Sono Group N.V.
For the period ended Dec 31, 2025. Filed Apr 1, 2026.
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FY2025 · Filed Apr 1, 2026
SSM$0.96+3.9%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
| Year ended | ||
|---|---|---|
| December 31, 2025 KEUR | December 31, 2024 KEUR | |
| Cash Flows from Operating Activities | ||
| Net income (loss) | 4,015 | 65,026 |
| Adjustments to reconcile net income to net cash used in operating activities | ||
| Depreciation of property, plant and equipment | 31 | 18 |
| Stock based compensation | - | (19) |
| Gain on reconsolidation | - | (62,554) |
| Income from changes in fair value of convertible note payable carried at fair value | (11,108) | (8,923) |
| Non-cash lease expense | 56 | 49 |
| Other non-cash (income) / expense | (632) | 357 |
| Changes in operating assets and liabilities: | ||
| Inventory | (25) | (304) |
| Prepaid taxes | 428 | 150 |
| Prepaid expenses and other | (15) | 675 |
| Accounts payable and accrued expenses | 535 | 5,106 |
| Lease Liability | (56) | (49) |
| VAT payable | (487) | (13,862) |
| Other current liabilities | 4 | - |
| Net cash used in operating activities | (7,254) | (14,330) |
| Cash Flows from Investing Activities | ||
| Acquisition of property and equipment | - | (80) |
| Reconsolidation of the Subsidiary cash balance | - | 1,305 |
| Net cash provided by (used in) investing activities | - | 1,225 |
| Cash Flows from Financing Activities | ||
| Proceeds from the issuance of convertible notes | 5,990 | 7,000 |
| Proceeds from the issuance of shares from conversion of employee options | 3 | - |
| Proceeds from issuance of Ordinary Shares in private placement | 85 | - |
| Net cash provided by financing activities | 6,078 | 7,000 |
| Effect of currency translation on cash | 28 | 47 |
| Net decrease in cash | (1,148) | (6,058) |
| Cash at December 31, 2024 | 1,354 | 7,412 |
| Cash at December 31, 2025 | 206 | 1,354 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid during the period for interest | – | – |
| Cash paid during the period for income tax | – | – |
| Non-cash investing and financing activities: | ||
| Convertible debt exchanged for preferred stock | 18,471 | – |
**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.