Independence Gold 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 Independence Gold Corp. generated cash of -$3,364,828, which is less than the previous year. Cash used in financing activities reached the amount of $5,409,075 last year. Net change in cash is therefore $2,018,797.
Cash Flow
| 2014 | -1.04M | -1.69M | 0 |
|---|---|---|---|
| 2015 | -2.00M | 1.39M | 0 |
| 2016 | -2.46M | 797.46K | 2.01M |
| 2017 | -2.28M | 1.81M | 120K |
| 2018 | -909.03K | 1.26M | 0 |
| 2019 | -1.17M | 166.90K | -182.62K |
| 2020 | -872.48K | 152.07K | 2.80M |
| 2021 | -2.56M | 38.02K | 1.68M |
| 2022 | -1.82M | -3.46K | 1.42M |
| 2023 | -3.36M | -25.45K | 5.40M |
IGO.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.57M | 1.96M | 2.81M | 721.66K | 1.91M | 1.55M | 1.91M | 1.56M | 2.18M | 4.92M |
Operating activities | ||||||||||
Net income | -3.80M | -2.27M | -8.94M | -1.19M | -1.55M | -2.23M | -2.63M | -2.60M | -3.14M | -1.43M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 98.77K | 95.82K | 99.14K | 174.82K | 171.09K | 26.51K | 26.51K | 19.88K | 0 | 0 |
Stock-based compensation expense | 216.67K | 205.86K | 0 | 195.46K | 130.96K | 0 | 354.85K | 56.44K | 22.17K | 0 |
| Deferred income tax benefit | 216.67K | 205.86K | 0 | 195.46K | 130.96K | 0 | 354.85K | 56.44K | 22.17K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -55.99K | 55.31K | 21.90K | -43.31K | -38.4K | 0 | -35.39K | 0 | -60.47K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -3.36M | -1.82M | -2.56M | -872.48K | -1.17M | -909.03K | -2.28M | -2.46M | -2.00M | -1.04M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -28.75K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -25.45K | 0 | 0 | 0 | -20K | 0 | -65.44K | -213.39K | 50K | -3.58K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -25.45K | -3.46K | 38.02K | 152.07K | 166.90K | 1.26M | 1.81M | 797.46K | 1.39M | -1.69M |
Financing activities | ||||||||||
Common Stock Issued | 5.4M | 1.6M | 1.78M | 2.99M | 0 | 0 | 120K | 2.04M | 0 | 0 |
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 | -134.65K | -128.98K | -97.20K | -187.21K | -182.62K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 5.40M | 1.42M | 1.68M | 2.80M | -182.62K | 0 | 120K | 2.01M | 0 | 0 |
Net Change In Cash | 2.01M | -398.90K | -841.50K | 2.08M | -1.19M | 354.33K | -353.89K | 347.57K | -617.94K | -2.73M |
Cash at end of period | 3.58M | 1.57M | 1.96M | 2.81M | 721.66K | 1.91M | 1.55M | 1.91M | 1.56M | 2.18M |