The latest financial statement is for the quarter ending 2025-06-30.
| Cash Flow | 2025-06-30 |
|---|---|
| Stock-based compensation | 1,100,670 |
| Bad debt (recovery) expense | 9,294 |
| Non-cash interest expense (income) | 7,083 |
| Amortization of right-of-use assets | 209,645 |
| Net loss | -6,360,327 |
| Loss on write down of inventory and inventory deposits | 73,824 |
| Prepaid assets and other assets | 11,389 |
| Right-of-use liabilities - operating leases | -215,423 |
| Inventory and inventory deposits | 219,846 |
| Customer deposits | -193,974 |
| Accrued liabilities and vendor settlements | -1,496,856 |
| Accounts receivable | 120,878 |
| Accounts payable | -193,894 |
| Loss on sale/write off of property & equipment | 0 |
| Depreciation and amortization | 160,503 |
| Loss on extinguishment of convertible notes | 0 |
| Loss on conversion of notes to common stock | 0 |
| Loss on change in fair value of financial liabilities | 34,810 |
| Gain on exercise of series b warrants | 0 |
| Net cash used in operating activities | -7,230,924 |
| Proceeds from sale of property and equipment | 0 |
| Proceeds from insurance settlement | 0 |
| Purchase of certificate of deposit | 2,000,000 |
| Purchase of property and equipment | 204,927 |
| Net cash used in investing activities | -2,204,927 |
| Repayment of notes payable | 3,489 |
| Proceeds from the issuance of common stock issued from the at the market offering, net of issuance costs of 320,867 | 8,846,761 |
| Proceeds from issuance of may 2024 notes and warrants, net of issuance costs of 245,150 | 0 |
| Repurchase of common stock | 510,907 |
| Repurchase of fractional shares | 941 |
| Proceeds from issuance of common stock units and pre-funded warrant units from public offering, net of issuance costs of 1,296,118 | 10,703,882 |
| Proceeds from exercise of series b warrants | 0 |
| Proceeds from exercise of buy down warrants | 0 |
| Net cash provided by financing activities | 19,035,306 |
| Net change in cash, cash equivalents and restricted cash | 9,599,455 |
Empery Digital Inc. (VLCN)
Empery Digital Inc. (VLCN)