Company: SINT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024040
Chunk: 41

Company: Sintx Technologies, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 2
Chunk 41
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 exchange for the assumption by Tethon of the outstanding liabilities of TA&T.

As a result of these uncertainties, management has concluded that substantial doubt exists about the Company’s ability to continue
as a going concern for 12 months from the date these condensed consolidated financial statements are issued. The condensed consolidated financial statements
do not include any adjustments that might result from the outcome of these uncertainties.

Cash
Flows

The
following table summarizes, for the periods indicated, cash flows from operating, investing and financing activities (in thousands) –
unaudited:

    Six Months Ended June 30, 

    2025  
    2024 
  
    Net cash used in operating activities 
    $(3,710) 
    $(4,948)
  
    Net cash provided by (used in) investing activities 
     289  
     (173)
  
    Net cash provided by financing activities 
     4,143  
     6,338 
  
    Net increase in cash 
    $722  
    $1,217 

22

Net
cash used in operating activities

Net
cash used in operating activities was $3.7 million during the six months ended June 30, 2025, compared to $4.9 million used during the
six months ended June 30, 2024, a decrease of $1.2 million. Decrease in net loss of $1.5 million, combined with adjustments of non-cash items of $2.9 million, and an increase in other liabilities
of $0.8 million, contributed positively to our net cash used in operating activities, partially offset by increases in accounts receivable
of $0.2 million and prepaid expenses of $0.7 million.

Net
cash provided by (used in) investing activities

Net
cash provided by investing activities was $0.3 million during the six months ended June 30, 2025, compared to net cash used in investing
activities of $0.2 million during the six months ended June 30, 2024, an increase of $0.5 million. The increase in cash provided by
investing activities during 2025 was primarily due to a $0.5 million decrease in purchase of property and equipment and a $0.3 million
increase in proceeds from the sale of property and equipment, partially offset by a $0.3 million decrease in proceeds from notes receivable.

Net
cash provided by financing