Avanti Helium 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 Avanti Helium Corp. generated cash of -$6,731,711, which is less than the previous year. Cash used in financing activities reached the amount of $11,261,419 last year. Net change in cash is therefore -$1,423,489.
Cash Flow
| 2014 | -1.43M | -273.46K | 1.72M |
|---|---|---|---|
| 2015 | -466.78K | -213.41K | 495.47K |
| 2016 | -474.86K | -372.38K | 843.34K |
| 2017 | -695.94K | -131.3K | 1.30M |
| 2018 | -335.45K | -197.58K | -10.24K |
| 2019 | -653.49K | 0 | 1.05M |
| 2020 | -153.32K | 1.48M | 1.48M |
| 2021 | -6.14M | -9.18M | 14.90M |
| 2022 | -1.93M | -11.87M | 15.27M |
| 2023 | -6.73M | -5.94M | 11.26M |
AVN.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.83M | 1.33M | 1.77M | 439.75K | 42.28K | 585.57K | 106.00K | 109.91K | 294.63K | 275.7K |
Operating activities | ||||||||||
Net income | -11.64M | -8.29M | -10.55M | -534.75K | -320.79K | -5.47M | -850.05K | -890.32K | -2.38M | -1.75M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 26.83K | 22.22K | 3.65K | 0 | 3.66K | 135 | 134 | 136 | 171 | 0 |
Stock-based compensation expense | 894.85K | 2.47M | 4.42M | 392K | 0 | 0 | 0 | 304.48K | 0 | 38.18K |
| Deferred income tax benefit | 894.85K | 2.47M | 4.42M | 392K | 0 | 0 | 0 | 304.48K | 0 | 38.18K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 137.82K | -142.73K | -234.40K | -1.22K | 12.96K | 0 | 116.07K | 0 | 0 | 51.66K |
Inventories | 0 | 0 | 0 | 0 | -12 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | -274.55K | 0 | -51.31K | 0 | -117.60K | 0 |
Cash generated by operating activities | -6.73M | -1.93M | -6.14M | -153.32K | -653.49K | -335.45K | -695.94K | -474.86K | -466.78K | -1.43M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -4.03M | -14.83K | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -6.22M | -15.91M | -5.08M | 1.5K | 0 | -197.58K | -131.3K | -372.38K | -58.45K | -138.69K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -154.95K | 0 |
Cash generated by investing activities | -5.94M | -11.87M | -9.18M | 1.48M | 0 | -197.58K | -131.3K | -372.38K | -213.41K | -273.46K |
Financing activities | ||||||||||
Common Stock Issued | 11.01M | 15.00M | 10.57M | 1.5M | 1.61M | 0 | 1.35M | 364.8K | 500K | 1.77M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -89.07K | -3.73K | -2.28K | 0 | -500K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 11.26M | 15.27M | 14.90M | 1.48M | 1.05M | -10.24K | 1.30M | 843.34K | 495.47K | 1.72M |
Net Change In Cash | -1.42M | 1.49M | -432.98K | 1.33M | 397.47K | -543.28K | 479.56K | -3.90K | -184.72K | 18.93K |
Cash at end of period | 1.40M | 2.83M | 1.33M | 1.77M | 439.75K | 42.28K | 585.57K | 106.00K | 109.91K | 294.63K |