For the quarter ending 2025-09-30, TOPP had -$1,024,005 decrease in cash & cash equivalents over the period. -$444,975 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -4,146,656 | -2,059,997 |
| Amortization of right-of-use assets | 116,355 | 163,710 |
| Depreciation | 136,391 | 230,706 |
| Deferred taxes | 0 | -187,108 |
| Amortization of intangible assets | 67,218 | 134,436 |
| Stock-based compensation | 3,781,000 | 985,550 |
| Accounts receivable | 463,916 | -154,468 |
| Contract assets | -268,266 | 339,151 |
| Prepaid and other current assets | 47,061 | 239,692 |
| Security deposit | 0 | -11,000 |
| Accounts payable and accrued expenses | -91,133 | 251,804 |
| Income taxes payable | 0 | -142,093 |
| Lease payable | -65,439 | -81,209 |
| Net cash used in operating activities | -444,975 | -1,139,576 |
| Note receivable | -450,000 | 5,700,000 |
| Advances to stockholder | - | 0 |
| Purchases of property and equipment | 0 | 1,012,944 |
| Net cash (used in) provided by investing activities | 450,000 | -6,712,944 |
| Proceeds from note payable | 0 | 328,500 |
| Repayments of note payable | 1,029,029 | 5,475 |
| Issuance of common stock, net of issuance cost | 0 | 8,459,232 |
| Deferred offering costs | - | 0 |
| Net cash provided by financing activities | -1,029,029 | 8,782,257 |
| Net decrease in cash | -1,024,005 | 929,738 |
| Cash and cash equivalents at beginning of period | 557,619 | - |
| Cash and cash equivalents at end of period | 463,352 | - |
Toppoint Holdings Inc. (TOPP)
Toppoint Holdings Inc. (TOPP)