$EUDA
EUDA Health Holdings Ltd
CIK:0001847846|SEC Filings
Consolidated Statements of Cash Flows - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| NET LOSS | $ (2,767,710) | $ (15,391,443) | $ (10,036,104) |
| Net income (loss) from discontinued operations | 2,246,340 | (1,601,323) | |
| Net loss from continuing operations | (2,767,710) | (17,637,783) | (8,434,781) |
| Adjustments to reconcile net loss to net cash used in operating activities of continuing operations: | |||
| Depreciation | 38,549 | 22,111 | 4,886 |
| Amortization of intangible assets | 156,660 | 20,172 | |
| Amortization of operating right-of-use asset | 202,206 | 125,476 | 106,314 |
| Amortization of finance right-of-use assets | 9,061 | 5,458 | 8,148 |
| Provision for credit losses | 44,885 | 2,463 | |
| Inventory write-down | 86,656 | ||
| Deferred taxes benefits | 4,379 | (4,379) | |
| Gain on termination of finance lease | (7,174) | ||
| Loss on disposal of intangible assets | 11,218 | ||
| Impairment loss on long-lived assets | 37,480 | 14,755,560 | |
| Change in fair value of prepaid forward purchase liabilities | 1,303,658 | ||
| Change in fair value of warrants liabilities | 25,000 | ||
| Loss on settlement of prepaid forward contracts | 2,635,816 | ||
| Loss on debt settlement | 448,000 | 645,612 | |
| Gain from forgiveness on promissory note | (10,000) | ||
| Change in operating assets and liabilities | |||
| Accounts receivable | (85,986) | 85,220 | (33,966) |
| Other receivables | (81,005) | 210 | 1,000 |
| Other receivables, related parties | (3,082) | ||
| Inventories, net | 45,428 | (126,274) | |
| Prepaid expenses and other current assets | (22,236) | 69,291 | 61,629 |
| Accounts payable | (12,949) | 15,992 | 1,269 |
| Other payables and accrued liabilities | 344,498 | (235,221) | 519,709 |
| Customer deposits | (24,579) | 451,325 | |
| Taxes payable | (190,999) | 62,943 | 87,869 |
| Operating lease liability | (202,206) | (125,476) | (106,314) |
| Net cash used in operating activities from continuing operations | (2,426,535) | (2,025,572) | (3,213,862) |
| Net cash used in operating activities from discontinued operations | (9,155) | 295,967 | |
| Net cash used in operating activities | (2,426,535) | (2,034,727) | (2,917,895) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||
| Purchases of equipment | (77,264) | (96,762) | |
| Purchases of intangible assets | (27,186) | (19,268) | |
| Cash acquired through assets acquisition | 16,297 | ||
| Loan to third parties | (44,885) | ||
| Net cash used in investing activities from continuing operations | (104,450) | (144,618) | |
| Net cash used in investing activities from discontinued operations | (3,148) | ||
| Net cash used in investing activities | (104,450) | (147,766) | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Proceeds from issuance of warrants | 100,000 | ||
| Proceeds received from convertible notes | 1,000,000 | 1,500,000 | |
| Repayments of convertible note | (300,000) | ||
| Proceeds received from Issuance of ordinary shares through private placements | 50,000 | 790,000 | |
| Proceeds from short-term loans - private lenders | 471,386 | 784,269 | |
| Repayments to short-term loans - private lenders | (595,277) | (256,935) | |
| Proceeds received from short-term loans - related parties | 1,345,656 | 436,177 | 1,237,642 |
| Repayments to short-term loans - related parties | 208,917 | ||
| Advance from other payables - related parties | 234,460 | (140,950) | |
| Payment of finance lease liabilities | (6,194) | (4,450) | (5,945) |
| Repayments to discontinued operations entities | 493,769 | ||
| Net cash provided by financing activities from continuing operations | 2,550,031 | 2,068,111 | 2,724,383 |
| Net cash provided by financing activities from discontinued operations | 256,088 | (371,888) | |
| Net cash provided by financing activities | 2,550,031 | 2,324,199 | 2,352,495 |
| EFFECT OF EXCHANGE RATE CHANGES | 88,494 | (101,655) | (21,531) |
| NET CHANGE IN CASH | 107,540 | 40,051 | (586,931) |
| CASH, beginning of the year | 237,605 | 197,554 | 784,485 |
| CASH, end of the year | 345,145 | 237,605 | 197,554 |
| Less: Cash from discontinued operations | (8,549) | ||
| Cash from continuing operations, end of the year | 345,144 | 237,605 | 189,005 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | |||
| Cash paid for income tax | 32,156 | 11,627 | 42,900 |
| Cash paid for interest | 5,996 | 55,382 | 17,520 |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | |||
| Initial recognition of operating right-of-use assets and lease liabilities | 256,208 | 159,409 | 236,705 |
| Initial recognition of financing right-of-use assets and lease liabilities | 36,204 | ||
| Derecognition of financing right-of-use assets upon lease termination | 80,931 | 12,918 | |
| Derecognition of financing lease liabilities upon lease termination | 19,297 | ||
| Issuance of ordinary shares upon conversion of convertible notes | 1,022,329 | 3,613,125 | 1,424,304 |
| Issuance of ordinary shares upon settlement of debts | 1,713,587 | 1,538,914 | |
| Issuance of ordinary shares upon settlement of prepaid forward contracts | 2,368,000 | ||
| Reclassification of other payables and accrued liabilities upon settlement of a promissory note | 160,000 | ||
| Issuance of ordinary shares in assets acquisition | 15,000,000 | ||
| Issuance of convertible notes in settlement of short-term loans related parties, and other payables - related party | $ 935,377 | ||
Consolidated Balance Sheets - USD ($) |
Dec. 31, 2025 |
Dec. 31, 2024 |
||
|---|---|---|---|---|
| CURRENT ASSETS | ||||
| Cash | $ 345,145 | $ 237,605 | ||
| Accounts receivable, net | 242,613 | 146,174 | ||
| Inventories, net | 2,844 | 128,977 | ||
| Prepaid expenses and other current assets | 357,175 | 226,027 | ||
| Total Current Assets | 1,039,366 | 762,876 | ||
| PROPERTY AND EQUIPMENT, NET | 137,294 | 87,712 | ||
| OTHER ASSETS | ||||
| Prepaid expenses - non-current | 183,470 | 281,375 | ||
| Intangible assets, net | 161,434 | 337,295 | ||
| Operating lease right-of-use assets | 177,030 | 202,980 | ||
| Finance lease right-of-use assets | 17,968 | 25,572 | ||
| Total Other Assets | 539,902 | 847,222 | ||
| Total Assets | 1,716,562 | 1,697,810 | ||
| CURRENT LIABILITIES | ||||
| Accounts payable | 14,147 | 25,886 | ||
| Other payables and accrued liabilities | 1,964,835 | 1,598,129 | ||
| Customer deposits | 522,030 | 477,916 | ||
| Warrants liabilities | 125,000 | |||
| Operating lease liabilities | 126,973 | 174,757 | ||
| Finance lease liabilities | 6,253 | 4,615 | ||
| Taxes payable | 85,521 | 263,044 | ||
| Total Current Liabilities | 5,835,533 | 4,141,374 | ||
| OTHER LIABILITIES | ||||
| Deferred tax liabilities | 81,079 | 76,700 | ||
| Operating lease liabilities - non-current | 50,057 | 28,222 | ||
| Finance lease liabilities - non-current | 17,415 | 23,582 | ||
| Total Other Liabilities | 148,551 | 128,504 | ||
| Total Liabilities | 5,984,084 | 4,269,878 | ||
| COMMITMENTS AND CONTINGENCIES | ||||
| SHAREHOLDERS’ DEFICIT | ||||
| Ordinary shares, no par value, unlimited shares authorized, 1,890,375 shares and 1,857,653 shares issued and outstanding as of December 31, 2025 and 2024, respectively | [1] | 48,829,228 | 47,806,899 | |
| Accumulated deficit | (52,873,188) | (50,100,426) | ||
| Accumulated other comprehensive loss | (210,985) | (259,532) | ||
| Total Euda Health Holdings Limited Shareholders’ Deficit | (4,254,945) | (2,553,059) | ||
| Noncontrolling interests | (12,577) | (19,009) | ||
| Total Shareholders’ Deficit | (4,267,522) | (2,572,068) | ||
| Total Liabilities and Shareholders’ Deficit | 1,716,562 | 1,697,810 | ||
| Nonrelated Party [Member] | ||||
| CURRENT ASSETS | ||||
| Other receivables | 82,964 | 4,596 | ||
| CURRENT LIABILITIES | ||||
| Convertible notes | 4,929 | 29,073 | ||
| Related Party [Member] | ||||
| CURRENT ASSETS | ||||
| Other receivables | 8,625 | 19,497 | ||
| CURRENT LIABILITIES | ||||
| Short term loans | 1,774,713 | 438,097 | ||
| Convertible notes | 46,377 | 46,377 | ||
| Other payables - related parties | 790,101 | 555,406 | ||
| Private Lenders [Member] | ||||
| CURRENT LIABILITIES | ||||
| Short term loans | $ 374,654 | $ 528,074 | ||
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