GZ6G Technologies Corp.
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 GZ6G Technologies Corp. generated cash of -$2,514,937, which is less than the previous year. Cash used in financing activities reached the amount of $2,340,207 last year. Net change in cash is therefore -$252,639.
Cash Flow
| 2019 | -256.01K | -5.84K | 292.18K |
|---|---|---|---|
| 2020 | 24.33K | -4.99K | 130.84K |
| 2021 | -1.36M | -251.99K | 2.20M |
| 2022 | -2.51M | -77.90K | 2.34M |
GZIC Cash Flow Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 759.79K | 180.54K | 30.35K | 0 |
Operating activities | ||||
Net income | -6.87M | -10.14M | -4.92M | -619.79K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 145.45K | 21.33K | 1.94K | 3.26K |
Stock-based compensation expense | 65.07K | 0 | 0 | 110K |
| Deferred income tax benefit | 65.07K | 0 | 0 | 110K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -57.84K | 0 | 0 | -3 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 387.97K | 100.26K | 84.66K | 0 |
Cash generated by operating activities | -2.51M | -1.36M | 24.33K | -256.01K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -107.90K | -251.99K | -4.99K | -5.84K |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -77.90K | -251.99K | -4.99K | -5.84K |
Financing activities | ||||
Common Stock Issued | 151.10K | 100K | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.68M | -156.91K | -8.60K | 0 |
Cash used in financing activities | 2.34M | 2.20M | 130.84K | 292.18K |
Net Change In Cash | -252.63K | 579.24K | 150.18K | 30.35K |
Cash at end of period | 507.15K | 759.79K | 180.54K | 30.35K |
| Data source | Data source |