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Proceed from issuingcommon stocks$45,709,150 Net cash provided byfinancing activities$45,298,256 Effect of exchange ratechanges on cash and cash...$12,845 Canceled cashflow$410,894 Net increase in cashand cash...$27,917,914 Canceled cashflow$17,393,187 Repayment to loan fromshareholder$398,014 Principal payment offinance lease...$10,147 Repayment to sba loan$1,790 Interest paid on financelease liabilities$943 Net income (loss)$32,619,883 Changes in deferred tax$7,809,615 Amortization of operatinglease right-of-use...$342,676 Advance to suppliers-$240,000 Inventories-$225,203 Accounts payable$148,176 Contract liabilities$130,680 Depreciation andamortization$4,204 Write down ofinventories$2,354 Finance lease interestexpense$943 Expected (reversal) ofcredit losses$85 Net cash used ininvesting activities-$13,103,890 Net cash used inoperating activities-$4,289,297 Canceled cashflow$41,523,819 Investment in fund ofpreamble capital llc$7,797,538 Loan to third party$5,300,000 Acquisition of fixed assets$6,352 Unrealized gain-$42,918,751 Other current assets$1,286,446 Accounts receivable$747,014 Prepaid expenses$426,300 Operating leaseliabilities-$352,823 Accrued liabilities andother payables-$81,782
Cash Flow

XMax Inc. (XMAX)

XMax Inc. (XMAX)

source: myfinsight.com