iCoreConnect
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 iCoreConnect generated cash of -$8,824,972, which is less than the previous year. Cash used in financing activities reached the amount of $20,062,892 last year. Net change in cash is therefore $1,023,205.
Cash Flow
| 2013 | -1.64M | 0 | 2.15M |
|---|---|---|---|
| 2014 | -2.46M | -141.74K | 2.28M |
| 2016 | -1.61M | -261K | 1.74M |
| 2017 | -1.74M | -322K | 1.99M |
| 2018 | -1.96M | -342K | 2.26M |
| 2019 | -1.66M | -473K | 2.58M |
| 2020 | -1.27M | -917.9K | 1.75M |
| 2021 | -2.89M | -3.51M | 6.47M |
| 2022 | -1.27M | -293.96K | 1.69M |
| 2023 | -8.82M | -10.21M | 20.06M |
ICCT Cash Flow Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 196.15K | 71.80K | 7.61K | 445K | 1K | 52K | 114K | 249K | 513.27K | 67 |
Operating activities | ||||||||||
Net income | -15.55M | -6.07M | -4.96M | -3.49M | -2.98M | -5.19M | -4.49M | -4.33M | 1.95M | -7.24M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.27M | 1.29M | 1.43M | 905.21K | 655K | 407K | 262K | 13K | 7.87K | 14.17K |
Stock-based compensation expense | 1.94M | 1.71M | 331.94K | 422.17K | 610K | 0 | 141K | 268K | 895.87K | 0 |
| Deferred income tax benefit | 1.94M | 1.71M | 331.94K | 422.17K | 610K | 0 | 141K | 268K | 895.87K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -307.71K | -47.47K | -467.35K | -85.47K | 118K | -110K | -64K | -79K | -10.71K | 25.79K |
Inventories | 0 | 0 | 33.56K | -922.76K | -625K | -33M | 0 | 0 | 0 | -794.08K |
Accounts payable | 907.16K | 552.42K | -33.56K | 922.76K | 625K | 33M | 0 | 0 | -703.53K | 794.08K |
Cash generated by operating activities | -8.82M | -1.27M | -2.89M | -1.27M | -1.66M | -1.96M | -1.74M | -1.61M | -2.46M | -1.64M |
Investing activities | ||||||||||
Purchases Of Investments | -7.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -159.87K | -293.96K | -300.56K | -543K | -423K | -342K | -322K | -4K | -138.14K | 0 |
Acquisitions Net | -1.55M | 0 | -3.21M | -374.9K | -50K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -10.21M | -293.96K | -3.51M | -917.9K | -473K | -342K | -322K | -261K | -141.74K | 0 |
Financing activities | ||||||||||
Common Stock Issued | 2.88M | 472.38K | 3.09M | 1.14M | 3.19M | 2.64M | 0 | 0 | 1.28M | 2.03M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 6.56M | 1.26M | -510.65K | -70.79K | -613K | -389K | 1.99M | 1.99M | -271.33K | -150K |
Cash used in financing activities | 20.06M | 1.69M | 6.47M | 1.75M | 2.58M | 2.26M | 1.99M | 1.74M | 2.28M | 2.15M |
Net Change In Cash | 1.02M | 124.34K | 64.18K | -437.38K | 444K | -51K | -71K | -135K | -322.45K | 513.20K |
Cash at end of period | 1.21M | 196.15K | 71.80K | 7.61K | 445K | 1K | 43K | 114K | 190.82K | 513.27K |
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