FALSE · As filed with the SEC

Startengine Crowdfunding cash flow statement, by fiscal year

The statement as Startengine Crowdfunding 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

USDFY2025
Year ended Dec 31, 2025
FY2024
Year ended Dec 31, 2024
FY2023
Year ended Dec 31, 2023
FY2022
Year ended Dec 31, 2022
FY2021
Year ended Dec 31, 2021
Cash flows from operating activities:
Net Income (loss)———(7,944,302)(1,066,429)
Net income (loss)1,472,852(16,536,658)(16,375,478)——
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation13,19115,30313,15513,0906,086
Amortization3,428,5713,428,5722,248,965——
Bad debt expense425,277313,596722,932314,214118,335
Realized loss on sale of investments - building—432,148———
Fair value of investments - other received for fees(1,412,119)(2,429,556)—(536,088)(828,300)
Fair value of investments - other received for fees——(2,804,606)(2,577,415)(3,190,512)
Change in fair value of warrant investments—135,38411,409169,520129,357
Change in fair value of warrant investments6,082————
Impairment of investments - other received for fees2,596,956724,9342,125,21121,863314,261
Stock-based compensation9,041,05411,280,0177,057,4023,993,4242,504,872
Changes in operating assets and liabilities:
Accounts receivable1,315,510(2,968,780)(237,956)461,420(844,589)
Other current assets103,606(303,874)607,9991,512,768(3,094,467)
StartEngine Private stock purchases(71,537,333)(18,073,404)(4,357,083)——
Proceeds from sale of StartEngine Private stock62,248,09517,813,602———
Due from related parties(24,530)(170)———
Accounts payable448,090264,212(5,680)(289,469)227,695
Due from related parties——(317,007)——
Accrued liabilities3,471,0442,269,0241,779,073(837,376)1,426,916
Deferred revenue689,134(639,834)804,728(1,396,407)3,354,079
Net cash provided by (used in) operating activities12,285,480(4,275,484)(8,726,936)(7,094,758)(942,696)
Cash flows from investing activities:
Investments - Marketable Securities————4,052,686
Investments - Collectibles purchases, gross———(1,145,833)(1,926,394)
Investments - Real Estate————(2,136,628)
Investments - Collectibles sales, gross——417,421——
Purchase of property and equipment(11,706)(22,278)(23,737)(64,692)(55,639)
Proceeds from sale of real estate1,479,310225,170———
Net cash provided by investing activities1,467,604202,892393,684(1,210,525)(65,975)
Cash flows from financing activities:
Proceeds from sale of common stock13,468,4222,553,91310,162,0617,101,43215,180,999
Subscription Receivable———367,832(367,832)
Offering costs(10,307,175)(339,997)(4,719,370)(4,741,913)(11,471,836)
Proceeds from exercise of employee stock options630,63344,67586,39038,035128,324
Net cash provided by financing activities3,791,8802,258,5915,529,0812,765,3853,469,655
Increase (decrease) in cash and restricted cash17,544,964(1,814,001)(2,804,171)(5,539,898)2,460,984
Cash and restricted cash, beginning of period10,842,29712,656,29815,460,46921,000,36718,539,383
Cash and restricted cash, end of period28,387,26110,842,29712,656,29815,460,46921,000,367
Supplemental disclosures of cash flow information:
Cash paid for interest———00
Cash paid for income taxes94,606—67,11263,56390,863
Purchase of SeedInvest Intellectual Property with Common Stock——23,999,997——

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.