v3.25.3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities
Net loss	$ (13,367,699)	$ (856,082)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	89,874	39,823
Change in fair value of digital assets	4,997,173
Accretion of note payable discount	20,000
Non cash interest expense	176,176	56,331
Stock based compensation	1,167,775	182,400
Non-cash professional fees	4,894,750
Non cash lease expense	(1,045)	(34)
Provision for bad debt and write-off on uncollectable accounts	1,945	5,563
Foreign exchange (gain)/loss	552
Changes in operating assets and liabilities:
Accounts receivable	267,977	(30,403)
Inventory	(66,416)	(46,921)
Prepaid expenses	(2,399,204)	(142,084)
Deferred revenue	428,093	(10,395)
Due to related parties	(187,825)	(12,270)
Accounts payable and accrued liabilities	181,222	14,308
Net cash used in operating activities	(3,796,652)	(799,764)
Investing activities
Purchase of property and equipment	(11,738)	(6,465)
Purchase of digital assets	(142,500,000)
Net cash used in investing activities	(142,511,738)	(6,465)
Financing activities
Proceeds from at-the-market offering	21,357,562
Proceeds from private placement of pre-funded warrants, net	137,907,255
Proceeds from exercise of warrants	370,288
Payments of deferred offering costs	(786,725)
Repayments of notes payable	(660,000)
Repayments of loans due to related parties	(425,241)
Net cash provided by financing activities	157,763,139
Effect of exchange rate changes on cash and cash equivalents	(1,151)
Net increase (decrease) in cash	11,453,598	(806,229)
Cash and cash equivalents at beginning of period	1,460,997	2,016,611
Cash and cash equivalents at the end of period	12,914,595	1,210,382
Supplementary cash flow disclosure
Cash paid for interest	80,237
Supplementary schedule of non-cash investing and financing activities
Debt to equity conversion	3,930,314
Digital assets received in connection with pre-funded warrants	$ 26,349,890

Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481639/420-10-35-4

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

CleanCore Solutions, Inc. 10-Q