Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 107

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 107
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     (282,403) 
     (201,379)
  
    Net
    proceeds from issuance of common stock - IPO 
     9,154,500  
     — 
  
    Net
    cash provided by (used in) financing activities 
     12,486,104  
     (49,628)
  
    Net changes in cash including
    cash classified within current assets held for sale 
     (474,634) 
     1,058,449 
  
    Effect of exchange rate
    changes on cash 
     (27,230) 
     (13,829)
  
    Less: net decrease in cash
    classified within current assets held for sale 
     (61,548) 
     — 
  
    Cash
    at beginning of the year 
     1,403,514  
     358,894 
  
    Cash
    at the end of the year 
    $840,102  
    $1,403,514 

    Supplemental disclosure
    of cash flow information 

    Cash
    paid for interest expense 
    $405,615  
    $152,050 
  
    Cash
    paid for income taxes 
    $1,957,867  
    $435,881 

    Supplemental disclosure
    of non-cash investing and financing activities 

    Settlement of accounts
    payable by related parties 
    $—  
    $50,000 
  
    Settlement of accounts
    payable by capital contribution 
    $—  
    $2,263,630 
  
    Purchase of vehicle funded
    by loan 
    $224,638  
    $34,974 
  
    Purchase of office funded
    by loan 
    $1,800,000  
    $— 
  
    Purchase software and office
    by using previous prepayments 
    $1,729,000  
    $— 
  
    Purchase property rights
    by using previous prepayments 
    $54,572  
     — 
  
    Properties used for rental
    services 
    $193,964  
     — 
  
    Unpaid deferred IPO cost 
    $—  
    $225,000 
  
    Deferred IPO cost recognized
    as additional paid-in capital 
    $502,198  
    $— 
  
    Uncollected proceeds from