← MicroAlgo Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Depreciation and amortization | $9.6m | $9.2m | $1.0m | $331k | $326k | |
| Deferred Income Tax (CF) | ($1.8m) | ($3.9m) | ($2.7m) | $548k | ($3k) | |
| Impairment loss for goodwill | $18.5m | $35.5m | $106.3m | — | — | |
| Asset Impairment Charges | — | $13.7m | $6.6m | — | — | |
| Income Tax Expense | $4.4m | $1.3m | $235k | $106k | $16k | |
| Interest Expense | $113k | $20k | $125k | $759k | $759k | |
| Net loss | $54.7m | ($46.5m) | ($266.2m) | $52.4m | $127.6m | |
| Provision for Doubtful Accounts (CF) | $1.4m | $6.0m | ($1.3m) | ($4.9m) | $9.6m | |
| Stock-Based Compensation Expense | — | — | $119.6m | — | — | |
| Loss/(Gain) from short-term investments-unrealized & realized | — | $1.1m | ($124k) | ($16.2m) | ($132.3m) | |
| Loss from disposal of subsidiaries | — | ($66k) | — | $54.7m | — | |
| Accounts receivables | $32.5m | ($6.4m) | ($351k) | ($703k) | ($19.9m) | |
| Inventories | ($4.1m) | $4.6m | $909k | — | — | |
| Prepaid services fees | ($15.5m) | $1.7m | ($22.6m) | ($4.6m) | $1.5m | |
| Other receivables and prepaid expenses | ($1.5m) | $959k | — | $3.8m | ($6.3m) | |
| Prepaid expenses and deposits | $68k | $126k | — | — | $17k | |
| Accounts payable | $2.5m | $948k | $6.7m | ($2.3m) | $8.7m | |
| Deferred revenues | $6.8m | ($2.3m) | ($833k) | ($7.0m) | $3.7m | |
| Other payables and accrued liabilities | $1.8m | ($367k) | $7.5m | ($52.2m) | $17.3m | |
| Taxes payable | ($4.5m) | ($382k) | $137k | $5.4m | $7.0m | |
| Loss of long-term investment | — | — | — | — | $151 | |
| Proceeds from disposal of long-term investments | — | — | $1.3m | — | — | |
| Proceeds from disposal/(Purchases) of property and equipment | ($232k) | ($1.1m) | $438k | ($29k) | ($8k) | |
| Proceeds from Investments | $103.3m | $108.7m | $1.3m | $251.0m | $79.7m | |
| Loan to related party | — | — | — | ($1.1m) | — | |
| Loan to Parent | — | ($38.6m) | — | ($17.4m) | — | |
| Proceeds from Parent | $20.6m | $84.4m | $37.5m | — | — | |
| Payments to bank borrowings | ($20.5m) | — | — | ($16.6m) | ($15.0m) | |
| Stock issuance | — | — | — | $129.0m | — | |
| Shares converted from convertible notes payable | — | — | — | $547.9m | $1.2b | |
| Operating Cash Flow | $622k | $2.0m | ($6.4m) | $4.1m | $2.5m | |
| Cash Flow From Continuing Operating Activities | $622k | $2.0m | ($6.4m) | $4.1m | $2.5m | |
| Net Cash from Operating Activities | $622k | $742k | $587k | $1.1m | $1.0m | |
| Net cash (used in)/provided by operating activities | $98.5m | $13.2m | ($45.4m) | $29.3m | $17.4m | |
| Purchases of short term investments | ($103.3m) | ($109.8m) | ($18.4m) | ($366.0m) | ($936.0m) | |
| Net cash (used in) investing activities | ($41.8m) | $18.6m | ($16.7m) | ($124.6m) | ($856.3m) | |
| Proceeds from Debt Issuance | $5.6m | — | $25.6m | $697.0m | $1.1b | |
| Net cash provided by financing activities | ($25.1m) | ($16.3m) | $76.6m | $809.0m | $1.1b | |
| Effect of Exchange Rate on Cash | ($1.4m) | $9.9m | $5.1m | $5.0m | ($50.2m) | |
| CHANGE IN CASH AND CASH EQUIVALENTS | $30.2m | $25.3m | $19.5m | $718.7m | $193.1m | |
| CASH AND CASH EQUIVALENTS, at beginning of year | $272.4m | $297.7m | $317.2m | $1.0b | $1.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.