VTIX: the cash flow

MyFinsight

Cash Flow	2026-03-31
Net loss	-16,799,253
Depreciation and amortization expense	625,987
Amortization of discount on notes payable	2,923,059
Amortization of loan cost	26,871
Credit loss (recovery) expense	73,151
Stock-based compensation	441,951
Share of loss in joint venture	70
Warrant modification expense	2,694,722
Loss on extinguishment of debt	122,864
Stock issuance in exchange for services	1,235,009
Prepaid expenses and other current assets	590,956
Accounts receivable	326,768
Other assets	1,006
Inventory	-267,626
Operating lease right-of-use assets	260,867
Accounts payable	-85,609
Accrued expenses	544,879
Gift card liability	446,252
Operating lease liabilities	260,867
Deferred revenue	-1,103,229
Cash used in operating activities	-9,504,380
Cash paid for purchases of property and equipment, including intangibles	97,045
Cash used in investing activities	-97,045
Issuance of preferred stock	1,945,352
Payments on short-term notes payable	1,454,263
Payments on long-term notes payable	549
Proceeds from short-term notes payable	1,734,627
Proceeds from warrants exercised, net of issuance costs	6,985,847
Proceeds from convertible notes, net of issuance costs	9,398,813
Proceeds from exercise of stock option	24,978
Due (to) from related parties	-40,000
Cash provided by financing activities	18,594,805
Net increase (decrease) in cash	8,993,380
Cash at beginning of year	477,908
Cash at end of year	9,471,288

Unit: Dollar.