Earthworks Industries
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 Earthworks Industries generated cash of -$1,258,487, which is less than the previous year. Cash used in financing activities reached the amount of $2,021,932 last year. Net change in cash is therefore $699,666.
Cash Flow
| 2014 | -458.96K | -34.96K | 563.03K |
|---|---|---|---|
| 2015 | -371.96K | 0 | 365.06K |
| 2016 | -262.87K | -6.63K | 310.34K |
| 2017 | -595.96K | -12.47K | 1.47M |
| 2018 | -567.41K | -68.34K | -227.31K |
| 2019 | -335.87K | -133.62K | 386.25K |
| 2020 | -452.04K | -95.56K | 608.97K |
| 2021 | -553.32K | -122.54K | 895.04K |
| 2022 | -376.69K | -424.52K | 722.33K |
| 2023 | -1.25M | -63.77K | 2.02M |
EWK.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 209.20K | 288.08K | 68.89K | 7.52K | 90.77K | 953.83K | 86.92K | 46.09K | 52.99K | 2.16K |
Operating activities | ||||||||||
Net income | 2.26M | -1.84M | -1.04M | -1.01M | -936.42K | -1.15M | -1.56M | -746.64K | -749.03K | -1.09M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 877 | 677 | 701 | 966 | 2.28K | 604 | 604 | 809 | 932 |
Stock-based compensation expense | 218K | 917.94K | 173.1K | 66.77K | 167.59K | 154.82K | 541.28K | 0 | 233.30K | 0 |
| Deferred income tax benefit | 218K | 917.94K | 173.1K | 66.77K | 167.59K | 154.82K | 541.28K | 0 | 233.30K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -5.93K | 1.16K | 21.34K | -28.28K | 345 | 1.22K | -131 | -271 | 544 | 0 |
Inventories | -215.26K | 6.53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 215.26K | -6.53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -1.25M | -376.69K | -553.32K | -452.04K | -335.87K | -567.41K | -595.96K | -262.87K | -371.96K | -458.96K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -424.52K | -122.54K | -95.56K | -133.62K | -68.34K | -4.19K | 0 | 0 | -1.67K |
Acquisitions Net | 0 | 0 | -122.54K | -95.56K | -133.62K | -68.34K | -8.28K | -6.63K | 0 | 0 |
Cash generated by investing activities | -63.77K | -424.52K | -122.54K | -95.56K | -133.62K | -68.34K | -12.47K | -6.63K | 0 | -34.96K |
Financing activities | ||||||||||
Common Stock Issued | 2.4M | 690.72K | 880K | 575K | 395K | 0 | 2.01M | 466K | 355K | 1.33M |
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 | 0 | 32.81K | -76.47K | -47.73K | 0 | -227.31K | -531.25K | -249.40K | 0 | -525K |
Cash used in financing activities | 2.02M | 722.33K | 895.04K | 608.97K | 386.25K | -227.31K | 1.47M | 310.34K | 365.06K | 563.03K |
Net Change In Cash | 699.66K | -78.88K | 219.18K | 61.37K | -83.25K | -863.06K | 866.91K | 40.83K | -6.90K | 50.83K |
Cash at end of period | 908.87K | 209.20K | 288.08K | 68.89K | 7.52K | 90.77K | 953.83K | 86.92K | 46.09K | 52.99K |