FutureTech II Acquisition 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 FutureTech II Acquisition Corp. generated cash of -$1,766,109, which is less than the previous year. Cash used in financing activities reached the amount of -$60,300,590 last year. Net change in cash is therefore -$245,178.
Cash Flow
| 2021 | 0 | 0 | 15 |
|---|---|---|---|
| 2022 | -601.35K | -117.3M | 118.15M |
| 2023 | -1.76M | 61.82M | -60.30M |
FTIIU Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 262.75K | 5K | 4.98K |
Operating activities | |||
Net income | 2.91M | 700.01K | -1 |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 164.91K | 100.22K | 0 |
Cash generated by operating activities | -1.76M | -601.35K | 0 |
Investing activities | |||
Purchases Of Investments | 0 | -117.3M | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 61.82M | -117.3M | 0 |
Financing activities | |||
Common Stock Issued | 0 | 120.20M | 5K |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -64.23M | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 |
Cash used in financing activities | -60.30M | 118.15M | 15 |
Net Change In Cash | -245.17K | 257.75K | 15 |
Cash at end of period | 17.57K | 262.75K | 5K |
| Data source | Data source | Data source |