AMERICAN BATTERY TECHNOLOGY Co
For the period ended Mar 31, 2024. Filed May 15, 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 15, 2024
ABAT$1.32-7.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (unaudited)
| Nine months ended. March 31, 2024 | Nine months ended. March 31, 2023 | |
|---|---|---|
| Operating Activities | ||
| Net loss attributable to stockholders | $(29,064,973) | $(14,239,445) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation expense | 121,075 | 66,436 |
| Accretion of financing costs | 3,014,414 | - |
| Amortization of right-of-use asset | 75,788 | 75,787 |
| Unrealized loss on investment | 24,586 | 11,709 |
| Stock-based compensation | 12,322,198 | 6,078,889 |
| Shares issued for professional services | (1,047) | 47,275 |
| Change in fair value of derivative liability | 419,739 | - |
| Changes in operating assets and liabilities: | ||
| Inventory | (497,341) | - |
| Grants receivable | (207,266) | (276,231) |
| Prepaid expenses and deposits | 799,596 | (837,180) |
| Other current assets | (316,351) | |
| Accounts payable and accrued liabilities | 969,487 | (1,653,541) |
| Net change in operating lease liability | (90,427) | (89,759) |
| Net Cash Used in Operating Activities | (12,430,522) | (10,816,060) |
| Investing Activities | ||
| Other acquisition deposits | (279,878) | (6,081,591) |
| Acquisition of property, equipment, and water rights | (11,586,857) | (3,918,863) |
| Acquisition cost reimbursements from government grants | 672,404 | - |
| Purchase of mining properties | (169,714) | (8,007,362) |
| Net Cash Used in Investing Activities | (11,364,045) | (18,007,816) |
| Financing Activities | ||
| Proceeds from issuance of common shares, net of issuance costs | - | 8,857,351 |
| Proceeds from exercise of share purchase warrants | 37,498 | - |
| Principal paid on notes payable | (18,600,000) | - |
| Proceeds from notes payable, net of issuance costs | 20,287,118 | - |
| Proceeds from share purchase agreements, net of issuance costs | 25,744,936 | 3,558,373 |
| Net Cash Provided by Financing Activities | 27,469,552 | 12,415,724 |
| Increase (decrease) in Cash | 3,674,986 | (16,408,152) |
| Cash – Beginning of Period | 2,320,149 | 28,989,166 |
| Cash – End of Period | $5,995,134 | $12,581,014 |
| Supplemental disclosures (Note 15) | ||
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