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
Share-based compensation
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
Accounts receivable
ting assets and liabilities
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 in equity securities
Net cash used in investing activities
Financing activities
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
Payment of finance lease obligations
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
Proceeds from exercise of stock options
Issuance Costs Related to Preferred Stock
Issuance of Redeemable Preferred Stock
Payment of Preferred Stock dividends
Net cash provided by financing activities
Effect of exchange rate on cash.
Net increase in cash and restricted cash
Cash and restricted cash at beginning of year
Cash and restricted cash at end of year
Ⓒ2023 Nuvve Holding Corp. All rights reserved. Confidential and proprietary.
35
$
$
Years Ended December 31.
2022
2021
(24,557,506) $
289,536
5,234,878
(11,986,462)
(152,723)
421,183
763,302
(433,644)
(2,072,001)
(3,346,937)
1,340,918
417,481
(34,081,975)
(438,045)
(1,000,000)
(1,438,045)
||||
(9,691)
1,994,073
185
13,069,815
3,763,494
245,748
19,063,624
(50,228)
(16,506,624)
32,740,520
16,233,896
(74,617,312)
167,558
4,219,989
46,771,276
427,796
116,147
312,400
1,326
(492,100)
3,636
(887,697)
(10,065,710)
(693,756)
2,780,890
2,138,574
626,265
(29,190,718)
7,649
(273,124)
(265,475)
58,184,461
(18,629)
(3,970,657)
14,250,000
(487,500)
(6,000,000)
50,206
(2,000,000)
(1,000,000)
(5,839)
576,528
(2,956,248)
3,138,000
(39,096)
59,721,226
199,592
30,464,625
2,275,895
32,740,520View entire presentation