Clean Energy Technologies Inc

For the period ended Jun 30, 2024. Filed Aug 19, 2024.

About 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.

Jun 30, 2024 · Filed Aug 19, 2024

CETY$1.00+5.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Cash Flows (unaudited)

Consolidated Statements of Cash Flows

for the six months ended June 30, 2024 and 2023 (Unaudited)

2024 · 2023
Cash Flows from Operating Activities:
Net loss from continuing operation		$(2,251,278)		$(1,868,163)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization		6,694		6,454
Loss from deconsolidation of Shuya		27,139		-
Stock compensation expense		62,250		148,100
Stock issued for debt inducement		45,497		-
Amortization of debt discount		46,704		765,149
Attributable income per equity method - Shuya		(31,990)		-
Warrant issued
Gain on debt settlement		-		(130,430)
Change in derivative liability		-		(326,539)
Changes in operating assets and liabilities:
Right – of - use asset		(7,841)		85,832
Lease liabilities		10,268		(79,845)
Accounts receivable		(35,073)		(214,882)
Accounts receivable – related party		(316,429)		-
Tax receivable		(42,488)		-
Prepaid expenses		559,790		(1,030,401)
Other assets		113,813		901,964
Inventory		(185,015)		(27,472)
Accounts payable		441,603		(423,517)
Accrued interest		82,114		(22,487)
Accrued expenses		9,590		(103,142)
Other payable-related party		-		(604,975)
Customer deposits		(147,382)		511,793
Net cash used in continuing operations		(1,612,034)		(2,412,560)
Net cash used in discontinued operations		-		(208,249)
Net cash used in operating activities		(1,612,034)		(2,620,809)
Cash Flows from Investing Activities
Purchase of intangible assets		-		(92)
Loan receivables		83,160		-
Net cash provided by (used in) continuing operations		83,160		(92)
Net cash provided by discontinued operations		-		14,411
Net cash flows provided by investing activities		83,160		14,319
Cash Flows from Financing Activities
Proceeds from notes payable and lines of credit		590,516		848,899
Proceeds from warrant exercise				352,503
Payments on notes payable and line of credit		(585,033)		(1,332,988)
Loan to Rongjun		(41,632)		(72,150)
Stock issued for cash		1,864,529		3,093,577
Net cash provided by continuing operations		1,828,380		2,889,841
Net cash provided by discontinued operations		-		269,483
Net cash flows provided by financing activities		1,828,380		3,159,324
Effect of currency exchange rate changes on cash		(1,188)		31,065
Net increase in cash and cash equivalents		298,318		583,899
Cash and cash equivalents at beginning of period		89,625		149,272
Cash and cash equivalents at end of period		$387,943		$733,171
Supplemental cashflow information:
Interest paid		$66,781		$194,955
Taxes paid	$	-	$	-
Supplemental non-cash disclosure
Discounts on new notes	$	-		$184,200
Shares issued for preferred conversions		$2,115	$	-
Reclass of derivative to additional paid in capital		-		$261,639
Dividend accrued		$75,655	$	-
Warrants issued in conjunction for convertible notes payable	$	-		$609,617
Universal convertible note issuance	$	-		$666,250

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