Company: FLYE
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001213900-25-078571
Chunk: 6

Company: Fly-E Group, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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     —  
     (399,407)
  
    Net cash used in operating activities 
     (5,284,034) 
     (4,522,164)

    Cash flows from investing activities 

    Purchases of properties and equipment 
     (141,624) 
     (351,524)
  
    Cash released from disposal of entities 
     (119,720) 
     — 
  
    Repayment from a related party 
     —  
     180,256 
  
    Advance to a related party 
     (147,288) 
     (162)
  
    Prepayments for property 
     —  
     (775,000)
  
    Payments of property rights 
     —  
     (119,700)
  
    Net cash used in investing activities 
     (408,632) 
     (1,066,130)

    Cash flows from financing activities 

    Proceeds from borrowings 
     1,917,100  
     247,500 
  
    Repayments of borrowings 
     (601,995) 
     (375,625)
  
    Repayments on other payables - related parties 
     —  
     (90,000)
  
    Payments of offering cost 
     (516,490) 
     (282,403)
  
    Net proceeds from issuance of common stock 
     6,373,000  
     9,154,500 
  
    Net cash provided by financing activities 
     7,171,615  
     8,653,972 
  
    Net changes in cash including cash classified within current assets held for sale 
     1,478,949  
     3,065,678 
  
    Effect of exchange rate changes on cash 
     22,354  
     (1,324)
  
    Less: net increase in cash classified within current assets held for sale 
     (7,117) 
     — 
  
    Cash at beginning of the period 
     840,102  
     1,403,514 
  
    Cash at the end of the period 
    $2,334,288  
    $4,467,868 

    Supplemental disclosure of cash flow information 

    Cash paid for interest expense 
    $546,234