents at end of period | 206,425,996 | - |
Red Cat Holdings, Inc. (RCAT)
Red Cat Holdings, Inc. (RCAT)