Ignyte Acquisition 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 Ignyte Acquisition Corp. generated cash of -$7,485,625, which is less than the previous year. Cash used in financing activities reached the amount of $8,135,213 last year. Net change in cash is therefore $452,114.
Cash Flow
| 2021 | -603.32K | -57.5M | 58.40M |
|---|---|---|---|
| 2022 | -7.48M | -142.24K | 8.13M |
IGNYW Cash Flow Statement (2021 – 2022)
| 2022 | 2021 | |
|---|---|---|
Cash at beginning of period | 442.47K | 25.42K |
Operating activities | ||
Net income | -13.08M | -487.98K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 786.48K | 0 |
Stock-based compensation expense | 560.06K | 0 |
| Deferred income tax benefit | 560.06K | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 0 | 0 |
Inventories | 0 | 0 |
Accounts payable | 816.03K | 0 |
Cash generated by operating activities | -7.48M | -603.32K |
Investing activities | ||
Purchases Of Investments | 0 | -57.5M |
Investments In Property Plant And Equipment | -142.24K | 0 |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -142.24K | -57.5M |
Financing activities | ||
Common Stock Issued | 0 | 0 |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 0 | 0 |
Cash used in financing activities | 8.13M | 58.40M |
Net Change In Cash | 452.11K | 303.76K |
Cash at end of period | 894.59K | 329.19K |
| Data source | Data source |