The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Purchases of property and equipment | 0 | 117,812 |
| Capitalized patent costs | 32,384 | 63,686 |
| Net cash used in investing activities | -32,384 | -181,498 |
| Repayment of short-term notes | 0 | 42,671 |
| Proceeds from issuance of common stock from exercise of warrants | 430,022 | 241,546 |
| Cash used to settle fractional shares | 0 | 460 |
| Capital contributions from global graphene group | 0 | 0 |
| Cash received from nubi trust | 0 | 0 |
| Discount payment related to non redemption agreement | 0 | 0 |
| Reimbursement of consideration shares related to the forward purchase agreement | 0 | 0 |
| Reimbursement of recycled shares related to forward purchase agreement | 0 | 0 |
| Transaction expenses in connection with the merger | 0 | 0 |
| Inflow from merger | 0 | 0 |
| Proceeds from convertible notes | 0 | 0 |
| Proceeds from short-term notes | 0 | 0 |
| Proceeds from issuance of common stock and warrants in connection with the private placement | 0 | 0 |
| Issuance costs in connection with the private placement | 0 | 0 |
| Repayment of related party payable | 0 | 0 |
| Net cash provided by financing activities | 430,022 | 198,415 |
| Depreciation and amortization | 68,458 | 138,400 |
| Stock based compensation | 349,226 | 957,869 |
| Equity compensation expense | 0 | 671 |
| Accounts receivable | 449 | 4,112 |
| Prepaid expenses | -82,338 | 139,453 |
| Other current assets | -177,721 | 431,608 |
| Accounts payable and accrued expenses | 1,015,289 | 1,118,918 |
| Income taxes payable | 0 | -6,369 |
| Excise taxes | 13,648 | 27,296 |
| Net income (loss) | -4,092,145 | 7,080,771 |
| Other non-current assets | - | 0 |
| Change in fair value of derivative liabilities | 2,237,050 | -12,201,300 |
| Non-cash interest expense | - | 202,920 |
| Issuance of common stock and warrants | 0 | 0 |
| Other receivable | 0 | 0 |
| Inventory | 0 | 0 |
| Net cash used in operating activities | -351,784 | -3,255,997 |
| Net change in cash | 45,854 | -3,239,080 |
| Cash and cash equivalents at beginning of period | 114,652 | 3,353,732 |
| Cash and cash equivalents at end of period | 160,506 | 114,652 |
Solidion Technology Inc. (STI)
Solidion Technology Inc. (STI)