Company: GEDC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023306
Chunk: 7

Company: CalEthos, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 7
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    Changes in operating assets and liabilities 

    Prepaid expenses and other current assets 
     (3,000) 
     - 
  
    Accounts payable and accrued expenses 
     324,000  
     39,000 
  
    Net cash used in operating activities 
     (513,000) 
     (492,000)

    Cash Flows From Investing Activities 

    Date center campus development cost 
     (464,000) 
     (1,085,000)
  
    Net cash used in investing activities 
     (464,000) 
     (1,085,000)

    Cash Flows From Financing Activities 

    Cash proceeds from issuance of convertible debentures 
     225,000  
     460,000 
  
    Cost for issuance of convertible debentures 
     (10,000) 
     (34,000)
  
    Cash proceeds for issuances of notes payable 
     750,000  
     1,000,000 
  
    Net cash provided by financing activities 
     965,000  
     1,426,000 

    Effect of exchange rate changes on cash and cash equivalents 
     -  
     (1,000)
  
    Net decrease in cash and cash equivalents 
     (12,000) 
     (152,000)
  
    Cash and cash equivalents, beginning of period 
     286,000  
     308,000 
  
    Cash and cash equivalents, end of period 
    $274,000  
    $156,000 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $-  
    $- 
  
    Cash paid for income taxes 
    $-  
    $- 

    Non-cash investing and financing activities 

    Relative fair value of warrants issued with note payable 
    $590,000  
    $2,355,000 
  
    Capitalized interest – project development cost 
    $27,000  
    $46,000 
  
    Accrued expenses – project development cost 
    $(165,000) 
    $- 
  
    Equity-based compensation capitalized 
    $427,000  
    $1,876,000 
  
    Recapture of equity-based compensation capitalized 
    $(2,022,000) 
    $-