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
Change in fair value of warrants liability
Change in fair value of derivative liability
Gains from sale of investments in equity securities
Noncash lease expense
Change in operating assets and liabilities
Accounts receivable
Inventory
Prepaid expenses and other assets
Accounts payable
Due to customers
Accrued expenses
Deferred revenue
Net cash used in operating activities
Investing activities
Purchase of property and equipment
Investments in equity securities
Proceeds from sale of investments in equity securities
Net cash provided (used) in investing activities
Financing activities
Proceeds from forward option put exercise
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
Net cash provided in financing activities
Effect of exchange rate on cash
Net decrease in cash and restricted cash
Cash and restricted cash at beginning of year
Cash and restricted cash at end of period
Ⓒ2023 Nuvve Holding Corp. All rights reserved. Confidential and proprietary.
36
$
$
Six Months Ended June 30,
2023
2022
(15,644,202)
156,290
2,069,227
69,964
(6,219)
(325,155)
233,730
(903,652)
2,612,535
249,728
(1,595,737)
2,980,318
1,195,845
(140,783)
(9,048,111)
(101,775)
1,325,155
1,223,380
2,347,192
781,624
(4,480)
$
3,124,336
5,503
(4,694,892)
16,233,896
11,539,004 $
(10,189,362)
137,755
3,357,859
(9,361,000)
(20,936)
283,251
(74,278)
322,156
(1,462,221)
(2,409,448)
(684,517)
79,576
(20,021,165)
(317,225)
(1,000,000)
(1,317,225)
1,994,073
1,859,685
(4,425)
173,575
4,022,908
(54,796)
(17,370,278)
32,740,520
15,370,242View entire presentation