For the quarter ending 2025-09-30, RELI had $128,206 increase in cash & cash equivalents over the period. -$820,807 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Recognition and change in fair value of warrant liability | - | 0 |
| Net income | -1,156,581 | -4,447,786 |
| Depreciation and amortization | 313,694 | 706,746 |
| Asset impairments | - | 0 |
| Amortization of debt issuance costs and accretion of debt discount | 84,640 | 9,991 |
| Non-cash lease expense | -2,394 | -2,646 |
| Equity based compensation expense | 2,740,796 | 1,852,353 |
| Equity based payments to third parties | 67,650 | 652,189 |
| Gain on sale of business | 3,033,554 | - |
| Change in unrealized gains (losses) on digital assets, net | -8,558 | - |
| Accounts receivable | -86,585 | -509,750 |
| Accounts receivable, related parties | -3,163 | -17 |
| Other receivables | 31,601 | 14,705 |
| Prepaid expense and other current assets | 71,588 | 40,537 |
| Other non-current assets | -1,500 | 0 |
| Accounts payables and other accrued liabilities | 111,330 | 113,597 |
| Earn-out fair value and write-off adjustments | - | 0 |
| Other payables | 58,568 | 1,058 |
| Net cash used in continuing operating activities | -814,446 | -654,681 |
| Purchases of property and equipment | 6,361 | 9,540 |
| Purchases of intangibles | 9,191 | 17,597 |
| Proceeds from sale of business | 4,447,069 | - |
| Purchases of digital assets | 114,960 | - |
| Net cash provided (used) from investing activities | 4,316,557 | -27,137 |
| Principal repayments of debt | 5,145,713 | 768,000 |
| Proceeds from short-term financings | 42,360 | 150,000 |
| Principal repayments of short-term financings | 42,165 | 102,618 |
| Proceeds from loans payable, related parties | 0 | 1,142,166 |
| Payments of loans payable, related parties | 587,964 | 310,844 |
| Proceeds from common shares issued through an at the market offering | 2,021,682 | 0 |
| Proceeds from common shares issued through an equity line of credit | 350,000 | - |
| Private placement of shares and common warrants | -12,105 | 2,148,631 |
| Net cash (used) provided by continuing financing activities | -3,373,905 | 2,259,335 |
| Net increase (decrease) in cash and restricted cash | 128,206 | 1,577,517 |
| Cash and cash equivalents at beginning of period | 1,797,694 | - |
| Cash and cash equivalents at end of period | 3,503,417 | - |
Reliance Global Group, Inc. (RELI)
Reliance Global Group, Inc. (RELI)