$SNAL Cashflow Statement | Understand Stock

$SNAL

$2.36 -$0.05 (2.07%) Close

$SNAL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

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 income (loss)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization – intangible assets, net
License - related parties
License
License Rights, Related Parties
Other Intangible Assets
Nonrelated Party
Related Party
Total amortization – intangible assets, net

Amortization - loan origination fees and debt discounts
Amortization – film assets
Amortization – loan origination fees and debt discounts
Accretion – convertible notes
Loss on change in fair value of convertible notes
(Gain) loss on change in fair value of warrant liabilities
Depreciation – property and equipment
Impairment of film assets
Impairment of intangible assets
Gain on remeasurement of previously held equity interest
Stock-based compensation expense (income)
Gain on lease termination
Gain on paycheck protection program and economic injury disaster loan forgiveness
Loss on disposal of fixed assets
Interest income from shareholder loan
Interest income from restricted escrow deposit
Credit losses
Deferred taxes, net

Changes in assets and liabilities, net of business acquisitions:
Accounts receivable
Accounts receivable – related party
Prepaid expenses - related party
Prepaid expenses – related party
Prepaid expenses and other current assets
Prepaid taxes
Other noncurrent assets
Accounts payable
Accounts payable – related parties
Accrued expenses and other liabilities
Interest receivable - related party
Interest payable - related parties
Interest receivable - related parties
Loan and interest receivable – related party
Lease liabilities
Deferred revenue

Net cash used in operating activities
Cash flows from investing activities:
Repayment on loan provided by related party
Acquisition of software
Acquisition of software licenses
Investments in software
Net cash paid for acquisition of Matrioshka
Acquisition of fixed assets
Proceeds from sale of property and equipment
Repayment on Pound Sand note
Net cash used in investing activities

Cash flows from financing activities:
Repayments on promissory note
Repayments on notes payable
Repayments on convertible notes
Repayments on revolving loan
Borrowings on notes payable
Borrowings on short-term note
Borrowings on revolving loan
Borrowings on term loan
Cash proceeds from exercise of warrants
Refund of dividend withholding tax overpayment
Payments on paycheck protection program and economic injury disaster loan
Refund of payments on paycheck protection program and economic injury disaster loan
Cash dividend declared and paid
Purchase of treasury stock
Proceeds from initial public offering, net of offering costs
Warrants issued to underwriters
Payment of capitalized offering costs
Payments of capitalized offering costs
Proceeds on issuance of convertible notes
Payments of loan origination fees
Payments of offering costs in accounts payable
Release of restricted escrow deposit
Release of escrow deposit
Net cash provided by (used in) financing activities

Effect of foreign currency translation on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents
Cash and cash equivalents, and restricted cash and cash equivalents – beginning of the year
Cash and cash equivalents, and restricted cash and cash equivalents – end of the year
Supplemental disclosures of cash flow information
Cash paid during the year for:
Interest
Loan and interest payable - related parties
Loan and interest receivable - related parties
Loan and interest from shareholder
Income taxes

Noncash transactions during the year for:
Loan and interest payable - related parties
Loan and interest receivable - related parties
Loan and interest from shareholder
Issuance of warrants in connection with the equity line of credit
Gain on paycheck protection program and economic injury disaster loan forgiveness
Snail Games USA common stock transferred due to reorganization
Snail, Inc. common stock and additional paid-in capital transferred due to reorganization
Offering costs included in accounts payable
Funding of the escrow deposit
Change in fair value of notes recorded in accumulated other comprehensive income
Debt converted to equity
Right-of-use assets obtained in exchange for a lease liability
Liabilities converted to equity upon exercise of warrants
Acquisition of software in accounts payable – related parties
Acquisition of license rights in accrued expenses and other liabilities
Acquisition of software and software licenses in accounts payable and accrued expenses
Net assets acquired in a business combination
Acquisition of software licenses in accounts payable – related parties
Acquisition of software license paid in prior years

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