Element 29 Resources
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 Element 29 Resources generated cash of -$1,858,163, which is more than the previous year. Cash used in financing activities reached the amount of $3,386,739 last year. Net change in cash is therefore $148,580.
Cash Flow
| 2019 | -1.00M | -932.68K | 2.31M |
|---|---|---|---|
| 2020 | -1.78M | -306.00K | 7.88M |
| 2021 | -2.01M | -3.21M | 6.84M |
| 2022 | -2.22M | -5.24M | 720K |
| 2023 | -1.85M | -1.37M | 3.38M |
ECU.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 1.07M | 7.83M | 6.21M | 424.56K | 47.61K |
Operating activities | |||||
Net income | -1.91M | -5.24M | -2.90M | -2.08M | -1.13M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 39.66K | 17.76K | 5.14K | 0 | 0 |
Stock-based compensation expense | 169.35K | 1.59M | 873.07K | 232.16K | 90.79K |
| Deferred income tax benefit | 169.35K | 1.59M | 873.07K | 232.16K | 90.79K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -41.01K | -121.69K | 1.88K | -21.70K | -1.67K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -1.85M | -2.22M | -2.01M | -1.78M | -1.00M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -25K | 0 | 0 |
Investments In Property Plant And Equipment | -1.40M | -5.24M | -3.19M | -607.90K | -1.03M |
Acquisitions Net | 0 | 0 | 0 | 0 | 51.51K |
Cash generated by investing activities | -1.37M | -5.24M | -3.21M | -306.00K | -932.68K |
Financing activities | |||||
Common Stock Issued | 3.68M | 720K | 6.89M | 6.65M | 2.36M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -49.10K | 0 | 0 | -1.82M | 0 |
Cash used in financing activities | 3.38M | 720K | 6.84M | 7.88M | 2.31M |
Net Change In Cash | 148.58K | -6.75M | 1.61M | 5.79M | 376.94K |
Cash at end of period | 1.22M | 1.07M | 7.83M | 6.21M | 424.56K |