Company: FLYE
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001213900-25-078571
Chunk: 3

Company: Fly-E Group, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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,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 unaudited condensed
consolidated financial statements. 

2

FLY-E GROUP, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF CHANGES IN

STOCKHOLDERS’ EQUITY 

(Expressed in U.S. dollars, except for the
number of shares)

    Preferred Stock  
    Common Stock  
    Additional  Paid-in  
    Shares Subscription  
    Accumulated  
    Accumulated Other Comprehensive  
    Total Stockholders’ 

    Shares*  
    Amount  
    Shares*  
    Amount  
    Capital  
    Receivables  
    deficit  
    Loss  
    Equity 
  
    Balance at March 31, 2025 
     —  
    $—  
     4,917,500  
    $49,175  
    $10,940,724  
    $(219,998) 
    $(895,510) 
    $(41,059) 
    $9,833,332 
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     —  
     (2,008,648) 
     —  
     (2,008,648)
  
    Issuance of common stock upon registered direct offering, net 
     —  
     —  
     5,719,111  
     57,191  
     5,799,319  
     —  
     —  
     —  
     5,856,510 
  
    Foreign currency translation adjustment 
     —  
     —  
     —  
     —  
     —  
     —  
     —  
     22,354  
     22,354 
  
    Balance at June 30, 2025 
     —  
    $—  
     10,636,611  
    $106,366  
     16,740,043  
     (219,998)