Company: EDSA
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001171843-25-003189
Chunk: 61

Company: Edesa Biotech, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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128,563
			)

			(484,110
			)

			Prepaid expenses and other current assets

			76,727

			237,967

			Accounts payable and accrued liabilities

			(856,418
			)

			309,523

			Net cash used in operating activities

			(3,900,501
			)

			(3,066,687
			)

			Cash flows from financing activities:

			Proceeds from issuance of common shares and warrants

			7,497,133

			590,966

			Proceeds from issuance of Series A-1 preferred shares and warrants

			1,540,820

			-

			Proceeds from issuance of Series B-1 preferred shares

			8,340,000

			-

			Payments for issuance costs of common shares and warrants

			(294,935
			)

			(43,993
			)

			Payment for issuance costs of preferred shares

			(215,157
			)

			-

			Payment for issuance costs of warrants

			(23,446
			)

			-

			Repayment of debt

			-

			(29,532
			)

			Net cash provided by financing activities

			16,844,415

			517,441

			Effect of exchange rate changes on cash and cash equivalents

			(84,584
			)

			(12,520
			)

			Net change in cash and cash equivalents

			12,859,330

			(2,561,766
			)

			Cash and cash equivalents, beginning of period

			1,037,320

			5,361,397

			Cash and cash equivalents, end of period

			$
			13,896,650

			$
			2,799,631

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

5

Edesa Biotech, Inc.

Condensed Interim Consolidated Statements of Changes in Shareholders' Equity

			Shares #

			Common Shares

			Series A-1 Preferred Shares 

			Series B-1 Preferred Shares 

			Additional Paid-in Capital

			Accumulated Other Comprehensive Loss

			Accumulated