Nuvve Results Presentation Deck
CONDENSED
CONSOLIDATED
STATEMENT OF
CASH FLOWS
(unaudited)
Operating activities
Net loss
Adjustments to reconcile to net loss to net cash used in operating activities
Depreciation and amortization
Stock-based compensation
Write-off of deferred financing costs
Beneficial conversion feature on convertible debenture
Accretion of discount on convertible debenture
Change in fair value of warrants liability
Change in fair value of derivative liability
Loss on disposal of asset
Gain on extinguishment of PPP Loan
Noncash lease expense
Change in operating assets and abilities
Accounts receivable
Inventory
Prepaid expenses and other assets
Accounts payable
Accrued expenses
Deferred revenue
Net cash used in operating activities
Investing activities
Proceeds from sale of property and equipment
Purchase of property and equipment
Investments
Net cash (used) provided in investing activities
Financing activities
Deposit with Newborn
Proceeds from Newborn Escrow Account
Redemption of Newborn shares
Issuance costs related to reverse recapitalization and PIPE offering
Proceeds from PIPE offering
Repayment of Newborn sponsor loans
Repurchase of common stock from EDF
Newborn cash acquired
Purchase of stock from investor
Payment of financing costs
Proceeds from forward option put exercise
Proceeds from exercise of pre-funded warrants related to Direct Offering
Proceeds from Direct Offering of common stock, net of offering costs
Proceeds from common stock offering, net of offering costs
Payment of finance lease obligations
Proceeds from exercise of stock options
Issuance of Preferred Stock
Net cash provided in financing activities
Effect of exchange rate on cash
Net (decrease) increase in cash and restricted cash
Cash and restricted cash at beginning of year
Cash and restricted cash at end of period
Ⓒ2022 Nuvve Holding Corp. All rights reserved. Confidential and proprietary.
35
Nine Months Ended September 30,
2022
(70,773,374)
211,220
4,487,003
43,562,847
(854,000)
19,309
336,903
818,758
(649,809)
(2,040,485)
(4,070,611)
443,491
324,660
(28,184,088)
(349,182)
(1,000,000)
(1.349,182)
||||||||||
1,994,073
58
13,069,815
3,763,494
(7,396)
209,280
2021
(18,517,308)
122,352
2,690,081
427.796
116,147
(627,228)
(492,100)
2,141
(99,963)
(5,126,698)
(4,062,202)
(240,200)
2,260,833
(23,478,507)
7,784
7,784
(18,629)
(3,970,657)
14,250,000
(487,500)
(6,000,000)
50,206
(2,000,000)
(1,000,000)
(4,613)
18,325
3,138,000
62,159,593
19,029,324
(121,218)
(10,625,164)
32,740,520
22,115.356 S
NUVVE
150,547
38,839,417
2,275,895
41,115,312View entire presentation