General Enterprise Ventures, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
View on SEC.govAbout 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.
Sep 30, 2025 · Filed Nov 12, 2025
CITR$2.45-5.0%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
Consolidated Statements of Cash Flows (unaudited)
Consolidated Statements of Cash Flows
| Nine months ended | ||||
|---|---|---|---|---|
| September 30, | ||||
| 2025 · 2024 | ||||
| Cash Flows from Operating Activities: | ||||
| Net loss | $(30,736,631) | $(5,082,352) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Stock-based compensation | 6,780,595 | 2,558,000 | ||
| Financing expense | 8,679,189 | - | ||
| Non-cash lease expenses | 123,334 | 59,760 | ||
| Depreciation and amortization | 241,700 | 190,247 | ||
| Amortization of debt discount | 2,226,678 | 72,996 | ||
| Loss on settlement of debt | 6,770,814 | 882,279 | ||
| Loss on fair value of derivative | 2,002,767 | - | ||
| Write off of deferred offering costs | 197,415 | - | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | (190,720) | (2,473) | ||
| Inventory | (237,957) | (40,946) | ||
| Prepaid expenses and other current assets | (12,939) | (32,388) | ||
| Security deposit | (36,991) | - | ||
| Accounts payable and accrued liabilities | 730,756 | 127,827 | ||
| Related party advances funding operating expense | 25,300 | 6,495 | ||
| Accrued interest - related parties | 160,393 | - | ||
| Deferred revenue | 6,000 | - | ||
| Operating lease liabilities | (116,135) | (59,260) | ||
| Net Cash used in Operating Activities | (3,386,432) | (1,319,815) | ||
| Cash Flows from Investing Activities: | ||||
| Purchase of equipment | (221,670) | - | ||
| Net Cash used in Investing Activities | (221,670) | - | ||
| Cash Flows from Financing Activities: | ||||
| Proceeds from convertible notes | 1,909,000 | 1,031,320 | ||
| Proceeds from convertible note - related party | 1,776,082 | - | ||
| Payment of deferred offering costs | (71,311) | (57,131) | ||
| Repayment of loan - related party | (25,000) | (60,000) | ||
| Proceeds from issuance of Series C Preferred Stock | 5,655,797 | 165,000 | ||
| Repayment of financing loan | (215,625) | - | ||
| Net Cash provided by Financing Activities | 9,028,943 | 1,079,189 | ||
| Change in cash | 5,420,841 | (240,626) | ||
| Cash, beginning of period | 775,133 | 549,755 | ||
| Cash, end of period | $6,195,974 | $309,129 | ||
| Supplemental Disclosure Information: | ||||
| Cash paid for interest | $5,913 | $ | - | |
| Cash paid for taxes | $ | - | $ | - |
| Non-Cash Financing Disclosure: | ||||
| Common stock issued for services | $ | - | $1,862,000 | |
| Series C Preferred stock issued for services | $ | - | $696,000 | |
| Common stock issued upon conversion of Series C Preferred stock | $1,004 | $ | - | |
| Common stock issued for conversion and settlement of debt | $10,728,756 | $1,085,148 | ||
| Common stock issued for stock to be issued - management | $ | - | $180,000 | |
| Series C Preferred stock issued for subscription received | $ | - | $500,000 | |
| Cancellation of common stock - related party | $ | - | $6,500 | |
| Warrants issued in conjunction with convertible debts | $882,000 | $471,209 | ||
| Right -of-use assets obtained in exchange for new operating lease liabilities | $865,218 | $ | - | |
| Recognition of derivative liability as debt discount | $1,027,000 | $ | - | |
| Reclassification of derivative liability to additional paid-in capital | $1,604,000 | $ | - | |
| Transfer from inventory to property and equipment | $95,297 | $ | - | |
| Acquisition of property and equipment as financing loan | $291,528 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.