For the quarter ending 2026-03-31, SLSN had -$715K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -766 | 163 | -1,120 | 2,747 |
| Depreciation and amortization | 313 | 221 | 225 | 451 |
| Stock-based compensation | 83 | 206 | 122 | 247 |
| Trade accounts receivable, net | -457 | -2,873 | -1,340 | 6,180 |
| Inventories, net | -952 | -358 | -963 | -435 |
| Prepaid expenses and other assets | -239 | -1,644 | 4 | 978 |
| Accounts payable | 374 | -928 | -2,247 | -2,202 |
| Accrued expenses | -367 | -2,474 | -849 | 1,301 |
| Deferred revenue | 235 | -273 | -966 | -3,402 |
| Change in right of use asset and lease liability, net | -3 | 29 | 25 | -294 |
| Net cash provided by (used in) operating activities | 1,517 | 1,819 | -2,511 | -7,875 |
| Acquisition of equipment and leasehold improvements | 528 | 450 | 418 | 1,275 |
| Net cash (used in) provided by investing activities | -528 | -450 | -418 | -1,275 |
| Net payments to line of credit accounts receivable, related party | 1,720 | - | - | 0 |
| Proceeds from line of credit - inventory, related party | - | 0 | 0 | 5,500 |
| Payments to term loans, related party | - | - | - | 0 |
| Proceeds from issuance of mezzanine preferred stock | - | - | - | 0 |
| Net proceeds from line of credit accounts receivable, related party | - | -547 | -786 | 6,099 |
| Proceeds from issuance of stock and exercise of stock options | 16 | 37 | 36 | 250 |
| Net cash (used for) provided by financing activities | -1,704 | -510 | -750 | 11,849 |
| (decrease) increase in cash | -715 | 859 | -3,679 | 2,699 |
| Cash at beginning of period | 1,288 | 429 | 1,409 | - |
| Cash at end of period | 573 | 1,288 | 429 | - |
SOLESENCE, INC. (SLSN)
SOLESENCE, INC. (SLSN)