Forum Energy Metals 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 Forum Energy Metals Corp. generated cash of -$6,702,289, which is less than the previous year. Cash used in financing activities reached the amount of $6,422,492 last year. Net change in cash is therefore -$457,195.
Cash Flow
| 2014 | -4.30M | 534K | 3.59M |
|---|---|---|---|
| 2015 | -1.59M | 1.63M | 0 |
| 2016 | -723.37K | 607.32K | 862.76K |
| 2017 | -1.79M | 0 | 1.68M |
| 2018 | -1.08M | -72.42K | 601.41K |
| 2019 | -590.75K | -25K | 612.23K |
| 2020 | -606.46K | 136.72K | 1.64M |
| 2021 | -3.93M | 20.56K | 7.25M |
| 2022 | -3.93M | 26.90K | 1.13M |
| 2023 | -6.70M | -177.39K | 6.42M |
FMC.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.88M | 4.65M | 1.30M | 131.30K | 134.83K | 694.44K | 810.74K | 64.04K | 29.42K | 200.05K |
Operating activities | ||||||||||
Net income | -5.36M | -4.57M | -3.43M | -2.06M | -1.31M | -1.17M | -1.37M | -1.49M | -3.57M | -3.80M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 18.94K | 3.3K | 3.3K | 2.72K | 927 | 1.30K | 1.83K | 2.60K | 8.19K | 8.97K |
Stock-based compensation expense | 163.45K | 1.03M | 460.68K | 144.40K | 257.4K | 0 | 87.92K | 176.42K | 11.99K | 141.01K |
| Deferred income tax benefit | 163.45K | 1.03M | 460.68K | 144.40K | 257.4K | 0 | 87.92K | 176.42K | 11.99K | 141.01K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 151.88K | -87.60K | -91.07K | 21.22K | -4.45K | 333 | 239.08K | -253.79K | 14.20K | 15.50K |
Inventories | 0 | 87.60K | 91.07K | 0 | 0 | 27.63K | 0 | 9.74K | 380.95K | 0 |
Accounts payable | 0 | 271.70K | -14.94K | -102.79K | 224.87K | 2.06K | 0 | 580.84K | -73.20K | -38.31K |
Cash generated by operating activities | -6.70M | -3.93M | -3.93M | -606.46K | -590.75K | -1.08M | -1.79M | -723.37K | -1.59M | -4.30M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | -340K | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -143.46K | -130.95K | -89.44K | -33.27K | -25K | -150.14K | 0 | -21.75K | 0 | -266K |
Acquisitions Net | 6.31K | 157.85K | 110K | 170K | 0 | -27.38K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -177.39K | 26.90K | 20.56K | 136.72K | -25K | -72.42K | 0 | 607.32K | 1.63M | 534K |
Financing activities | ||||||||||
Common Stock Issued | 6.62M | 1.00M | 5.54M | 1.72M | 629K | 631K | 1.69M | 876K | 0 | 3.99M |
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 | 0 | -77.42K | -33.87K | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 6.42M | 1.13M | 7.25M | 1.64M | 612.23K | 601.41K | 1.68M | 862.76K | 0 | 3.59M |
Net Change In Cash | -457.19K | -2.76M | 3.34M | 1.17M | -3.52K | -559.60K | -116.30K | 746.70K | 34.61K | -170.63K |
Cash at end of period | 1.42M | 1.88M | 4.65M | 1.30M | 131.30K | 134.83K | 694.44K | 810.74K | 64.04K | 29.42K |