For the year ending 2025-12-31, SSM had -$1,148K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Income for the period | 4,015 |
| Depreciation of property, plant and equipment | 31 |
| Stock based compensation | 0 |
| Gain on reconsolidation | 0 |
| Income from changes in fair value of convertible note payable carried at fair value | -11,108 |
| Non-cash lease expense | 56 |
| Other non-cash (income) / expense | 632 |
| Inventory | 25 |
| Prepaid taxes | -428 |
| Prepaid expenses and other | 15 |
| Accounts payable and accrued expenses | 535 |
| Lease liability | -56 |
| Vat payable | -487 |
| Other current liabilities | 4 |
| Net cash used in operating activities | -7,254 |
| Acquisition of property and equipment | 0 |
| Reconsolidation (deconsolidation) of the subsidiary cash balance | 0 |
| Net cash provided by (used in) investing activities | 0 |
| Proceeds from the issuance of convertible notes | 5,990 |
| Proceeds from the issuance of shares from conversion of employee options | 3 |
| Proceeds from issue of shares in private placement | 85 |
| Net cash provided by financing activities | 6,078 |
| Effect of currency translation on cash | 28 |
| Net (decrease) in cash | -1,148 |
| Cash at december 31, 2024 | 1,354 |
| Cash at december 31, 2025 | 206 |
Sono Group N.V. (SSM)
Sono Group N.V. (SSM)