Gaxos.ai
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 Gaxos.ai generated cash of -$2,980,592, which is less than the previous year. Cash used in financing activities reached the amount of $5,858,734 last year. Net change in cash is therefore $344,929.
Cash Flow
| 2022 | -1.26M | -62.83K | -75.09K |
|---|---|---|---|
| 2023 | -2.98M | -2.53M | 5.85M |
GXAI Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 679.78K | 2.07M |
Operating activities | ||
Net income | -3.94M | -1.42M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 10.64K | 4.18K |
Stock-based compensation expense | 936.35K | 0 |
| Deferred income tax benefit | 936.35K | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -8 | 0 |
Inventories | 0 | 0 |
Accounts payable | -29.93K | 148.76K |
Cash generated by operating activities | -2.98M | -1.26M |
Investing activities | ||
Purchases Of Investments | -3.49M | 0 |
Investments In Property Plant And Equipment | -56.97K | -62.83K |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -2.53M | -62.83K |
Financing activities | ||
Common Stock Issued | 5.95M | -112.59K |
Payments for dividends | 0 | 0 |
Repurchases of common stock | -99.73K | 0 |
Repayments of term debt | 0 | 0 |
Cash used in financing activities | 5.85M | -75.09K |
Net Change In Cash | 344.92K | -1.39M |
Cash at end of period | 1.02M | 679.78K |