Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 839

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 839
---
)
  
    Purchases of property and equipment 
     (51) 
     - 
  
    Purchases of short-term investments 
     (490) 
     - 
  
    Proceeds from the sale of short-term investments 
     498  
     - 
  
    Proceeds from issuance of option 
     -  
     497 
  
    Proceeds from loan repayment - related party 
     -  
     585 
  
    Net cash flows from investing activities 
     (43) 
     725 
  
    Cash flows from financing activities: 

    Proceeds from Merger and related PIPE Financing, net of transaction costs 
     -  
     8,493 
  
    Proceeds from the issuance of notes payable – related parties
 
     2,626  
     - 
  
    Proceeds from the issuance of notes payable – related parties 
     600  
     - 
  
    Capital contribution - related party 
     -  
     150 
  
    Proceeds from issuance of common shares related to ATM program 
     3,328  
     - 
  
    Exercise of warrants 
     176  
     - 
  
    Repayment of notes payable 
     (776) 
     - 
  
    Proceeds from issuance of warrants 
     113  
     - 
  
    Proceeds from issuance of convertible promissory note payable, carried at cost 
     -  
     2,286 
  
    Net cash flows from financing activities 
     6,067  
     10,929 
  
    Net change in cash and cash equivalents before effect of exchange rate changes 
     (3,658) 
     3,929 
  
    Effect of exchange rate changes on cash and cash equivalents 
     (16) 
     299 
  
    Net change in cash 
     (3,674) 
     4,228 
  
    Cash and cash equivalents at beginning of period 
     4,228  
     - 
  
    Cash and cash equivalents at end of period 
    $554  
    $4,228 

    Non-cash investing and financing activities 

    Right of Use Asset obtained in exchange for Operating Lease Liabilities 
    $352  
    $- 
  
    Correction of immaterial error related to franchise tax expense