For the quarter ending 2026-03-31, SGLY had -$10,852,994 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | 4,508,543 | -676,381 | -9,481,863 | -3,314,531 |
| Non-cash lease expense | 14,318 | 13,632 | 13,151 | 26,044 |
| (gain) loss on disposal of subsidiaries | 0 | 0 | 47,359 | 0 |
| Issuance of common shares for judgment debts | 188,585 | - | - | - |
| Notes receivable | -14,734 | 40,514 | -30,226 | 32,320 |
| Accounts receivable | 107,672 | -137,162 | -223,235 | 125,256 |
| Other receivables | 0 | 0 | 426,492 | -614 |
| Advances to suppliers | 11,068,420 | 8,265,492 | 58,930 | 1,025 |
| Due from related parties | - | - | - | -293,861 |
| Prepaid expenses | -11,197 | 11,710 | -5,604 | -192,668 |
| Deferred revenue | 418 | 210 | 44,645 | -66,747 |
| Accounts payable | -4,937 | -36,969 | -274,522 | 62,704 |
| Taxes payable | 2,724 | -2,587 | 60 | -1,605 |
| Lease liabilities | -14,318 | -13,632 | -13,151 | -236,335 |
| Judgment debt payable | 0 | -38,586 | -300,000 | 488,586 |
| Class action settlement | -12,850,000 | 0 | 8,850,000 | - |
| Accrued expenses and other current liabilities | 215,691 | 126,332 | 177,593 | -350,765 |
| Depreciation and amortization | 0 | - | - | 48,871 |
| Allowance for credit losses | 0 | - | - | 0 |
| Loss on disposal of property and equipment | 0 | - | - | -133,765 |
| Reversal of impairment for right-of-use assets | 0 | - | - | - |
| Interest expenses related to convertible note | - | - | - | 0 |
| Due to related parties | 0 | - | - | - |
| Impairment loss of cryptocurrencies | - | - | - | 0 |
| Other long-term assets - deposits | 0 | - | - | -188,789 |
| Acquisition of property and equipment | - | - | - | 0 |
| Net cash used in operating activities | -11,277,722 | -8,619,950 | -1,257,803 | -2,692,682 |
| Repayment from related parties | - | - | - | 0 |
| Proceeds from disposal of subsidiaries, net of cash | 0 | 0 | 108,331 | - |
| Net cash provided by investing activities | 0 | 0 | 108,331 | 0 |
| Advance from a related party | 374,628 | 75,432 | 69,862 | 2,066,261 |
| Repayment of third parties loans | - | - | - | 600,000 |
| Payment of accrued interest related to convertible notes | - | - | - | 0 |
| Proceeds from issuance of common shares | 0 | 2,100,000 | - | 1,141,000 |
| Repayment of convertible notes | - | - | - | 0 |
| Proceeds from third parties loans | 50,100 | 2,300,000 | 655,000 | - |
| Net cash provided by financing activities | 424,728 | 4,475,432 | 724,862 | 2,607,261 |
| Net (decrease) increase in cash and restricted cash | -10,852,994 | - | - | - |
| Net (decrease) increase in cash and restricted cash | -10,852,994 | -4,144,518 | -424,610 | -85,421 |
| Cash and restricted cash, beginning of period | 13,083,646 | 17,227,476 | 17,651,896 | 17,736,059 |
| Effect of changes of foreign exchange rate on cash and restricted cash | 3,012 | 688 | 190 | 1,258 |
| Cash and restricted cash, end of period | 2,233,664 | 13,083,646 | 17,227,476 | 17,651,896 |
Singularity Future Technology Ltd. (SGLY)
Singularity Future Technology Ltd. (SGLY)