Reborn Coffee, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
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 31, 2025
REBN$1.19-1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 · 2023 | |||
| Cash flows from operating activities: | |||
| Net loss | $(4,805,948) | $(4,725,123) | |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | |||
| Stock compensation | 600,061 | 285,000 | |
| Stock issued for services | 187,152 | - | |
| Operating lease | (64,180) | 256,618 | |
| Depreciation | 391,263 | 262,019 | |
| Changes in operating assets and liabilities: | |||
| Decrease (increase) in accounts receivable | (10,371) | (56,158) | |
| Decrease (increase) in inventories | 15,446 | (52,718) | |
| Decrease (increase) in other assets, net | 124,035 | (71,822) | |
| Increase (decrease) in accounts payable | (53,218) | 544,944 | |
| Increase (decrease) in accrued liabilities, net | 163,536 | 378,237 | |
| Net cash used in operating activities | (3,452,224) | (3,179,003) | |
| Cash flows from investing activities: | |||
| Acquisition of property and equipment | (1,109,374) | (2,413,257) | |
| Proceeds from disposal of assets | 132,157 | - | |
| Net cash used in investing activities | (977,217) | (2,413,257) | |
| Cash flows from financing activities: | |||
| Proceeds from issuance of common stock | 4,283,980 | - | |
| Proceeds from common stock issuable | 1,470,000 | ||
| Repayent of borrowings from shareholder | (100,000) | - | |
| Proceeds frm loan payable to others | (181,954) | - | |
| Proceeds frm line of credit | - | 1,000,000 | |
| Repayent of loan payable, PPP | (33,472) | - | |
| Proceeds from loan payable to financial institutions | - | 1,784,628 | |
| Repayments of loan payable to financial institutions | (1,015,199) | (47,102) | |
| Net cash provided by financing activities | 4,423,355 | 2,737,526 | |
| Net increase (decrease) in cash | (6,086) | (2,854,734) | |
| Cash at beginning of year | 164,301 | 3,019,035 | |
| Cash at end of year | $158,215 | $164,301 | |
| Supplemental disclosures of non-cash investing and financing activities: | |||
| Conversion of credit line to common stock issuances | $ | - | $1,000,000 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid during the years for: | |||
| Interest | $215,000 | $129,000 | |
| Income taxes | $800 | $800 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.