EzFill Holdings Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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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, 2024 · Filed May 14, 2024
NXXT$0.19-92.9%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
Consolidated Statements of Cash Flows
| For the Three Months Ended March 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| Operating activities | ||||
| Net loss | $(1,899,122) | $(2,348,771) | ||
| Adjustments to reconcile net loss to net cash used in operations | ||||
| Depreciation and amortization | 276,522 | 273,087 | ||
| Amortization of bond premium and realized loss on investments in debt securities | - | 21,737 | ||
| Amortization of operating lease - right-of-use asset | 57,852 | 55,038 | ||
| Amortization of operating lease - right-of-use asset - related party | 18,388 | - | ||
| Amortization of debt discount | 535,182 | - | ||
| Bad debt expense | - | 3,121 | ||
| Stock issued for services - related parties | 147,334 | 192,061 | ||
| Changes in operating assets and liabilities | ||||
| (Increase) decrease in | ||||
| Accounts Receivable | (341,584) | (219,739) | ||
| Inventory | (19,907) | 5,176 | ||
| Prepaids and other | (287,289) | (17,232) | ||
| Increase (decrease) in | ||||
| Accounts payable and accrued expenses | 373,905 | (432,838) | ||
| Accounts payable and accrued expenses - related party | 64,783 | - | ||
| Operating lease liability | (48,781) | (45,057) | ||
| Operating lease liability - related party | (17,431) | - | ||
| Net cash used in operating activities | (1,140,148) | (2,513,417) | ||
| Investing activities | ||||
| Proceeds from sale of marketable debt securities | - | 1,150,928 | ||
| Purchase of fixed assets | (11,667) | - | ||
| Net cash used provided by (used in) investing activities | (11,667) | 1,150,928 | ||
| Financing activities | ||||
| Proceeds from notes payable - related party | 1,250,000 | - | ||
| Proceeds from stock issued for cash | - | 25,308 | ||
| Cash paid for direct offering costs | - | (25,308) | ||
| Repayments on notes payable | (276,557) | (199,723) | ||
| Net cash provided by (used in) financing activities | 973,443 | (199,723) | ||
| Net decrease in cash | (178,372) | (1,562,212) | ||
| Cash - beginning of period | 226,985 | 2,066,793 | ||
| Cash - end of period | $48,613 | $504,581 | ||
| Supplemental disclosure of cash flow information | ||||
| Cash paid for interest | $64,567 | $31,735 | ||
| Cash paid for income tax | $ | - | $ | - |
| Supplemental disclosure of non-cash investing and financing activities | ||||
| Debt discount in connection with the issuance of notes payable - related party | $470,893 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.