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 -$3,057,030, which is more than the previous year. Cash used in financing activities reached the amount of $651,465 last year. Net change in cash is therefore -$464,155.
Cash Flow
| 2015 | -451.05K | 0 | 450K |
|---|---|---|---|
| 2017 | -359.82K | 19.04K | 215K |
| 2019 | -26.39K | 12.80K | 0 |
| 2020 | -64.29K | 5K | 55K |
| 2021 | -185.00K | -159.49K | 2.67M |
| 2022 | -3.83M | -4.47M | 6.66M |
| 2023 | -3.05M | 1.94M | 651.46K |
GRDAF Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 683.39K | 2.32M | 3.03K | 7.32K | 20.91K | 266.13K | 7.23K |
Operating activities | |||||||
Net income | -4.18M | -6.97M | -376.61K | -84.13K | -175.90K | -449.22K | -1.25M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 105.41K | 23.73K | 0 | 5.03M | 0 | 0 | 0 |
Stock-based compensation expense | 887.47K | 312.09K | 53.99K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 887.47K | 312.09K | 53.99K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | -400 | 116 | 198 | 653 | -4.15K |
Inventories | 0 | 0 | 0 | -484.74K | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | -561.76K | 0 | 92.1K | 0 |
Cash generated by operating activities | -3.05M | -3.83M | -185.00K | -64.29K | -26.39K | -359.82K | -451.05K |
Investing activities | |||||||
Purchases Of Investments | 0 | -2.25M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -201.84K | -40.36K | -167.91K | -1.43M | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 1.94M | -4.47M | -159.49K | 5K | 12.80K | 19.04K | 0 |
Financing activities | |||||||
Common Stock Issued | 645.40K | 5.34M | 2.53M | 0 | 0 | 215K | 475K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -114.78K | 0 | -27.20K | -55K | 0 | 0 | -25K |
Cash used in financing activities | 651.46K | 6.66M | 2.67M | 55K | 0 | 215K | 450K |
Net Change In Cash | -464.15K | -1.64M | 2.32M | -4.29K | -13.59K | -125.78K | -1.05K |
Cash at end of period | 219.24K | 683.39K | 2.32M | 3.03K | 7.32K | 140.35K | 6.18K |
| Data source |