Incannex Healthcare Inc
For the period ended Mar 31, 2025. Filed May 15, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 15, 2025
IXHL$2.01-8.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| For the nine months ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(15,282) | $(11,998) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 185 | 41 |
| Unrealized gain on foreign currency remeasurement | 338 | 17 |
| Non-cash expense of ELOC commitment | 1,097 | - |
| Share-based compensation expense | 1,311 | 5,585 |
| Change in fair value of warrant liabilities | (1,721) | - |
| Change in fair value of convertible rights | 179 | - |
| Non-cash interest expense | 303 | - |
| Loss on extinguishment | 994 | - |
| Change in operating assets and liabilities: | - | |
| Prepaid expenses and other current assets | 148 | (6,150) |
| R&D tax incentive | 2,222 | - |
| Assets pledged as securities for short-term debt | (1,397) | - |
| Trade and other payables | 592 | 302 |
| Net cash used in operating activities | (11,031) | (12,203) |
| Cash flows from investing activities: | ||
| Purchase of property, plant and equipment | (8) | (274) |
| Net cash used in investing activities | (8) | (274) |
| Cash flows from financing activities: | ||
| Proceeds received from facility agreement | 4,282 | - |
| Repayment of facility agreement | (2,898) | - |
| Proceeds from share issuance | 12,446 | |
| Share issuance costs | (744) | - |
| Warrant issuance costs | (125) | - |
| Proceeds from issuance of convertible debt | 2,779 | - |
| Repayment of convertible debt | (3,833) | - |
| Debt issuance costs | (113) | - |
| Net cash provided by financing activities | 11,794 | - |
| Effect of exchange rate changes on cash and cash equivalents | 98 | (338) |
| Net increase/(decrease) in cash and cash equivalents | 755 | (12,447) |
| Cash and cash equivalents at beginning of period | 5,858 | 22,120 |
| Cash and cash equivalents at end of period | $6,711 | $9,335 |
| Non-cash investing and financing activities | ||
| Issuance of ELOC warrants at initial fair value | 806 | |
| Issuance of convertible note warrants at initial fair value | 341 | |
| Issuance of conversion rights at initial fair value | 282 | |
| Issuance of Series A warrants at initial fair value | 2,843 | - |
| Partial conversion of convertible note | 100 | - |
| Total | 4,372 | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.