← XCHG Ltd

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — $1.6m ($8.1m) ($11.9m) ($32.5m)
Net Income (Loss) Attributable to Parent — $1.6m ($8.1m) ($11.9m) ($32.5m)
Net Income (Loss) Available to Common Stockholders, Basic — $1.6m ($10.5m) $0 $0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($8.1m) ($11.9m) ($32.5m)
Depreciation, Depletion and Amortization — $138k $203k $233k $275k
Amortization of Intangible Assets — — $30k $27k $0
Depreciation — $138k $173k $206k $275k
Depreciation Amortization Depletion — $138k $203k $233k $275k
Deferred Income Tax Expense (Benefit) — — — — $0
Share-based Payment Arrangement, Noncash Expense — — $7.5m $7.0m $20.9m
Share-based Payment Arrangement, Expense — — $7.5m $7.0m $20.9m
Share-based compensation — — $7.5m $7.0m $20.9m
Asset Impairment Charge — $272k $474k $464k $532k
Gain (Loss) on Disposition of Property Plant Equipment — $8k ($2k) — —
Gain (Loss) on Extinguishment of Debt — — — $233k —
Income (Loss) from Equity Method Investments — — — — $12k
Operating lease liabilities — ($270k) ($345k) ($458k) ($460k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — $5.1m ($668k) ($4.7m)
Increase (Decrease) in Inventories — — $663k $1.3m $1.8m
Increase (Decrease) in Accounts Payable — — ($860k) $2.4m ($2.1m)
Foreign Currency Transaction Gain (Loss), Unrealized — — $206k ($218k) $546k
General and Administrative Expense — — $14.0m $10.8m $26.6m
Inventory Write-down — — $156k $43k $5k
Operating Expenses — — $24.5m $33.3m $44.3m
Net loss — $1.6m ($8.1m) ($11.9m) ($32.5m)
Allowance for credit losses — $323k $185k $127k $825k
Write-down of inventories — $0 $156k $43k $5k
Reduction in the carrying amount of right-of-use assets — $272k $318k $421k $527k
Changes in fair value of financial instruments — $191k $1.5m $88k ($128k)
Unrealized foreign currency transaction (gain) loss — ($423k) ($206k) $218k ($546k)
Accounts receivable — ($3.6m) ($5.1m) $668k $4.7m
Amounts due from related parties — ($256k) ($469k) ($1.3m) ($745k)
Inventories — ($3.4m) ($663k) ($1.3m) ($1.8m)
Prepayments and other assets — ($410k) $167k ($4.7m) $2.9m
Accounts payable — $4.1m ($860k) $2.4m ($2.1m)
Contract liabilities — $1.2m ($1.5m) $2.0m $711k
Amounts due to a related party — — — $127k $35k
Accrued expenses and other current liabilities — $1.5m $1.6m ($689k) ($35k)
Other non-current liabilities — ($8k) $72k $89k ($80k)
Proceeds from collection of the loan to a related party of a shareholder — $1.4m $2.9m $56k —
Cash paid for purchase of property and equipment and intangible assets — ($214k) ($526k) ($614k) ($677k)
Proceeds from short-term bank borrowings — $6.4m $6.3m $8.5m $4.2m
Repayment of short-term bank borrowings — ($3.8m) ($4.6m) ($7.3m) ($6.8m)
Interest free advances to the Founders and executive officers — ($244k) ($705k) — —
Proceeds from collection of advances to the Founders and executive officers — — $272k $676k —
Payments of initial public offering ("IPO") cost — ($121k) ($1.5m) ($1.9m) —
Payments of initial public offering ("IPO") cost and follow-up offering cost — — ($1.5m) ($1.9m) ($1.8m)
Accrual of IPO cost — $198k — $1.2m —
Accrual of IPO and follow-up offering cost — — — $1.2m $523k
Beginning Cash Position — $4.8m $8.7m $15.7m $26.8m
Cash Flow From Continuing Financing Activities — $2.3m $10.7m $19.1m ($4.3m)
Cash Flow From Continuing Investing Activities — $1.2m $2.3m ($534k) ($1.5m)
Change In Account Payable — $4.1m ($860k) $2.4m ($2.1m)
Change In Accrued Expense — $1.5m $1.6m ($689k) ($35k)
Change In Inventory — ($3.4m) ($663k) ($1.3m) ($1.8m)
Change In Other Current Liabilities — ($277k) ($274k) ($370k) ($540k)
Change In Other Working Capital — $1.2m ($1.5m) $2.0m $711k
Change In Payable — $4.1m ($860k) $2.5m ($2.1m)
Change In Payables And Accrued Expense — $5.5m $755k $1.9m ($2.1m)
Change In Prepaid Assets — ($410k) $167k ($4.7m) $2.9m
Change In Receivables — ($3.9m) ($5.5m) ($662k) $4.0m
Change In Working Capital — ($1.2m) ($7.1m) ($3.2m) $3.1m
Changes In Account Receivables — ($3.6m) ($5.1m) $668k $4.7m
Changes In Cash — $4.3m $7.4m $11.4m ($13.4m)
End Cash Position — $8.7m $15.7m $26.8m $13.9m
Financing Cash Flow — $2.3m $10.7m $19.1m ($4.3m)
Free Cash Flow — $635k ($6.1m) ($7.8m) ($8.2m)
Gain Loss On Sale Of PPE — $8k $2k $0 $0
Investing Cash Flow — $1.2m $2.3m ($534k) ($1.5m)
Issuance Of Capital Stock — $0 $0 $19.1m $0
Net Foreign Currency Exchange Gain Loss — ($423k) ($206k) $218k ($546k)
Net PPE Purchase And Sale — ($214k) ($526k) ($614k) ($677k)
Net Preferred Stock Issuance $15.9m $0 $0 — —
Operating Gains Losses — ($415k) ($204k) ($15k) ($546k)
Other Non Cash Items $219k ($72k) — — $12k
Preferred Stock Issuance $16.1m $0 $0 — —
Preferred Stock Payments ($181k) $0 $0 — —
Provisionand Write Offof Assets — $323k $185k $127k $825k
Purchase Of PPE — ($214k) ($526k) ($614k) ($677k)
Repurchase Of Capital Stock ($181k) $0 $0 — —
Stock Based Compensation — $0 $7.5m $7.0m $20.9m
Unrealized Gain Loss On Investment Securities — $191k $1.5m $88k ($128k)
Net Cash Provided by (Used in) Operating Activities — $849k ($5.6m) ($7.2m) ($7.5m)
Cash flows from investing activities:
Net Other Investing Changes — $1.4m $2.8m $80k ($822k)
Net Cash Provided by (Used in) Investing Activities — $1.2m $2.3m ($534k) ($1.5m)
Cash flows from financing activities:
Issuance Of Debt — $6.4m $17.4m $15.5m $4.2m
Net Issuance Payments Of Debt — $2.6m $12.7m $1.3m ($2.6m)
Net Short Term Debt Issuance — $2.6m $12.7m $1.3m ($2.6m)
Short Term Debt Issuance — $6.4m $17.4m $15.5m $4.2m
Repayment Of Debt — ($3.8m) ($4.6m) ($14.3m) ($6.8m)
Short Term Debt Payments — ($3.8m) ($4.6m) ($14.3m) ($6.8m)
Proceeds from Issuance of Common Stock — — — $19.1m —
Common Stock Issuance — $0 $0 $19.1m $0
Net Common Stock Issuance — $0 $0 $19.1m $0
Net Other Financing Charges — ($365k) ($2.0m) ($1.2m) ($1.8m)
Net Cash Provided by (Used in) Financing Activities — $2.3m $10.7m $19.1m ($4.3m)
Effect of foreign currency exchange rate changes on cash and cash equivalents and restricted cash — ($507k) ($411k) ($333k) $487k
Effect Of Exchange Rate Changes — ($507k) ($411k) ($333k) $487k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $7.0m $11.1m ($12.9m)
Net increase (decrease) in cash, cash equivalents and restricted cash — $3.8m $7.0m $11.1m ($12.9m)
Cash, cash equivalents and restricted cash at the beginning of the year — $8.7m $15.7m $26.8m $13.9m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — $3.8m $7.0m $11.1m ($12.9m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — $119k $77k $213k $128k
Income Taxes Paid, Net — $0 $0 $83k $45k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.