Brightline Interactive, Inc./NV
For the period ended Jun 30, 2026. Filed Sep 28, 2026.
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.
FY2026 · Filed Sep 28, 2026
BTLN$3.67+4.3%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
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Years Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(16,634,986) | $(2,552,651) |
| Less: Net loss from discontinued operations | (1,208,953) | (1,331,251) |
| Net loss from continuing operations | (15,426,033) | (1,221,400) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Amortization and depreciation | 52,810 | 354,750 |
| Stock option based compensation for employees and board of directors | 740,709 | 622,063 |
| Acquisition contingent consideration fair value adjustment | 16,417 | 138,126 |
| Goodwill impairment | 10,557,600 | - |
| Adjustment to operating lease right-of-use assets and liabilities | 901 | 34,469 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (57,503) | 130,160 |
| Deferred costs | 42,153 | 62,551 |
| Prepaid expenses and other current assets | (56,355) | 11,871 |
| Other assets | - | (11,364) |
| Accounts payable | (4,564) | (66,159) |
| Accrued liabilities | 257,687 | 130,325 |
| Deferred revenue | 6,961 | (1,034) |
| Net cash (used in) provided by operating activities from continuing operations | (3,869,217) | 184,358 |
| Net cash used in operating activities from discontinued operations | (419,813) | (458,132) |
| Net cash used in operating activities | (4,289,030) | (273,774) |
| Cash flow from investing activities: | ||
| Purchase of equipment | (24,773) | (21,672) |
| Payment of contingent consideration for acquisition | (1,500,000) | (1,500,000) |
| Cash used in investing activities from continuing operations | (1,524,773) | (1,521,672) |
| Cash provided (used) by investing activities from discontinued operations | 200,000 | (20,836) |
| Net cash used in investing activities | (1,324,773) | (1,542,508) |
| Cash flows provided by financing activities: | ||
| Notes receivable repayments (issuance), net | 160,600 | (160,600) |
| Proceeds from securities purchase agreement, net | 1,767,811 | 6,785,552 |
| Proceeds from exercise of warrants | - | 175,760 |
| Net cash provided by financing activities | 1,928,411 | 6,800,712 |
| Net change in cash and cash equivalents | (3,685,392) | 4,984,430 |
| Cash and cash equivalents - continuing operations, beginning of period | 6,832,725 | 1,797,080 |
| Cash and cash equivalents - discontinued operations, beginning of period | - | 51,215 |
| Cash and cash equivalents, beginning of period | 6,832,725 | 1,848,295 |
| Cash and cash equivalents, end of period | $3,147,333 | $6,832,725 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.