DEVS · As filed with the SEC
DevvStream cash flow statement, by fiscal year
The statement as DevvStream presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD
| USD | FY2025 Year ended Jul 31, 2025 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 |
|---|---|---|---|---|
| Operating activities | ||||
| Net loss for the year | (12,067,231) | 23,947 | 11,530,114 | — |
| Items not affecting cash: | ||||
| Transaction costs allocated to warrant liabilities | — | — | 0 | — |
| Depreciation | 953 | — | — | — |
| Share based compensation | 582,966 | — | — | — |
| Change in fair value of derivative liabilities | (719,000) | — | — | — |
| Change in fair value of mandatory convertible debentures | (70,500) | — | — | — |
| Change in fair value of warrant liabilities | (1,728,392) | (681,000) | (10,669,000) | — |
| Recovery of offering costs allocated to warrants | — | (309,534) | — | — |
| Income from investments held in Trust Account | — | (5,350,288) | (3,433,975) | — |
| Change in fair value of stock option liabilities | (196,625) | — | — | — |
| Gain on settlement of accounts payable | (899,015) | — | — | — |
| Loss on investment in associate | 512,011 | — | — | — |
| Impairment of carbon credits | 1,224,060 | — | — | — |
| Stop-loss provision loss | 1,065,235 | — | — | — |
| Non-cash general and administrative | 0 | — | — | — |
| Accrued interest | 305,592 | — | — | — |
| Accretion expense | 346,424 | — | — | — |
| Changes in non-cash working capital items: | ||||
| Trade receivable | (7,360) | — | — | — |
| GST receivable | (54,988) | — | — | — |
| Corporate taxes receivables | (171,573) | — | — | — |
| Carbon credits | (143,211) | — | — | — |
| Prepaid expenses | (140,755) | 363,078 | 452,365 | — |
| Accounts payable and accrued liabilities | 5,731,504 | 3,406,090 | 345,676 | — |
| Franchise tax payable | — | (23,253) | 645,442 | — |
| Marketing service fee | — | 0 | 150,000 | — |
| Due to related party | — | 120,000 | 120,000 | — |
| Income taxes payable | — | (659,379) | (107,676) | — |
| Net cash used in operating activities | (6,429,905) | (3,110,339) | (967,054) | — |
| Investing activity | ||||
| Proceeds from Trust Account | — | — | 999,121 | — |
| Trust extension funding | — | (1,300,000) | 0 | — |
| Cash withdrawn from Trust Account in connection with redemption | — | 179,860,588 | — | — |
| Cash withdrawn from Trust Account to pay taxes obligation | — | 1,409,500 | — | — |
| Cash assumed on RTO | 1,661,645 | — | — | — |
| Net cash provided by investing activity | 1,661,645 | 179,970,088 | 999,121 | — |
| Financing activities | ||||
| Proceeds from sale of common stock to Sponsor | — | — | 0 | — |
| Proceeds from initial public offering, net of costs | — | — | 0 | — |
| Redemption of common stock | — | (179,860,588) | — | — |
| Proceeds from issuance of promissory note to related party | — | 1,875,000 | — | — |
| Proceeds from convertible debentures | 9,400,650 | — | — | — |
| Proceeds from warrant exercise | 86,237 | — | — | — |
| Proceeds from issuance of mandatory convertible debentures | 0 | — | — | — |
| Proceeds from PIPE financing | 2,230,000 | — | 0 | — |
| Payment of underwriter discount | — | — | 0 | — |
| Proceeds from ELOC drawdown | 2,879,930 | — | — | — |
| Net cash provided by financing activities | 14,596,817 | (177,985,588) | 0 | — |
| Net change in cash | — | (1,125,839) | 32,067 | — |
| Effect of exchange rate changes on cash | 1,448 | — | — | — |
| Net increase (decrease) in cash | 9,830,005 | — | — | — |
| Cash, Beginning | 21,106 | 1,426,006 | 1,393,939 | — |
| Cash, Ending | 9,851,111 | 300,167 | 1,426,006 | 1,393,939 |
| Supplemental information: | ||||
| Accretion for Class A common stock to redemption amount | — | — | 2,420,680 | — |
| Deferred underwriters' discount changed to additional paid-in capital | — | — | 0 | — |
| Initial classification of warrant liability | — | — | 0 | — |
| Remeasurement adjustment of carrying value of Class A common stock to redemption amount | — | 5,333,891 | — | — |
| Conversion of Class B common stock to Class A common stock | — | 500 | — | — |
| Excise tax payable in connection with redemption | — | 2,235,006 | — | — |
| Impact of the waiver of deferred commission by the underwriters | — | 8,340,466 | — | — |
| Payable to redeemable shareholders | — | 43,640,022 | — | — |
| Taxes paid | 0 | 1,770,029 | — | — |
| Interest paid | 0 | — | — | — |
| Repayment of convertible debentures from ELOC drawdown proceeds | 448,151 | — | — | — |
| Fair value of warrants exercised | 389,729 | — | — | — |
| Fair value of securities issued for the RTO (Note 4) | 3,147,117 | — | — | — |
| Fair value of securities issued for settlement of accounts payable | 10,888,912 | — | — | — |
| Fair value of securities issued for services | 585,155 | — | — | — |
| Fair value of securities issued for carbon credits | 1,982,424 | — | — | — |
| Fair value of securities issued for the acquisition of interest in associate | 1,220,000 | — | — | — |
| Fair value of securities issued for ELOC commitment | 363,333 | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.