$ORBS Cashflow Statement | Understand Stock

$ORBS

$0.78 -$0.02 (2.38%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022
Cash flows from operating activities:
Net (loss) income
Net income (loss)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization
Amortization of debt issuance costs
Amortization of prepaid share-based compensation
Impairments
Loss on issuance of warrants
Reserves for obsolescence
Share-based compensation
Reserves for bad debts
Gain on disposal
Gain on extinguishment of liabilities
Gain on forgiveness of earnout
Change in fair value of digital assets
Changes in assets and liabilities, net of acquisition:
Accounts receivable
Inventories
Prepaid expenses and other current assets
Accounts payable
Accrued expenses and other current liabilities
Deferred taxes
Discontinued operations
Net cash used in operating activities
Cash flows from investing activities:
Purchases of property and equipment
Purchase of license agreement
Cash from acquisition of Forever 8 Fund, LLC
Proceeds from sale of assets
Purchases of property and equipment – continuing operations
Purchase of digital assets
Investment in Mythical Games
Purchases of property and equipment – discontinued operations
Proceeds from sale of assets of Ferguson Containers, Inc.
Repayments under loan held-for-investment
Net cash used in investing activities

Cash flows from financing activities:
Net proceeds from issuance of common stock
Net borrowings under lines of credit
Net borrowings under convertible notes
Net repayments under notes payable – related parties
Repurchase of common stock from shareholders upon distribution
Due to (from) Former Parent
Fees paid to placement agent
Fees paid for financing costs
Repayments under notes payable – related parties
Repayments under convertible notes payable – related parties
Repayments under convertible notes payable
Repurchase of warrants from noteholders
Distributions
Net cash provided by financing activities

Net increase in cash and cash equivalents
Cash and cash equivalents, beginning of the year
Cash and cash equivalents, end of the year
Supplemental disclosure of cash flow information:
Cash paid for interest
Right of use assets
Operating lease liabilities
Convertible shares under notes payable
Issuance of warrants to noteholders and placement agent
Original issue discount
Accrued placement agent fees for equity placement
Purchase of property, plant and equipment through settlement of portion of loan held-for-investment
Fair value of preferred units of Forever 8 Fund, LLC issued in the acquisition reflected as additional paid in capital
Accrual for contingent consideration for acquisition of Forever 8 Fund, LLC
Convertible shares under notes payable – related party
Issuance of common stock to line of credit holders
Forgiveness of interest – related parties
Forgiveness of debt – related parties
Issuance of common stock to vendors for future services
Issuance of common stock to employees and directors for settlement of liabilities
Issuance of common stock to vendors for settlement of liabilities
Issuance of common stock to noteholders for settlement of accrued interest
Issuance of common stock to noteholders for settlement of cash warrant liabilities
Shares reserved for future issuance of common stock to debt holders for interest 8
Forgiveness of debt and interest – related parties
Issuance of common stock for forgiveness of debt and interest – related parties

Deconsolidation of assets of Corrugated Business:
Cash and cash equivalents
Ferguson Containers, Inc.
Total cash and cash equivalents
Accounts receivable
Ferguson Containers, Inc.
Total accounts receivable
Inventory
Ferguson Containers, Inc.
Total inventory
Prepaid expenses and other current assets
Ferguson Containers, Inc.
Total prepaid expenses and other current assets
Property and equipment
Ferguson Containers, Inc.
Total property and equipment
Accounts payable
Ferguson Containers, Inc.
Total accounts payable
Accrued expenses and other current liabilities
Ferguson Containers, Inc.
Total accrued expenses and other current liabilities

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