SPAI: the cash flow

MyFinsight

For the year ending 2025-12-31, SPAI had $14,822,369 increase in cash & cash equivalents over the period. -$6,265,174 in free cash flow.

Cash Flow	2025-12-31
Purchase of property and equipment	48,808
Investment in intangible technologies (software development)	192,545
Net cash used in investing activities	-241,353
Proceeds from convertible notes payable	0
Proceeds from notes payable	0
Payments on notes payable	0
Proceeds from sale of common stock and warrants	6,767,500
Proceeds from sale of common stock in offering	12,945,000
Proceeds from issuance of series c preferred stock and warrants	1,050,000
Purchase of treasury stock in connection with stock repurchase program	613,409
Proceeds from warrant exercise	1,511,570
Proceeds from option exercise	12,750
Payments for employee tax withholdings on net share settlement	465,601
Proceeds from related party advances	141,866
Repayment of due to related party	69,588
Net cash provided by financing activities	21,280,088
Relative fair value of options granted	0
Lease costs	0
Amortization of debt discount	0
Stock-based compensation and professional fees	6,907,105
Accounts receivable	-23,658
Inventory	272,963
Prepaid expenses and other assets	106,643
Accounts payable	278,869
Accrued expenses	180,668
Contract liabilities	-64,871
Lease liabilities	11
Accrued compensation	-51,619
Impairment of other intangibles	146,001
Impairment of goodwill	684,867
Depreciation and amortization expense	381,330
Net loss	-14,322,779
Net used in operating activities	-6,216,366
Net increase in cash	14,822,369
Net increase in cash	14,822,369
Cash, beginning of year	1,970,719
Cash, end of year	16,793,088

Unit: Dollar.