For the quarter ending 2026-03-31, ZONE had $9,649,911 increase in cash & cash equivalents over the period. -$7,671,790 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -37,264,985 | -104,360,352 | -13,367,699 | -6,742,275 |
| Depreciation and amortization | 64,501 | 47,888 | 89,874 | 203,777 |
| Change in fair value of digital assets | -18,356,902 | -83,702,756 | -4,997,173 | - |
| Accretion of note payable discount | 0 | 0 | 20,000 | - |
| Non-cash interest expense | 1,382 | -7,468 | 176,176 | 344,886 |
| Modification of related party debt | - | - | - | 18,022 |
| Stock based compensation | 760,088 | 6,673,580 | 1,167,775 | 3,203,230 |
| Reversal of contingent liability | - | - | - | 111,987 |
| Non-cash professional fees | 9,854,108 | 10,038,000 | 4,894,750 | - |
| Non-cash lease expense | -1,391 | -1,045 | -1,045 | -1,484 |
| Provision for bad debt and write-off on uncollectable accounts | -23,509 | 30,521 | 1,945 | 221,241 |
| Impairment of intangibles | - | - | - | 261,250 |
| Provision for inventory reserve and write-off | 720,961 | - | - | - |
| Deferred revenue | - | - | 428,093 | -10,395 |
| Foreign exchange (gain)/loss | 852 | -2,690 | -552 | 120 |
| Accounts receivable | -98,286 | 81,512 | -267,977 | 138,859 |
| Inventory | 153,544 | -65,679 | 66,416 | 326,958 |
| Prepaid expenses | -138,518 | -1,424,930 | 2,399,204 | 172,198 |
| Due to related parties | 7,875 | -25,876 | -187,825 | 216,896 |
| Accretion of note payable discount | - | - | - | -83,048 |
| Accounts payable and accrued liabilities | -206,502 | -452,442 | 181,222 | 614,267 |
| Net cash used in operating activities | -7,648,162 | -3,370,744 | -3,796,652 | -2,337,659 |
| Purchase of property and equipment | 23,628 | 5,336 | 11,738 | 32,389 |
| Proceeds from related party loans | - | - | - | 332,193 |
| Purchase of digital assets | 0 | 6,105,650 | 142,500,000 | - |
| Proceeds from issuance of promissory notes and warrants | - | - | - | 1,510,000 |
| Cash used in acquisition | - | - | - | 581,792 |
| Sale of digital assets | 18,368,360 | - | - | - |
| Proceeds from issuance of original issue discount notes | - | - | - | 500,000 |
| Net cash used in investing activities | 18,344,732 | -6,110,986 | -142,511,738 | -614,181 |
| Proceeds from at-the-market offering | 0 | 4,250,673 | 21,357,562 | 0 |
| Proceeds from private placement of pre-funded warrants, net | 0 | 0 | 137,907,255 | - |
| Proceeds from exercise of warrants | 0 | 0 | 370,288 | 403,171 |
| Proceeds from issuance of convertible notes | - | - | - | 0 |
| Funds provided for note receivable | 1,000,000 | - | - | - |
| Payments of deferred offering costs | 0 | 292,242 | 786,725 | 53,477 |
| Payments on notes payable | - | - | - | 316,920 |
| Repayments of notes payable | 0 | 0 | 660,000 | - |
| Repayments of loans due to related parties | 0 | 0 | 425,241 | 0 |
| Net cash provided by financing activities | -1,000,000 | 3,958,431 | 157,763,139 | 2,374,967 |
| Effect of exchange rate changes on cash and cash equivalents | -46,660 | 12,095 | -1,151 | 21,259 |
| Net increase (decrease) in cash | 9,649,911 | -5,511,205 | 11,453,598 | -555,614 |
| Cash, cash equivalents, and restricted cash at beginning of period | 7,403,390 | 12,914,595 | 1,460,997 | - |
| Cash, cash equivalents, and restricted cash at the end of period | 17,053,301 | 7,403,390 | 12,914,595 | - |
CleanCore Solutions, Inc. (ZONE)
CleanCore Solutions, Inc. (ZONE)