Artificial Intelligence Technology Solutions
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Artificial Intelligence Technology Solutions generated cash of -$12,951,743, which is less than the previous year. Cash used in financing activities reached the amount of $12,113,716 last year. Net change in cash is therefore -$833,833.
Cash Flow
| 2015 | -379.04K | -30K | 381.54K |
|---|---|---|---|
| 2016 | -555.84K | 0 | 555.38K |
| 2017 | -184.83K | -85.05K | 185.70K |
| 2018 | -3.30M | -239.49K | 3.51M |
| 2019 | -1.80M | -202.71K | 2.00M |
| 2020 | -1.75M | -17.32K | 1.76M |
| 2021 | -3.07M | -40.62K | 4.14M |
| 2022 | -14.82M | -129.2K | 18.55M |
| 2023 | -12.57M | -308.40K | 9.17M |
| 2024 | -12.95M | 4.19K | 12.11M |
AITX Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 939.75K | 4.64M | 1.04M | 13.30K | 21.19K | 24.77K | 56.90K | 2.22K | 2.67K | 30.18K |
Operating activities | ||||||||||
Net income | -20.70M | -18.10M | -62.19M | -5.89M | -6.21M | 15.36M | -24.24M | 33.84M | -1.26M | -1.02M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 854.04K | 478.11K | 232.88K | 120.84K | 102.24K | 114.61K | 130.08K | 767 | 18.58K | 11.87K |
Stock-based compensation expense | 1.79M | 740.05K | 2.15M | 362.08K | 0 | 746.26K | 2.84K | 0 | 0 | 100K |
| Deferred income tax benefit | 1.79M | 740.05K | 2.15M | 362.08K | 0 | 746.26K | 2.84K | 0 | 0 | 100K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -533.95K | 119.33K | -339.94K | -73.29K | -10.15K | -11.96K | -20.22K | -7.77K | 5.25K | -5.25K |
Inventories | -3.54M | -1.16M | -2.19M | -177.19K | -6.87K | 42.61K | -270.01K | 0 | 5.70K | -194.36K |
Accounts payable | 1.29M | 374.52K | -596.61K | 89.22K | 157.16K | 1.21M | 344.29K | 112.78K | -5.70K | 194.36K |
Cash generated by operating activities | -12.95M | -12.57M | -14.82M | -3.07M | -1.75M | -1.80M | -3.30M | -184.83K | -555.84K | -379.04K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -50K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -22.16K | -258.40K | -141.82K | -37.76K | -26.82K | -232.85K | -228.37K | -85.05K | 0 | -30K |
Acquisitions Net | 0 | 0 | 30K | 1K | 9.5K | 0 | 17K | 0 | 0 | 0 |
Cash generated by investing activities | 4.19K | -308.40K | -129.2K | -40.62K | -17.32K | -202.71K | -239.49K | -85.05K | 0 | -30K |
Financing activities | ||||||||||
Common Stock Issued | 10.82M | 7.77M | 12.52M | 0 | 0 | 174.07K | 0 | 5K | 4.59K | 0 |
Payments for dividends | 0 | 0 | -500K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -1.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.28M | 1.40M | 8.03M | -1.11M | -534.89K | 1.63M | -61.53K | 145.60K | -6.25K | -4.27K |
Cash used in financing activities | 12.11M | 9.17M | 18.55M | 4.14M | 1.76M | 2.00M | 3.51M | 185.70K | 555.38K | 381.54K |
Net Change In Cash | -833.83K | -3.70M | 3.60M | 1.03M | -7.88K | -3.58K | -32.13K | 877 | -456 | -27.50K |
Cash at end of period | 105.92K | 939.75K | 4.64M | 1.04M | 13.30K | 21.19K | 24.77K | 3.1K | 2.22K | 2.67K |
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