New Horizon Aircraft Ltd.
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 New Horizon Aircraft Ltd. generated cash of -$2,124,922, which is less than the previous year. Cash used in financing activities reached the amount of $5,105,000 last year. Net change in cash is therefore $1,588,000.
Cash Flow
| 2023 | -1.00M | -77.20K | 1.31M |
|---|---|---|---|
| 2023 | -2.12M | -209K | 5.10M |
HOVR Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 228K | 4.32K |
Operating activities | ||
Net income | 0 | -1.16M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 0 | 26.94K |
Stock-based compensation expense | 0 | 54.63K |
| Deferred income tax benefit | 0 | 54.63K |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 0 | -15K |
Inventories | 0 | 0 |
Accounts payable | 685.01K | 0 |
Cash generated by operating activities | -2.12M | -1.00M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -77.20K |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -209K | -77.20K |
Financing activities | ||
Common Stock Issued | 119.38M | 0 |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -125K | 1.31M |
Cash used in financing activities | 5.10M | 1.31M |
Net Change In Cash | 1.58M | 223.64K |
Cash at end of period | 1.81M | 227.96K |