Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 399

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1B
Chunk 399
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530,416 
  
    Liabilities held for sale 
     2,152,447  
     — 
  
    Total Current Liabilities 
     12,701,375  
     7,794,816 
  
    Long-term loan payables 
     2,065,040  
     412,817 
  
    Operating lease liabilities – non-current 
     9,106,928  
     13,986,879 
  
    Total Liabilities 
     23,873,343  
     22,194,512 

    Commitment and Contingencies 

    Stockholders’ Equity 

    Preferred stock, $0.01 par value, 10,000,000 shares authorized and nil outstanding as of March 31, 2025 March 31, 2024* 
     —  
     — 
  
    Common stock, $0.01 par value, 300,000,000 shares authorized and 4,917,500 shares outstanding as of March 31, 2025 and 100,000,000 shares authorized and 4,400,000 shares outstanding as of March 31, 2024* 
     49,175  
     44,000 
  
    Additional paid-in capital 
     10,940,724  
     2,576,000 
  
    Shares subscription receivable 
     (219,998) 
     (219,998)
  
    (Accumulated deficit) Retained Earnings 
     (895,510) 
     4,395,649 
  
    Accumulated other comprehensive loss 
     (41,059) 
     (13,829)
  
    Total FLY-E Group, Inc. Stockholders’ Equity 
     9,833,332  
     6,781,822 
  
    Total Liabilities and Stockholders’ Equity 
    $33,706,675  
    $28,976,334 

  * Shares and per share data are presented on a retroactive basis to reflect
the 1-for-110,000 stock split completed on April 2, 2024 and the 1-for-5 reverse stock split completed on July 3, 2025. 

The accompanying notes are an integral part of
these consolidated financial statements.

F-3

FLY-E GROUP, INC.

CONS