Company: TGNT
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001477932-25-008363
Chunk: 145

Company: Totaligent, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part II, Item 8
Chunk 145
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 plan. 

Material Cash Requirements

Our material short-term cash requirements include recurring payroll and benefits obligations for our employees, capital, operating expenditures, software development payments and other working capital needs. We believe that material cash requirements for operating expenditures may range from $100,000 per month to $200,000 per month during the twelve months.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition.

Cash Flow 

The following table provides detailed information about our net cash flow for the nine months ended September 30, 2025 and 2024:

  Nine Months Ended September 30,   2025  2024 Net cash used in operating activities $(226,474 ) $(157,653 )Net cash used in investing activities  (25,150 )  (61,634 )Net cash provided by financing activities  230,000   60,000 Net change in cash and cash equivalents  (21,624 )  (159,287 )Cash and cash equivalents at beginning of period  22,128   167,735 Cash and cash equivalent at end of period $504  $8,448 

Net cash used in operating activities for the nine months ended September 30, 2025 was $226,474 compared to $157,653 for the nine months ended September 30, 2024. This difference primarily related to a decrease in net loss of $497,048 reconciled with an increase on loss on disposal of assets in the amount of $18,327, an increase in the change in prepaid expenses in the amount of $895,212, offset by a decreased depreciation expense in the amount of ($8,405), a decrease in stock issued for services in the amount of ($1,141,564), a decrease in loss on change in fair value of derivative liabilities in the amount of ($3,470), an increase in other income of ($19,170), an increase resulting from the change in fair value of the securities in the amount of ($70,830), decrease in the change of accounts payable of ($7,000), and a decrease in accrued compensation of ($236,297).

During the nine months ended September 30, 2025, net cash used in investing activities was ($25,150) compared to ($61,634) during the nine months ended September 30,