Company: ECIA
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001079973-25-001132
Chunk: 38

Company: ENCISION INC
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 38
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 Balances at March 31 2023 
     11,769,543  
    $24,348,075  
    $(21,853,264) 
    $2,494,811 
  
    Net loss 
     —  
     —  
     (691,783) 
     (691,783)
  
    Compensation expense related to stock based compensation 
     —  
     53,552  
     —  
     53,552 
  
    Options exercised 
     89,084  
     (29,832) 
     —  
     (29,832)
  
    Balances at March 31 2024 
     11,858,627  
    $24,371,795  
    $(22,545,047) 
    $1,826,748 
  
    Net loss 
     —  
     —  
     (220,198) 
     (220,198)
  
    Compensation expense related to stock based compensation 
     —  
     46,001  
     —  
     46,001 
  
    Options exercised 
     21,018  
     (1,449) 
     —  
     (1,449)
  
    Balances at March 31 2025 
     11,879,645  
    $24,416,347  
    $(22,765,245) 
    $1,651,102 

The accompanying notes to financial statements
are an integral part of these statements.

25 

Encision Inc.

Statements of Cash Flows

    Years Ended 
    March 31, 2025  
    March 31, 2024 
  
    Cash flows provided by (used in) operating activities: 

    Net (loss) 
     (220,198) 
    $(691,783)
  
    Adjustments to reconcile net (loss) income to net cash (used in) operating activities: 

    Depreciation and amortization 
     81,393  
     85,218 
  
    Stock-based compensation expense related to stock options 
     46,001  
     53,552 
  
    Provision for inventory obsolescence 
     4,920  
     12,000 
  
    Change in operating assets