Clean Energy Technologies Inc
For the period ended Mar 31, 2024. Filed May 20, 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 20, 2024
CETY$1.00+5.6%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 (unaudited)
Consolidated Statements of Cash Flows
| 2024 · 2023 | ||||
|---|---|---|---|---|
| Cash Flows from Operating Activities: | ||||
| Net Loss from continuing operation | $(1,419,400) | $(1,110,390) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization | 3,222 | 10,339 | ||
| Other loss from deconsolidation of shuya | 303,286 | - | ||
| Stock compensation expense | 9,450 | - | ||
| Stock issued for stock inducement | 45,497 | - | ||
| Amortization of debt discount | 23,352 | 470,038 | ||
| Attributable income per equity method - Shuya | (38,378) | - | ||
| Warrant issued | 76,100 | |||
| Financing fees | - | 67,111 | ||
| Change in derivative liability | - | (326,539) | ||
| Changes in operating assets and liabilities: | ||||
| Right – of - use asset | (49,324) | 62,502 | ||
| Lease liabilities | 51,585 | (61,546) | ||
| Accounts receivable | (24,142) | 442,088 | ||
| Accounts receivable – related party | (168,691) | - | ||
| Interest receivable | - | - | ||
| Prepaid expenses | 212,296 | 147,054 | ||
| Other assets | 32,933 | 230,577 | ||
| Decrease in inventory | (109,028) | (244,972) | ||
| Accounts payable | 346,348 | (277,082) | ||
| Accrued interest | 64,638 | 33,953 | ||
| Accrued expenses | (85,262) | (482,559) | ||
| Customer deposits | (70,018) | 334,891 | ||
| Net cash used in continuing operations | (871,636) | (628,435) | ||
| Net cash used in discontinued operations | - | (12,657) | ||
| Net cash used in operating activities | (871,636) | (641,092) | ||
| Cash flows from investing activities | ||||
| Investment in Heze Hongyuan | - | (76,203) | ||
| Loan receivables | 83,460 | 116,000 | ||
| Net cash provided by continuing operations | 83,460 | 39,797 | ||
| Net cash provided by discontinued operations | - | - | ||
| Net cash flows provided by investing activities | 83,460 | 39,797 | ||
| Cash flows from financing activities | ||||
| Proceeds from notes payable and lines of credit | 556,250 | 926,920 | ||
| Payments on notes payable and line of credit | (349,908) | (970,724) | ||
| Stock issued for cash | 781,529 | 3,145,244 | ||
| Net cash provided by continuing operations | 987,871 | 3,101,440 | ||
| Net cash provided by discontinued operations | - | 146,100 | ||
| Net cash flows provided by financing activities | 987,871 | 3,247,540 | ||
| Effect of currency exchange rate changes on cash | 161 | 63,313 | ||
| Net increase in cash and cash equivalents | 199,856 | 2,709,557 | ||
| Cash and cash equivalents at beginning of period | 89,625 | 149,272 | ||
| Cash and cash equivalents at end of period | $289,481 | $2,858,829 | ||
| Supplemental cashflow information: | ||||
| Interest paid | $ | - | $837,391 | |
| Taxes paid | $ | - | $ | - |
| Supplemental non-cash disclosure | ||||
| Discount on new notes | $ | - | $184,200 | |
| Shares issued for preferred conversions | $1,333 | $ | - | |
| Dividend accrued | $70,023 | $ | - | |
| Warrants issued in conjunction for convertible notes payable | $ | - | $609,617 | |
| Universal convertible note issuance | $ | - | $666,038 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.