Company: FLYE
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001213900-25-078571
Chunk: 128

Company: Fly-E Group, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 128
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62,068 
  
    Advances from customers 
     32,069  
     28,144 
  
    Advances from IGH Holding Inc 
     49,000  
     49,000 
  
    Accrued warranty 
     8,158  
     20,131 
  
    Payroll tax and sales tax payable 
     131,783  
     113,601 
  
    Accrued store expenses 
     39,782  
     58,044 
  
    Accrued freight in cost 
     —  
     35,980 
  
    Accrued UL penalty(i) 
     650,000  
     1,000,000 
  
    Accrued Interest 
     6,373  
     — 
  
    Accrued Expenses and Other Payables 
    $977,120  
    $1,366,968 

  (i) See Note 12 — Commitments and contingencies  

20

8 — LOAN PAYABLES

A summary of the Company’s loans is listed as follows:

  Lender  Due Date  June 30,  2025   March 31,  2025   Chase Bank(i)    January 12, 2028   —    301   Leaf Capital Funding, LLC(ii)  September 30, 2027   31,424    34,620   Automobile Loan – Honda(iii)  June 25, 2027   18,182    20,353   Milea Truck Sales of Queens Inc. (iv)  August 22, 2027   96,253    106,093   Milea Truck Sales of Queens Inc. (iv)  July 26, 2027   69,140    76,779   Peapack-Gladstone Bank(v)  August 31, 2025   4,936,058    4,936,058   Velocity Commercial Capital, LLC (vi)  December 1, 2054   1,926,141    1,927,729   AOWINV LLC (vii)  June 10, 2025   —    255,000   Agile Lending