Commerce Resources 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 Commerce Resources Corp. generated cash of -$509,690, which is more than the previous year. Cash used in financing activities reached the amount of $6,431,402 last year. Net change in cash is therefore $3,441,197.
Cash Flow
| 2014 | 50.64K | -6.84M | 7.47M |
|---|---|---|---|
| 2015 | -950.81K | -3.60M | 3.27M |
| 2016 | -1.06M | -2.27M | 3.59M |
| 2017 | -1.34M | -1.51M | 2.62M |
| 2018 | -210.07K | 186.86K | 67.99K |
| 2019 | -1.58M | -965.10K | 2.73M |
| 2020 | -828.10K | -8.51K | 1.64M |
| 2021 | -2.36M | -3.31M | 7.88M |
| 2022 | -774.13K | -4.30M | 2.33M |
| 2023 | -509.69K | -2.48M | 6.43M |
CCE.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 513.79K | 3.26M | 1.05M | 242.65K | 56.71K | 11.91K | 253.18K | 5.34K | 1.28M | 600.56K |
Operating activities | ||||||||||
Net income | -1.69M | -723.56K | -451.10K | -827.41K | -1.14M | -799.97K | -1.54M | -1.06M | -2.48M | -1.45M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 32.69K | 19.07K | -12.57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 346.89K | 296.89K | 374.23K | 18.91K | 333.71K | 0 | 630.53K | 0 | 0 | 0 |
| Deferred income tax benefit | 346.89K | 296.89K | 374.23K | 18.91K | 333.71K | 0 | 630.53K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 222.20K | -260.14K | -270.91K | 133.37K | 21.71K | 180 | 95.69K | 6.83K | 43.58K | 97.5K |
Inventories | 0 | 260.14K | 270.91K | -133.37K | -21.71K | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -37.67K | 48.16K | -239.30K | -57.12K | -33.98K | 79.64K | -453 | 79.06K | 63.47K | 65.46K |
Cash generated by operating activities | -509.69K | -774.13K | -2.36M | -828.10K | -1.58M | -210.07K | -1.34M | -1.06M | -950.81K | 50.64K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -410.52K | 0 | -98K | 0 | 0 | -4.42M |
Investments In Property Plant And Equipment | -2.48M | -4.30M | -3.31M | -422.26K | -568.07K | -203.13K | -1.46M | -2.81M | -7.96M | -2.55M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 250K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -2.48M | -4.30M | -3.31M | -8.51K | -965.10K | 186.86K | -1.51M | -2.27M | -3.60M | -6.84M |
Financing activities | ||||||||||
Common Stock Issued | 6.56M | 2.27M | 7.88M | 1.41M | 2.73M | 67.99K | 2.62M | 3.59M | 3.27M | 7.47M |
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 | -43.2K | -25.2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 6.43M | 2.33M | 7.88M | 1.64M | 2.73M | 67.99K | 2.62M | 3.59M | 3.27M | 7.47M |
Net Change In Cash | 3.44M | -2.74M | 2.20M | 810.16K | 185.94K | 44.79K | -241.27K | 247.84K | -1.28M | 686.02K |
Cash at end of period | 3.95M | 513.79K | 3.26M | 1.05M | 242.65K | 56.71K | 11.91K | 253.18K | 5.34K | 1.28M |