$VIPZ Cashflow Statement | Understand Stock

$VIPZ

$0.34 -$0.01 (2.86%) Close

$VIPZ 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

	FY2026 12 months to Jun 30, 2026	FY2025 12 months to Jun 30, 2025	FY2024 12 months to Jun 30, 2024	FY2023 12 months to Jun 30, 2023	FY2022 12 months to Jun 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
Series C Preferred Stock
Total net loss

Expenses paid on behalf of the company by related party
Extinguishment of debt Gain (Loss)
Gain (loss) on assignment of assets
Depreciation and amortization
Amortization of debt issuance costs
Amortization of debt issuance costs – related party
Issuance of warrants for consulting services
Loss on sale of equipment
Fair value of vested incentive stock options
Discount on related party note payable
Issuance of common stock for consulting services
Impairment expense
Stock-based compensation
Amortization of debt discount
Change in fair value of derivative liability
Changes in operating assets and liabilities:
Inventory
Prepaid expenses:
Prepaid expenses and other current assets
Related party receivables
Accounts payable and accrued expenses
Accounts payable and accrued expenses - related party
Accrued expenses - related party
Players balances

Net cash used in operating activities

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment
Proceeds from sale of equipment
Cash paid for capitalized gaming license
Cash paid for assets acquired in the ZenSports transaction
Cash paid for capitalized software
Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of amounts due to related party
Cash paid for repurchase of Series A convertible preferred stock
Series A Preferred Stock
Series C Preferred Stock
Total cash paid for repurchase of Series A convertible preferred stock
Cash paid for repurchase of Series C convertible preferred stock
Proceeds from issuance of common stock
Proceeds from issuance of Series C convertible preferred stock
Proceeds from line of credit, related party
Proceeds from note payable, related party
Repayments of note payable, related party
Proceeds from convertible notes
Proceeds from note payable – current
Repayments of convertible note
Cash received in satisfaction of stock subscriptions receivable
Net cash provided by financing activities

NET CHANGE IN CASH AND CASH RESERVED FOR USERS
CASH AT END OF PERIOD
CASH AND CASH RESERVED FOR USERS AT BEGINNING OF PERIOD
CASH AND CASH RESERVED FOR USERS AT END OF PERIOD
DISCLOSURE OF CASH AND CASH RESERVED FOR USERS:
CASH
CASH RESERVED FOR USERS
SUPPLEMENTAL INFORMATION:
Income taxes paid
Interest paid

SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING AND INVESTING ACTIVITIES:
Common stock issued for acquisition of assets of ZenSports Inc.
Zensports Inc
Total common stock issued for acquisition of assets of ZenSports Inc.
Common stock issued for common control transaction
Note payable issued for purchase of Series C convertible preferred stock
Series C shares issued for subscription receivable
Series B shares issued upon conversion of debt
Deemed dividends on purchase of Series C Convertible preferred stock
Derivative liability associated with convertible note issuance
Common stock and warrants issued for offering costs
Insurance financing
Payoff of related party note payable with related party line of credit
Common stock issued upon conversion of debt
Derivative and warrants issued for deferred financing costs
Note receivable received in common-control transaction
Related-party receivable settled in common-control transaction
Additional Paid-In Capital recognized in association with common control transaction

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