For the quarter ending 2025-09-30, WYFI had $149,920,105 increase in cash & cash equivalents over the period. -$32,458,193 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -15,753,716 | -7,405,556 |
| Depreciation and amortization expenses | 6,371,178 | 8,970,357 |
| Share-based compensation expenses | 8,772,898 | - |
| Loss from disposal of property, plant, and equipment | -338,222 | - |
| Current expected credit losses | 60,402 | - |
| Operating lease right-of-use assets | 3,682,099 | 2,324,396 |
| Accounts receivable | 10,973,164 | 1,186,845 |
| Net investment in lease | 950,001 | 1,341,770 |
| Other current assets | -279,444 | -3,274,854 |
| Other non-current assets | -2,317,040 | 766,249 |
| Accounts payable | 4,107,731 | -1,101,089 |
| Income tax payable | -6 | -225,710 |
| Other payables and accrued liabilities | -8,369,006 | 8,503,614 |
| Other long-term liabilities | -196,343 | -392,685 |
| Deferred revenue | -3,962,453 | -19,039,677 |
| Lease liabilities | -1,178,838 | -2,172,820 |
| Deferred tax liabilities | 68,865 | 1,043,002 |
| Amounts due from related parties | 1,116,662 | - |
| Net cash (used in) provided by operating activities | -16,926,704 | -6,832,638 |
| Investment in safe | - | 0 |
| Purchases of and deposits made for property, plant, and equipment | 15,531,489 | 130,960,748 |
| Proceeds from disposal of property, plant and equipment | 1,024,000 | - |
| Net cash used in investing activity | -14,507,489 | -130,960,748 |
| Net transfers from parent | 14,691,114 | 142,723,173 |
| Proceeds from issuance of ordinary shares/initial public offering, net of offering costs | 144,473,989 | - |
| Proceeds from issuance of ordinary shares/ over-allotment option exercise, net of offering costs | 22,189,195 | - |
| Net cash provided by financing activity | 181,354,298 | 142,723,173 |
| Net increase in cash, cash equivalents and restricted cash | 149,920,105 | 4,929,787 |
| Effect of exchange rate changes on cash | -31,320 | - |
| Cash and cash equivalents at beginning of period | 15,404,776 | - |
| Cash and cash equivalents at end of period | 170,223,348 | - |
WhiteFiber, Inc. (WYFI)
WhiteFiber, Inc. (WYFI)