GSE Systems
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 GSE Systems generated cash of $1,559,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,538,000 last year. Net change in cash is therefore -$665,000.
Cash Flow
| 2014 | 6.64M | -7.28M | -910K |
|---|---|---|---|
| 2015 | 1.01M | -1.23M | -2.01M |
| 2016 | 10.15M | 2.11M | -1.17M |
| 2017 | 7.70M | -9.17M | -1.56M |
| 2018 | -3.48M | -10.55M | 6.46M |
| 2019 | 4.00M | -14.05M | 9.74M |
| 2020 | 1.11M | -330K | -6.06M |
| 2021 | -153K | -776K | -2.22M |
| 2022 | 738K | -618K | 795K |
| 2023 | 1.55M | -666K | -1.53M |
GVP Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.37M | 3.55M | 6.70M | 11.69M | 12.12M | 20.07M | 21.74M | 11.08M | 13.58M | 15.64M |
Operating activities | ||||||||||
Net income | -8.72M | -15.34M | 10.60M | -10.53M | -12.08M | -354K | 5.38M | 1.42M | -4.70M | -6.74M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.01M | 1.51M | 1.86M | 2.61M | 3.12M | 2.63M | 1.14M | 1.08M | 1.32M | 990K |
Stock-based compensation expense | 1.15M | 1.95M | 1.04M | 378K | 1.42M | 0 | 2.47M | 1.55M | 541K | 712K |
| Deferred income tax benefit | 1.15M | 1.95M | 1.04M | 378K | 1.42M | 0 | 2.47M | 1.55M | 541K | 712K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -408K | 908K | -1.39M | 6.90M | 6.75M | -5.65M | 10.00M | -6.07M | 2.53M | 10.28M |
Inventories | 0 | 0 | -3.28M | 1.85M | 1.86M | 1.22M | 1.39M | -512K | -181K | 1.77M |
Accounts payable | 1.01M | 472K | 805K | -1.49M | -3.45M | -838K | -1.90M | 961K | -947K | -2.13M |
Cash generated by operating activities | 1.55M | 738K | -153K | 1.11M | 4.00M | -3.48M | 7.70M | 10.15M | 1.01M | 6.64M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.22M | -250K |
Investments In Property Plant And Equipment | -666K | -618K | -776K | -341K | -523K | -945K | -289K | -324K | -1.88M | -1.04M |
Acquisitions Net | 0 | 0 | 0 | 11K | -13.54M | -9.60M | -9.06M | 30K | 0 | -3.09M |
Cash generated by investing activities | -666K | -618K | -776K | -330K | -14.05M | -10.55M | -9.17M | 2.11M | -1.23M | -7.28M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 1K | 136K | 209K | 833K | 23K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -190K | -263K | -222K | -87K | -228K | -484K | -919K | -584K | 0 | 0 |
Repayments of term debt | -472K | 3.09M | -1.98M | -20.22M | 9.96M | -1.64M | 0 | 0 | -339K | -410K |
Cash used in financing activities | -1.53M | 795K | -2.22M | -6.06M | 9.74M | 6.46M | -1.56M | -1.17M | -2.01M | -910K |
Net Change In Cash | -665K | 826K | -3.15M | -4.98M | -432K | -7.94M | -2.63M | 10.66M | -2.49M | -2.06M |
Cash at end of period | 3.71M | 4.37M | 3.55M | 6.70M | 11.69M | 12.12M | 19.11M | 21.74M | 11.08M | 13.58M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |