AETHLON MEDICAL INC
For the period ended Mar 31, 2025. Filed Jun 26, 2025.
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FY2025 · Filed Jun 26, 2025
AEMD$5.55+1.1%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
FOR THE YEARS ENDED MARCH 31, 2025 AND 2024
| Years Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss | $(13,388,089) | $(12,208,174) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 339,559 | 359,057 |
| Stock-based compensation | 415,234 | 1,219,370 |
| Loss on disposal of property, plant and equipment | – | 21,135 |
| Non-cash lease expense | 281,208 | 143 |
| Warrant Inducement Expense | 4,612,862 | – |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | 113,923 | (10,232) |
| Accounts payable and other current liabilities | (53,360) | 156,678 |
| Due to related parties | 33,131 | 332,213 |
| Net cash used in operating activities | (7,645,532) | (10,129,810) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | – | (250,867) |
| Cash used in investing activities | – | (250,867) |
| Cash flows from financing activities: | ||
| Tax withholding payments or tax equivalent payments for net share settlement of restricted stock units | (18,927) | (34,778) |
| Net proceeds from the issuance of common stock | 3,539,907 | 1,322,383 |
| Proceeds from exercise of warrants – standard terms | 2,054,940 | – |
| Proceeds from exercise of warrants – induced terms | 2,316,320 | – |
| Commission paid related to warrant inducement | (153,979) | – |
| Legal fees paid related to warrant inducement | (10,877) | – |
| Net cash provided by financing activities | 7,727,384 | 1,287,605 |
| Effect of Exchange Rate on Changes on Cash | (12,262) | 2,107 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 69,590 | (9,090,965) |
| Cash and cash equivalents restricted cash at beginning of year | 5,529,484 | 14,620,449 |
| Cash and cash equivalents and restricted cash at end of year | $5,599,074 | $5,529,484 |
| Supplemental information of non-cash investing and financing activities: | ||
| Issuance of shares under vested restricted stock units, net stock option exercises and unvested share issuance for services | $13 | $35 |
| Disposal of fully depreciated property | $350,670 | $– |
| Reversal of accrued commission liability (see Note 6) | $– | $404,120 |
| Deferred offering costs not yet paid | $– | $219,117 |
| Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets: | ||
| Cash and cash equivalents | $5,501,261 | $5,441,978 |
| Restricted cash | 97,813 | 87,506 |
| Cash and restricted cash | $5,599,074 | $5,529,484 |
Aethlon Medical, Inc. and Subsidiary
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