Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 187

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 19
Chunk 187
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 2025                                                                       72,243,992      7,224      34,042,059       ( 40,217,153       ( 5,267,583      ( 327,008       ( 5,594,591  

  Par value of ordinary shares, share data and accumulated deficit have been retroactively restated to give effect to the Reverse Recapitalization related to the Business Combination completed on...  
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F-6

SCAGE
FUTURE

CONSOLIDATED
STATEMENTS OF CASH FLOWS

(In
U. S. dollars, except for share and per share data, or otherwise noted)

                                                                                                      For the Years Ended June 30,                                                                          
                                                                                                      2025                                                2024                       2023                   
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  CASH FLOWS FROM OPERATING ACTIVITIES:                                                                                                                                                                     
  Net loss                                                                                            $                                 ( 13,065,903      $         ( 5,980,776      $         ( 6,618,209  
  Adjustments to reconcile net loss to net cash used in operating activities:                                                                                                                               
  Write-downs for inventory                                                                                                                  319,413                894,005                    161,495      
  (Reversal of provision)/Provision for credit losses                                                                                       ( 43,539                292,480                    38,943       
  Reserve for warranty costs                                                                                                                 327,605                -                          -            
  Depreciation of property and equipment                                                                                                     301,159                542,398                    446,335      
  Amortization of right-of-use assets                                                                                                        160,401                210,551                    228,237      
  Share-based compensation expense                                                                                                         1,800,000                -                          -            
  Fair value change of long-term investment                                                                                                ( 336,325                -                          -            
  Fair value change in derivative liability                                                                                                ( 328,581                -                          -            
  Amortization of debt issuance costs                                                                                                         57,170                97,133                     46,924       
  Loss/(gain) on disposal of property and equipment                                                                                           45,241                ( 1,728                    -