Gold Reserve
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 Gold Reserve generated cash of -$7,428,497, which is less than the previous year. Cash used in financing activities reached the amount of $1,081 last year. Net change in cash is therefore -$6,851,327.
Cash Flow
| 2014 | -7.23M | -80.56K | 10.77M |
|---|---|---|---|
| 2015 | -8.90M | 165K | 11.65M |
| 2016 | -10.89M | -301.54K | 37.58M |
| 2017 | -46.99M | 186.90M | -37.98M |
| 2018 | -64.24M | 74.22M | 0 |
| 2019 | -10.27M | -10.01K | -75.54M |
| 2020 | -4.55M | 152.02K | 0 |
| 2021 | -8.61M | 313.00K | 0 |
| 2022 | -6.36M | -27.37M | 0 |
| 2023 | -7.42M | 576.08K | 1.08K |
GRZ.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 15.38M | 49.11M | 57.41M | 61.82M | 147.64M | 137.67M | 35.74M | 9.35M | 6.43M | 2.97M |
Operating activities | ||||||||||
Net income | -23.11M | -8.59M | -10.59M | -11.51M | -13.14M | 41.85M | 89.51M | -21.54M | -18.13M | -24.88M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 63.01K | 104.14K | 106.42K | 124.26K | 131.59K | 47.94K | 6.49K | 5.54K | 7.62K | 10.32K |
Stock-based compensation expense | 100.69K | 159.21K | 1.99M | 656.77K | 31.04K | 0 | 5.10M | 14.90K | 315.27K | 207.53K |
| Deferred income tax benefit | 100.69K | 159.21K | 1.99M | 656.77K | 31.04K | 0 | 5.10M | 14.90K | 315.27K | 207.53K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 66.20K | 171.37K | -99.32K | 113.27K | 19.71K | -4.55M | 4.79M | -858.50K | -2.37M | 3.25M |
Cash generated by operating activities | -7.42M | -6.36M | -8.61M | -4.55M | -10.27M | -64.24M | -46.99M | -10.89M | -8.90M | -7.23M |
Investing activities | ||||||||||
Purchases Of Investments | -46.59M | -27.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -2.38K | -46.75K | -10.01K | -89.67K | -592.52K | -350K | 0 | -150K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 187.5M | 0 | 0 | 0 |
Cash generated by investing activities | 576.08K | -27.37M | 313.00K | 152.02K | -10.01K | 74.22M | 186.90M | -301.54K | 165K | -80.56K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 5.97M | 38.42M | 679.99K | 100.1K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | -75.54M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | -43.96M | -694.73K | 11.98M | -4K |
Cash used in financing activities | 1.08K | 0 | 0 | 0 | -75.54M | 0 | -37.98M | 37.58M | 11.65M | 10.77M |
Net Change In Cash | -6.85M | -33.73M | -8.29M | -4.40M | -85.82M | 9.97M | 101.92M | 26.39M | 2.91M | 3.46M |
Cash at end of period | 8.52M | 15.38M | 49.11M | 57.41M | 61.82M | 147.64M | 137.67M | 35.74M | 9.35M | 6.43M |