Big Digital Energy, Inc.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
BGDE$3.20-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| For the Years Ended December 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net loss | $(46,336,787) | $(58,545,093) | ||
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||
| Depreciation and amortization | 17,877,770 | 38,080,506 | ||
| Amortization of operating lease right-of-use asset | 958,571 | 1,436,186 | ||
| Foreign exchange loss (gain) | (1,626,705) | 1,644,484 | ||
| Stock based compensation | 14,064,883 | 10,834,838 | ||
| Unrealized loss on derivative asset | 1,173,104 | 7,241,883 | ||
| Share of loss of from equity accounted method investments | - | 36,356 | ||
| (Gain) loss on sale of marketable securities | - | (1,437,230) | ||
| Loss on sale of property, plant and equipment | 18,262 | 137,427 | ||
| Non-cash interest expense | 3,079,113 | 1,624,537 | ||
| Loss on lease termination | 312,375 | - | ||
| Profit on sale of site | - | (3,353,130) | ||
| (Gain) loss on deconsolidation | 12,959,923 | (9,472,976) | ||
| Impairment on equity accounted method investment | - | 1,837,063 | ||
| Changes in operating assets and liabilities: | ||||
| Trade and other receivables | (3,062,342) | (3,907,067) | ||
| Operating lease liabilities | (771,190) | (1,511,688) | ||
| Other current assets | (1,271,220) | 2,040,999 | ||
| Trade and other payables | 6,186,846 | 10,767,241 | ||
| Net cash (used in) provided by operating activities | 3,562,603 | (2,545,664) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Capital expenditures | (1,957,902) | (5,352,024) | ||
| Proceeds from sale of site | - | 8,107,508 | ||
| Proceeds from sales of property, plant and equipment | 838,864 | 1,059,290 | ||
| Proceeds from sale of marketable securities | - | 6,926,843 | ||
| Net cash provided by (used in) investing activities | (1,119,038) | 10,741,617 | ||
| CASH FLOWS FROM FINANCING ACTIVITES | ||||
| Proceeds from common share issuances | - | 6,192,845 | ||
| Payments of stock issuance costs | - | (380,950) | ||
| Proceeds from loans | - | 2,043,360 | ||
| Payment of finance lease liabilities | (330,067) | (38,176) | ||
| Payments of loans | (500,000) | (12,464,358) | ||
| Net cash used in financing activities | (830,067) | (4,647,279) | ||
| Effect of exchange rate changes on cash and cash equivalents | - | (18,600) | ||
| Net increase in cash and cash equivalents | 1,613,498 | 3,530,074 | ||
| Cash and cash equivalents at beginning of period | 4,476,339 | 946,265 | ||
| Cash and cash equivalents at end of period | $6,089,837 | $4,476,339 | ||
| Supplemental disclosure of cash flow information | ||||
| Cash paid for interest | $18,527 | $1,424,233 | ||
| Cash paid for income taxes | $896,247 | $ | - | |
| Non-cash transactions | ||||
| Recognition of right of use operating asset and lease liability | $2,634,550 | $923,651 | ||
| Accrued interest on convertible notes settled in common stock | $ | - | $276,959 | |
See accompanying notes to consolidated financial statements.
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