Company: FWFW
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002097
Chunk: 356

Company: FLYWHEEL ADVANCED TECHNOLOGY, INC.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 6
Chunk 356
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 operations 
    $(286,296) 
    $(275,756)
  
    Net cash (used in) provided by operating activities - discontinued operations 
     (492,320) 
     109,361 
  
    Net cash used in operating activities 
    $(778,616) 
    $(166,395)

    Net cash used in investing activities - continuing operations 
    $(228,084) 
    $- 
  
    Net cash (used in) provided by investing activities - discontinued operations 
     (7,600) 
     565,449 
  
    Net cash (used in) provided by investing activities 
    $(235,684) 
    $565,449 

    Net cash provided by financing activities - continuing operations 
    $284,025  
    $275,756 
  
    Net cash provided by financing activities - discontinued operations 
     111,504  
     (53,189)
  
    Net cash provided by financing activities 
    $395,529  
    $222,567 

Operating
Activities

Cash
flows used in operating activities of our continuing operations for the year ended September 30, 2024 were $0.29 million. The
adjustments to reconcile our net loss from continuing operations of $0.31 million to net cash used in operating activities included
add-backs for  the net positive change in our operating assets and liabilities of $0.02
million. Cash flows used in operating activities of our discontinued operations for the year ended September 30, 2024 were $0.49
million.

Cash
flows used in operating activities of our continuing operations for the year ended September 30, 2023 were $0.28 million. The adjustments
to reconcile our net loss from continuing operations of $1.32 million to net cash used in operating activities included add-backs for
non-cash of stock-based compensation expenses of $1 million, and the net positive change in our operating assets and liabilities of $0.02
million. Cash flows provided by operating activities of our discontinued operations for the year ended September 30, 2023 were $0.11
million.

Investing
Activities

Cash
flows used in investing activities of our continuing operations for the year ended September 30, 2024 were $0.23 million which is attributed
to the cash outflow from disposal of subsidiaries of 0.23 million. Cash flows used in investing activities of our