Nano Nuclear Energy Inc
For the period ended Sep 30, 2024. Filed Dec 30, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Dec 30, 2024
NNE$12.48+12.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Year Ended September 30, 2024 · For the Year Ended September 30, 2023 | |||
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net loss | $(10,151,556) | $(6,250,401) | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| R&D acquisition paid in equity | 786,500 | - | |
| Equity-based compensation | 320,257 | 2,384,003 | |
| Amortization of right of use asset | 96,532 | - | |
| Depreciation | 10,393 | - | |
| Change in assets and liabilities: | |||
| Prepaid expenses | (628,090) | (88,409) | |
| Deposits | (235,235) | - | |
| Accounts payable and accrued liabilities | 571,474 | 87,234 | |
| Due to related parties | (10,000) | - | |
| Lease liability | 5,079 | - | |
| Contingent liability | 770,500 | - | |
| Net cash used in operating activities | (8,464,146) | (3,867,573) | |
| INVESTING ACTIVITIES | |||
| Increase in long-term investments | (2,000,000) | - | |
| Additions to property, plant and equipment | (1,700,000) | - | |
| Net cash provided by financing activities | (3,700,000) | - | |
| FINANCING ACTIVITIES | |||
| Proceeds from common stock issuances | 34,953,937 | 8,765,369 | |
| Offering costs | (3,554,829) | (75,000) | |
| Proceeds from exercise of warrants | 1,275,500 | - | |
| Proceeds from exercise of stock options | 1,044,000 | - | |
| Net cash provided by financing activities | 33,718,608 | 8,690,369 | |
| Net increase in cash | 21,554,462 | 4,822,796 | |
| Cash and cash equivalents, beginning of year | 6,952,795 | 2,129,999 | |
| Cash and cash equivalents, end of year | $28,507,257 | $6,952,795 | |
| Non-Cash Supplemental Disclosures | |||
| Right of use assets acquired in exchange for new operating lease liabilities | $1,926,178 | $ | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.