Company: FLYE
Filing Date: 2025-02-19
Form Type: 10-Q
Source: 0001213900-25-015334
Chunk: 1

Company: Fly-E Group, Inc.
Filing Date: 2025-02-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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-term loan payables 
     99,079  
     1,213,242 
  
    Accrued expenses and other payables 
     432,469  
     925,389 
  
    Other payables – related parties 
     —  
     92,229 
  
    Operating lease liabilities – current 
     3,151,171  
     2,852,744 
  
    Taxes payable 
     —  
     1,530,416 
  
    Total Current Liabilities 
     9,870,417  
     7,794,816 
  
    Long-term loan payables 
     2,090,734  
     412,817 
  
    Operating lease liabilities – non-current 
     12,153,196  
     13,986,879 
  
    Total Liabilities 
     24,114,347  
     22,194,512 

    Commitment and Contingencies 

    Stockholders’ Equity 

    Preferred stock, $0.01 par value, 4,400,000 shares authorized and nil outstanding as of December 31, 2024 and March 31, 2024* 
     —  
     — 
  
    Common stock, $0.01 par value, 44,000,000 shares authorized and 24,587,500 shares outstanding  as of December 31, 2024 and 22,000,000 shares outstanding as of March 31, 2024* 
     245,875  
     220,000 
  
    Additional Paid-in Capital 
     10,744,024  
     2,400,000 
  
    Shares Subscription Receivable 
     (219,998) 
     (219,998)
  
    Retained Earnings 
     2,388,806  
     4,395,649 
  
    Accumulated other comprehensive loss 
     (33,371) 
     (13,829)
  
    Total FLY-E Group, Inc. Stockholders’ Equity 
     13,125,336  
     6,781,822 
  
    Total Liabilities and Stockholders’ Equity 
    $37,239,683  
    $28,976,334 

  * Shares and per share data are presented