Cardio Diagnostics Holdings
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 Cardio Diagnostics Holdings generated cash of -$5,672,175, which is less than the previous year. Cash used in financing activities reached the amount of $3,632,468 last year. Net change in cash is therefore -$2,833,998.
Cash Flow
| 2020 | 25.85K | -29.91K | 240K |
|---|---|---|---|
| 2021 | -585.29K | -364.02K | 1.22M |
| 2022 | -5.09M | -368.00K | 9.06M |
| 2023 | -5.67M | -794.29K | 3.63M |
CDIOW Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 4.11M | 512.76K | 237.08K | 1.13K |
Operating activities | ||||
Net income | -8.37M | -4.66M | -620.44K | -605.16K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 111.62K | 16K | 16K | 10.66K |
Stock-based compensation expense | 1.27M | 0 | 60K | 589.26K |
| Deferred income tax benefit | 1.27M | 0 | 60K | 589.26K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -4.96K | 901 | -901 | 0 |
Inventories | 4.96K | -136.35K | 5.65K | 0 |
Accounts payable | -781.5K | 136.35K | -5.65K | 0 |
Cash generated by operating activities | -5.67M | -5.09M | -585.29K | 25.85K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -575.66K | -76.15K | -114.02K | -29.91K |
Acquisitions Net | 0 | 141.48K | -250K | 0 |
Cash generated by investing activities | -794.29K | -368.00K | -364.02K | -29.91K |
Financing activities | ||||
Common Stock Issued | 390K | 11.98M | 1.12M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 3.55M | 0 | 0 | 0 |
Cash used in financing activities | 3.63M | 9.06M | 1.22M | 240K |
Net Change In Cash | -2.83M | 3.60M | 275.68K | 235.94K |
Cash at end of period | 1.28M | 4.11M | 512.76K | 237.08K |
| Data source | Data source |