Nexentis Technologies Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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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.
Jun 30, 2026 · Filed Aug 13, 2026
NXTS$2.56+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Interim Statements of Cash Flows (unaudited)
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS
(U.S, dollars in thousands except share and per share data)
| Six months ended | ||
|---|---|---|
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | (17,749) | (5,765) |
| Adjustments to reconcile net loss to net cash used in operating: | ||
| Depreciation and amortization | 209 | 5 |
| Deferred income taxes | (47) | - |
| Issuance of shares to employees and service providers | 909 | 1,955 |
| Share based compensation to employees and directors | 160 | 1 |
| Gain from sales of property and equipment | - | (3) |
| Expenses funded by non-controlling interests | 8 | - |
| Gain from standby equity purchase agreement II | (386) | - |
| Expenses from standby equity purchase agreement II | - | 182 |
| Interest in respect of loans | 375 | 30 |
| Gain from deconsolidation of subsidiary | (880) | (44) |
| Goodwill impairment | 6,291 | - |
| Change in fair value of non-current warrant liability | 7,507 | 94 |
| Change in fair value of credit facility | (30) | 33 |
| Change in fair value of stock purchase warrants warrant liabilities | 975 | 1,632 |
| Change in fair value of investment in nonconsolidated affiliate | - | 602 |
| Change in fair value of short term loan | (113) | (101) |
| Change in fair value of Solar Photovoltaic joint venture project | (97) | (218) |
| Change in fair value of investment in marketable securities | 174 | 36 |
| Change in fair value of contingent considerations | (210) | - |
| Decrease (increase) in accounts receivable | 130 | (52) |
| Decrease (increase) in inventory | (3) | 5 |
| Decrease in prepaid expenses and other current assets | 393 | 84 |
| Increase (decrease) in accounts payable | (28) | 1 |
| Increase in other liabilities | 454 | 184 |
| Decrease in operating lease expense | 6 | 9 |
| Change in operating lease liabilities | (6) | (7) |
| Net cash used in operating activities | (1,958) | (1,337) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Investment in solar projects under development | (199) | (495) |
| Purchase of property | (72) | - |
| Proceeds from sales of property and equipment | - | 3 |
| Cash and cash equivalents deconsolidated upon loss of control | (210) | (25) |
| Short term loan granted | - | (500) |
| Investment in Solar Photovoltaic joint venture project | (79) | (608) |
| Net cash used in investing activities | (560) | (1,625) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from credit facility | - | 1,105 |
| Repayment of credit facility | - | (439) |
| Proceeds from issuance of shares and warrants | 4,150 | 1,500 |
| Proceeds from exercise of warrants | - | 1,768 |
| Repayments of short term loan | (900) | - |
| Proceeds from purchase agreement, net | 2,896 | - |
| Net cash provided by financing activities | 6,146 | 3,934 |
| Effect of exchange rate changes on cash and cash equivalents | 22 | (18) |
| INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 3,650 | 954 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR | 4,013 | 2,209 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR | 7,663 | 3,163 |
| Cash paid during the year for: | ||
| Interest | - | 77 |
| Non cash transactions: | ||
| Initial recognition of operating lease liability and a corresponding right-of- use asset | - | 24 |
| Reclassification of warrant liabilities to equity upon exercise of warrants | - | 2,703 |
| Issuance of shares for future credit line | - | 300 |
| Issuance of shares for future services | 29 | - |
| Investment in marketable securities in exchange for shares of a subsidiary | 1,192 | - |
| (*) | Less than $1 thousand. |
|---|
The accompanying notes are an integral part of the condensed consolidated interim financial statements
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