Guardforce AI Co., Limited
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 Guardforce AI Co., Limited generated cash of -$1,191,701, which is more than the previous year. Cash used in financing activities reached the amount of $17,122,925 last year. Net change in cash is therefore $13,742,751.
Cash Flow
| 2017 | 3.14M | -1.73M | -4.33M |
|---|---|---|---|
| 2018 | 5.43M | -2.21M | -2.30M |
| 2019 | 4.73M | -451.51K | -1.46M |
| 2020 | 4.65M | -1.43M | -884.91K |
| 2021 | 52.96K | -5.22M | 11.57M |
| 2022 | -19.19M | -9.40M | 20.93M |
| 2023 | -1.19M | -2.12M | 17.12M |
GFAI Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 8.23M | 14.32M | 8.41M | 6.07M | 4.44M | 3.42M | 7.19M |
Operating activities | |||||||
Net income | -29.58M | -18.56M | -5.48M | -3.12M | 54.03K | 73.72K | 1.26M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 5.24M | 5.98M | 5.03M | 5.03M | 5.29M | 2.48M | 2.28M |
Stock-based compensation expense | 1.10M | 252.09K | 0 | 100.93K | 0 | 0 | 0 |
| Deferred income tax benefit | 1.10M | 252.09K | 0 | 100.93K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -312.34K | -15.03M | 325.69K | 16.31K | 854.35K | -106.72K | -704.81K |
Inventories | 757.51K | -2.87M | -967.99K | -484.74K | 0 | 0 | 0 |
Accounts payable | 622.81K | -18.77K | -437.08K | -561.76K | -827.77K | 1.93M | -262.80K |
Cash generated by operating activities | -1.19M | -19.19M | 52.96K | 4.65M | 4.73M | 5.43M | 3.14M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.10M | -7.64M | -5.24M | -1.43M | -480.67K | -1.94M | -1.76M |
Acquisitions Net | 0 | -1.76M | 24.27K | 0 | 29.16K | 19.53K | 29.70K |
Cash generated by investing activities | -2.12M | -9.40M | -5.22M | -1.43M | -451.51K | -2.21M | -1.73M |
Financing activities | |||||||
Common Stock Issued | 20.86M | 20.34M | 13.24M | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -49.66K | 0 | 0 | 0 | 0 | -1M | -4.00M |
Repayments of term debt | -4.20M | -3.92M | -228.51K | -1.99M | -1.46M | -1.30M | -331.09K |
Cash used in financing activities | 17.12M | 20.93M | 11.57M | -884.91K | -1.46M | -2.30M | -4.33M |
Net Change In Cash | 13.74M | -7.39M | 5.91M | 2.33M | 1.63M | 1.01M | -3.77M |
Cash at end of period | 21.97M | 6.93M | 14.32M | 8.41M | 6.07M | 4.44M | 3.42M |
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