For the quarter ending 2025-09-30, SLSN had -$3,679K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | -1,120 | 2,747 |
| Depreciation and amortization | 225 | 451 |
| Stock-based compensation | 122 | 247 |
| Trade accounts receivable, net | -1,340 | 6,180 |
| Inventories, net | -963 | -435 |
| Prepaid expenses and other assets | 4 | 978 |
| Accounts payable | -2,247 | -2,202 |
| Accrued expenses | -849 | 1,301 |
| Deferred revenue | -966 | -3,402 |
| Change in right of use asset and lease liability, net | 25 | -294 |
| Net cash used in operating activities | -2,511 | -7,875 |
| Acquisition of equipment and leasehold improvements | 418 | 1,275 |
| Net cash used in investing activities | -418 | -1,275 |
| Payments to line of credit accounts receivable, related party | - | 0 |
| Proceeds from line of credit - inventory, related party | 0 | 5,500 |
| Payments to term loans, related party | - | 0 |
| Proceeds from issuance of mezzanine preferred stock | - | 0 |
| Proceeds from line of credit accounts receivable, related party | -786 | 6,099 |
| Proceeds from issuance of stock and exercise of stock options | 36 | 250 |
| Net cash provided by financing activities | -750 | 11,849 |
| (decrease) increase in cash | -3,679 | 2,699 |
| Cash and cash equivalents at beginning of period | 1,409 | - |
| Cash and cash equivalents at end of period | 429 | - |
SOLESENCE, INC. (SLSN)
SOLESENCE, INC. (SLSN)