Company: FLYE
Filing Date: 2025-12-18
Form Type: 10-Q
Source: 0001213900-25-123281
Chunk: 8

Company: Fly-E Group, Inc.
Filing Date: 2025-12-18
Form: 10-Q
Item: Item 1
Chunk 8
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     (3,562,871)
  
    Prepayments and other receivables 
     (1,371,452) 
     (1,864,681)
  
    Prepayments for operation services to a related party 
     45,000  
     (180,000)
  
    Security deposits 
     41,550  
     (55,598)
  
    Accounts payable 
     (722,056) 
     (815,667)
  
    Accrued expenses and other payables 
     (793,623) 
     (380,183)
  
    Accrued expenses and other payables - related parties 
     225  
     — 
  
    Operating lease liabilities 
     (2,676,403) 
     (1,516,198)
  
    Taxes payable 
     (14,978) 
     (1,530,416)
  
    Net cash used in operating activities 
     (7,707,529) 
     (9,412,145)

    Cash flows from investing activities 

    Purchases of properties and equipment 
     (44,661) 
     (1,575,936)
  
    Purchase of software from a related party 
     —  
     (500,000)
  
    Payments of property rights 
     (15,477) 
     — 
  
    Prepayment for purchasing software from a related party 
     —  
     (801,980)
  
    Cash released from disposal of entities 
     (230,076) 
     — 
  
    Repayment from a related party 
     —  
     510,381 
  
    Advance to a related party 
     (161,826) 
     (477,933)
  
    Net cash used in investing activities 
     (452,040) 
     (2,845,468)

    Cash flows from financing activities 

    Proceeds from borrowings 
     1,917,100  
     3,737,500 
  
    Repayments of borrowings 
     (1,370,591) 
     (391,308)
  
    Repayments on other payables - related parties 
     —  
     (92,229)
  
    Payments of offering cost 
     (516,490)