← Trident Digital Tech Holdings Ltd
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net loss | $1.2m | ($51k) | ($28k) | ($14k) | ($15k) | ($76k) | ($1.1m) | ($4.8m) | ($8.1m) | ($22.8m) | — | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | ($1.1m) |
($4.8m)
-322.68%
|
($8.1m)
-70.14%
|
($22.8m)
-180.19%
|
— | |
| Depreciation and amortization | $19k | — | — | — | — | — | $17k | $47k | $60k | $63k | $485k | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | — | — | — | — | $208k | — | |
| Amortization of right-of-use asset | — | — | — | — | — | — | $101k | $367k | $382k | $422k | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $118k | $414k | $442k | $485k | $485k | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $51k | ($89k) | ($89k) | |
| Deferred Income Tax | — | — | — | — | — | — | $0 | $0 | $0 | ($89k) | ($89k) | |
| Deferred Tax | — | — | — | — | — | — | $0 | $0 | $0 | ($89k) | ($89k) | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | — | — | $7.0m | $7.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $7.0m | $7.0m | |
| Non-employee share-based compensation | ($1.3m) | $0 | — | — | — | — | — | — | — | $7.0m | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($10k) | ($3k) | ($3.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $402k | ($589k) | ($1.9m) | $2.1m | $2.1m | |
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | — | — | ($38k) | $81k | ($83k) | $83k | |
| Accounts receivable | — | — | — | — | — | — | $71k | $38k | ($81k) | $83k | $83k | |
| Change In Receivables | — | — | — | — | — | — | $71k | ($54k) | $10k | $83k | $83k | |
| Changes In Account Receivables | — | — | — | — | — | — | $71k | $38k | ($81k) | $83k | $83k | |
| Increase (Decrease) in Accounts Payable | — | $81k | $4k | $2k | $5k | $9k | $166k | ($16k) | $120k | $650k | $650k | |
| Change in Accounts Payable | ($15k) | ($48k) | ($14k) | $2k | $783 | $46k | $20k | — | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $377k | $270k | ($464k) | $1.3m | $650k | |
| Deferred revenue | — | — | — | — | — | — | $461k | ($82k) | ($163k) | $108k | — | |
| Accrued expenses and other current liabilities | — | ($5k) | ($415) | $8k | $9k | $10k | $249k | $286k | ($542k) | $436k | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $249k | $286k | ($542k) | $436k | $436k | |
| Prepaid expenses and other current assets | — | — | — | — | — | — | ($112k) | ($309k) | ($868k) | $1.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $0 | $0 | ($243k) | $0 | $0 | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($127k) | ($341k) | ($382k) | ($402k) | ($402k) | |
| Net Cash Provided by (Used in) Operating Activities | ($200k) |
($18k)
+90.86%
|
($44k)
-138.74%
|
($2k)
+96.01%
|
($119)
+93.17%
|
($14k)
-11879.83%
|
($610k)
-4178.52%
|
($4.9m)
-710.25%
|
($9.5m)
-92.43%
|
($9.7m)
-2.16%
|
($9.7m)
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $0 | — | — | — | — | — | ($74k) | $140k | $3k | $93k | ($93k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | — | ($520) | $3.4m | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $3.8m | — | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | — | — | — | ($74k) | ($140k) | ($3k) | ($93k) | ($93k) | |
| Cash flows from financing activities: | ||||||||||||
| Gain on debt forgiveness | — | — | — | — | — | ($3k) | ($30k) | — | — | — | — | |
| Change in fair value of convertible debt | — | $5k | ($5k) | — | — | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.4m | $1.0m | $3.8m | $11.5m | $3.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $653k | $0 | $0 | $3.0m | $3.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($79k) | ($392k) | ($83k) | ($63k) | ($63k) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.1m | ($1.2m) | $1.5m | $8.0m | $8.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $574k | ($392k) | ($83k) | $3.0m | $3.0m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $509k | ($767k) | $1.6m | $5.0m | $5.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($318k) | ($2.2m) | ($2.3m) | ($3.5m) | ($63k) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $749k | $1.0m | $3.8m | $8.5m | $8.5m | |
| Short Term Debt Payments | — | — | — | — | — | — | ($239k) | ($1.8m) | ($2.2m) | ($3.4m) | ($3.4m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($229k) | ($74k) | $0 | $0 | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $9.0m | $2.0m | $2.0m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $9.0m | $2.0m | $2.0m | |
| Dividends paid | — | — | — | — | — | — | — | $74k | — | — | $0 | |
| Dividend distribution | — | — | — | — | — | — | ($229k) | ($74k) | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($229k) | ($74k) | $0 | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | $525k | $7.1m | ($2.4m) | — | ($2.2m) | |
| Net Cash from Financing Activities | $2k | — | — | — | — | — | ($55k) | — | — | — | — | |
| Net cash flows (used in) provided by financing activities: | — | $20k |
$43k
+115.00%
|
— | — | $275k |
($65k)
-123.64%
|
— | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | — | — | — | $1.4m |
$5.9m
+328.24%
|
$8.1m
+36.54%
|
$10.0m
+23.82%
|
$10.0m
0.00%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | — | $863k | ($1.6m) | ($44k) | $150k | |
| Cash, at beginning of the year | — | — | — | — | — | — | $945k | $1.8m | $194k | $150k | — | |
| Cash, beginning of year | — | — | — | — | $527 | $408 | $261k | — | — | — | — | |
| Cash, beginning of period | $1k | $1k | $3k | $2k | $527 | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $274k | $945k | $1.8m | $194k | $194k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | $1.8m | $194k | $150k | $150k | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | $43k | ($161k) | ($213k) | ($213k) | |
| Effect of exchange rate changes | — | — | — | — | — | — | ($23k) | $43k | ($161k) | ($213k) | ($213k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $18k | $23k | $10k | $7k | — | |
| Income Taxes Paid, Net | $0 | — | — | — | — | — | $49k | $34k | $0 | $0 | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | — | — | — | — | — | — | — | $3.9m | $6.5m | $15.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $208k | — | |
| Operating Expenses | — | — | — | — | — | — | — | $5.0m | $8.1m | $19.4m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | $205k | — | — | — | |
| Proceeds from Contributions from Affiliates | — | — | — | — | — | — | — | $8.2m | — | — | — | |
| (Reverse)/allowance for expected credit loss | — | — | — | — | — | — | — | $7k | $78k | ($80k) | — | |
| Contract cost assets | — | — | — | — | — | — | ($269k) | ($73k) | $203k | ($24k) | — | |
| Amounts due from related parties | — | — | — | — | — | — | — | ($92k) | $91k | — | — | |
| Amounts due to related parties | — | — | — | — | — | — | ($10k) | ($144) | ($42k) | $182k | — | |
| Operating lease liabilities | — | — | — | — | — | — | ($127k) | ($341k) | ($382k) | ($402k) | — | |
| Contribution and subscription fees advance from shareholders | — | — | — | — | — | — | $525k | $8.2m | — | — | — | |
| Deferred offering costs | — | — | — | — | — | — | — | ($903k) | ($2.4m) | — | — | |
| Proceeds from short-term bank loans | — | — | — | — | — | — | $653k | — | — | $467k | — | |
| Repayments of long-term bank loans | — | — | — | — | — | — | ($79k) | ($392k) | ($83k) | ($63k) | — | |
| Loans from related parties | — | — | — | — | — | — | $749k | $1.0m | $3.5m | $8.0m | — | |
| Repayment of loans from related parties | — | — | — | — | — | — | ($239k) | ($1.8m) | ($2.2m) | ($3.4m) | — | |
| Proceeds from convertible notes payable, net of offering cost | — | $20k | $43k | — | — | — | — | — | — | $3.0m | — | |
| Net decrease in cash | — | — | — | — | — | $261k | $672k | $863k | ($1.6m) | ($44k) | — | |
| Obtaining right-of-use assets in exchange for operating lease liabilities | — | — | — | — | — | — | $1.6m | $495k | — | $412k | — | |
| Change in Other Working Capital | $7k | — | — | — | — | — | ($3k) | ($155k) | $41k | $84k | $84k | |
| Net change in cash | ($200k) | $2k | ($721) | ($2k) | ($119) | $261k | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $1.4m | $5.9m | $8.1m | $10.0m | $10.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($74k) | ($140k) | ($3k) | ($93k) | ($93k) | |
| Change In Account Payable | — | — | — | — | — | — | $166k | ($16k) | $120k | $650k | $650k | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $672k | $863k | ($1.6m) | ($44k) | — | |
| Change In Income Tax Payable | — | — | — | — | — | $28k | ($28k) | $0 | $0 | — | $0 | |
| Change In Payable | — | — | — | — | — | — | $128k | ($16k) | $78k | $833k | $650k | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($112k) | ($309k) | ($868k) | $1.1m | $1.1m | |
| Change In Tax Payable | — | — | — | — | — | $28k | ($28k) | $0 | $0 | — | $0 | |
| Changes In Cash | — | — | — | — | — | — | $694k | $820k | ($1.5m) | $170k | $170k | |
| End Cash Position | — | — | — | — | — | — | $945k | $1.8m | $194k | $150k | $150k | |
| Financing Cash Flow | — | — | — | — | — | — | $1.4m |
$5.9m
+328.24%
|
$8.1m
+36.54%
|
$10.0m
+23.82%
|
$10.0m
0.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($684k) | ($5.1m) | ($9.5m) | ($9.8m) | ($9.8m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | $0 | $0 | $520 | $520 | |
| Investing Cash Flow | — | — | — | — | — | — | ($74k) | ($140k) | ($3k) | ($93k) | ($93k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($74k) | ($140k) | ($3k) | ($93k) | ($93k) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $0 | $7k | $78k | ($80k) | ($80k) | |
| Purchase Of PPE | — | — | — | — | — | — | ($74k) | ($140k) | ($3k) | ($93k) | ($93k) | |
| Stock Based Compensation | — | — | — | — | — | — | — | $0 | $0 | $7.0m | $7.0m |