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Lite Strategy, Inc.

For the period ended Jun 30, 2026. Filed Sep 28, 2026.

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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.

FY2026 · Filed Sep 28, 2026

LITS$0.96+0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

For the Fiscal Year Ended June 30,
20262025
Cash flows from operating activities:
Net loss$(71,150)$(15,945)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of digital assets54,408—
Change in fair value of digital assets receivable, net5,653—
Share-based compensation1,288(144)
Gain on derivative liabilities, net(813)—
Noncash asset management and advisory expense2,521—
Noncash lease expense—214
Depreciation expense—368
Loss on disposal of property and equipment—14
Gain on disposition of a nonfinancial asset—(500)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets(51)2,150
Other long-term assets(652)—
Accounts payable85(2,992)
Accrued liabilities(410)(4,009)
Net cash used in operating activities(9,121)(20,844)
Cash flows from investing activities:
Purchases of digital assets(100,000)—
Proceeds from sale of digital assets5,040—
Net proceeds from written Covered Call Options853—
Purchase of SAFE Investment(1,000)—
Proceeds from maturity of short-term investments—34,640
Proceeds from sale of property and equipment—10
Proceeds from the disposition of a nonfinancial asset—500
Net cash (used in) provided by investing activities(95,107)35,150
Cash flows from financing activities:
Proceeds from the issuance of Common Stock and Pre-Funded Warrants in July 2025, net of offering costs92,190—
Proceeds from issuance of Common Stock through our ATM Program, net of issuance costs4,628—
Repurchase of Common Stock(4,895)—
Net cash provided by financing activities91,923—
Net (decrease) increase in cash and cash equivalents(12,305)14,306
Cash and cash equivalents at beginning of the year18,0113,705
Cash and cash equivalents at end of the year$5,706$18,011
Supplemental cash flow information:
Issuance of Advisory Warrants for services rendered in the July 2025 PIPE$16,215$—
Issuance of Pre-Funded Warrants to asset manager in lieu of cash fees$1,875$—
Issuance of Advisory Warrants in lieu of cash fees$756$—
Digital assets transferred to digital assets receivable, net$15,093$—
Digital assets returned by GSR Markets$1,813$—
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.