Fatpipe Inc/UT
For the period ended Mar 31, 2026. Filed May 18, 2026.
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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.
FY2026 · Filed May 18, 2026
FATN$4.54+2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| Year Ended | ||||
|---|---|---|---|---|
| March 31, | ||||
| 2026 · 2025 | ||||
| Cash Flows From Operating Activities | ||||
| Net income | $4,969,961 | $1,952,894 | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | 369,249 | 545,709 | ||
| Allowance for contract receivables | 916,419 | 272,057 | ||
| Stock based compensation | 770,220 | - | ||
| Allowance for accounts receivables | 132,308 | 443,804 | ||
| Bad debts written off during the year | 57,167 | 52,942 | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | (719,900) | (1,098,120) | ||
| Contracts receivable | (5,578,414) | (3,447,334) | ||
| Inventories | (26,165) | (306,155) | ||
| Right of use assets | - | - | ||
| Other current assets | 541,105 | (83,984) | ||
| Other assets | 6,724 | (192,171) | ||
| Accounts payable | (47,079) | 19,726 | ||
| Accrued expenses and other current liabilities | (1,869,197) | 1,480,674 | ||
| Deferred revenue | (265,192) | (160,780) | ||
| Other non current liabilities | (53,595) | 981 | ||
| Operating lease liability, net | 15,996 | 15,633 | ||
| Net cash used in operating activities | (780,393) | (504,124) | ||
| Cash Flows From Investing Activities | ||||
| Purchase of equipment | (52,483) | (19,762) | ||
| Net cash used in investing activities | (52,483) | (19,762) | ||
| Cash Flows From Financing Activities | ||||
| Net repayment of debt | (423,031) | (3,027,913) | ||
| Proceeds from debt | - | 5,513,652 | ||
| Issuance of shares pursuant to initial public offering | 3,659,162 | - | ||
| Proceeds from issuance of common stock for cash | 83,000 | - | ||
| Net cash provided by (used in) financing activities | 3,319,131 | 2,485,739 | ||
| Effect of exchange rate changes on cash and cash equivalents | (192,030) | (153,822) | ||
| Net change in cash and cash equivalents | 2,294,225 | 1,808,031 | ||
| Cash and cash equivalents: | ||||
| Beginning of the period | 2,920,550 | 1,112,519 | ||
| End of the period | $5,214,775 | $2,920,550 | ||
| Supplemental Disclosure of Cash Flow Information | ||||
| Cash paid for interest | $475,071 | $329,892 | ||
| Cash paid for income taxes | $ | - | $ | - |
| Supplemental Disclosure of Non-Cash Investing Activities and Financing Activities: | ||||
| Right of use assets obtained in exchange of lease liabilities | $ | - | $1,319,422 | |
| Issuance of shares for purchase of non-controlling interest | $ | - | $17,124 | |
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