7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 
      
    		     
      operating activities
    		     
      net income
    		-7,594,583 -21,308,721 -3,113,362 -2,491,736 -4,668,247 
      adjustments to reconcile net income to net cash from operating activities:
    		     
      equity-based compensation
    		978,789   167,800 0 
      amortization of right-of-use assets
    		80,614     
      depreciation
    		108,336 19,541 19,976   
      r&d acquisition paid in equity
    		   0  
      changes in fair value of contingent liability
    		401,500     
      change in assets and liabilities:
    		     
      prepaid expenses
    		-747,862 951,472 -789,747 -303,759 104,789 
      deposits
    		-100,000   0 0 
      accounts receivable
    		     
      accounts payable and accrued liabilities
    		-1,938,045 1,636,244 137,774 529,868 -67,897 
      due to related parties
    		11,667 30,000 -25,000 25,000 -25,000 
      lease liabilities
    		-42,946     
      contingent liability
    		  524,250 -451,500  
      net cash from operating activities
    		-9,092,530 -2,378,453 -3,242,526 -2,510,351 -2,544,591 
      capex
    		-175,628 0 0 0 0 
      free cash flows
    		-9,268,158 -2,378,453 -3,242,526 -2,510,351 -2,544,591 
      investing activities
    		     
      in-process research and development
    		0     
      additions to property, plant and equipment
    		-175,628     
      net cash from investing activities
    		-175,628 -9,140,891 -3,560,000   
      financing activities
    		     
      proceeds from common stock issuances
    		105,000,003 0 101,400,012 20,700,000 11,787,500 
      offering costs
    		-6,017,700 0 -9,058,856 -2,146,424  
      proceeds from exercise of warrants
    		1,269,779 6,373,122 8,014,286   
      proceeds from exercise of stock options
    		648,000 429,000 1,207,500   
      proceeds from stock subscriptions
    		     
      payment of deferred offering costs
    		    0 
      net cash from financing activities
    		100,900,082 6,802,122 101,562,942 -16,490,532 10,379,095 
      net increase in cash and cash equivalents
    		91,631,924     
      cash and cash equivalents, beginning of period
    		0 0 28,507,257   
      cash and cash equivalents, end of period
    		91,631,924 -4,717,222 123,267,673   
      non-cash transactions:
    		     
      conversion from mezzanine equity to stockholders’ equity
    		    0 
      inception of right-of-use asset / lease liability
    		     
      inception of right-of-use asset / liability
    		     
      amortization of right-of-use asset
    		  43,918   
      lease liability
    		  -40,335 -39,056 61,249 
      deposits, current
    		  -3,560,000   
      net increase in cash
    		  94,760,416 14,717,725 7,834,504 
      amortization of right of use asset
    		   42,639 42,015 
      increase in long-term investments
    		     
      cash and cash equivalents, beginning of year
    		     
      cash and cash equivalents, end of year
    		     
      non-cash supplemental disclosures
    		     
      right of use assets acquired in exchange for new operating lease liabilities
    		     
      inception of right of use asset / liability
    		    0 
      4
    		     
      cash, beginning of period
    		     
      cash, end of period
    		     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.