Arras Minerals Corp.
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 Arras Minerals Corp. generated cash of -$5,244,326, which is less than the previous year. Cash used in financing activities reached the amount of $5,140,097 last year. Net change in cash is therefore -$133,440.
Cash Flow
| 2022 | -5.18M | -2.14M | 3.95M |
|---|---|---|---|
| 2023 | -5.24M | -29.21K | 5.14M |
ARK.V Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 424.12K | 3.80M |
Operating activities | ||
Net income | -5.71M | -5.94M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 120.21K | 88.40K |
Stock-based compensation expense | 254.37K | 493.15K |
| Deferred income tax benefit | 254.37K | 493.15K |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 7.80K | 0 |
Inventories | 0 | 0 |
Accounts payable | 33.45K | -92.48K |
Cash generated by operating activities | -5.24M | -5.18M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -29.21K | -43.78K |
Acquisitions Net | 0 | 33.05K |
Cash generated by investing activities | -29.21K | -2.14M |
Financing activities | ||
Common Stock Issued | 5.23M | 4.07M |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -94.87K | -63.25K |
Cash used in financing activities | 5.14M | 3.95M |
Net Change In Cash | -133.44K | -3.38M |
Cash at end of period | 290.68K | 424.12K |