KWESST Micro Systems
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 KWESST Micro Systems generated cash of -$14,078,629, which is less than the previous year. Cash used in financing activities reached the amount of $20,755,827 last year. Net change in cash is therefore $5,236,464.
Cash Flow
| 2018 | -33.24K | 0 | 100K |
|---|---|---|---|
| 2020 | -1.79M | -390.97K | 5.23M |
| 2021 | -6.25M | -1.07M | 6.94M |
| 2022 | -4.25M | -1.11M | 2.85M |
| 2023 | -14.07M | -1.44M | 20.75M |
KWESW Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2017 | |
|---|---|---|---|---|---|
Cash at beginning of period | 170.54K | 2.68M | 3.07M | 201.01K | 0 |
Operating activities | |||||
Net income | -9.30M | -10.52M | -9.31M | -3.53M | -116 |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 952.50K | 326.49K | 140.99K | 103.39K | 0 |
Stock-based compensation expense | 373.55K | 1.96M | 2.46M | 0 | 0 |
| Deferred income tax benefit | 373.55K | 1.96M | 2.46M | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -568.62K | 1.05M | 1.01M | -257.58K | 0 |
Inventories | -148.85K | 49.44K | 17.55K | -1 | 0 |
Accounts payable | -1.66M | 2.51M | -828.69K | 393.20K | 0 |
Cash generated by operating activities | -14.07M | -4.25M | -6.25M | -1.79M | -33.24K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -30K | 0 | 0 |
Investments In Property Plant And Equipment | -1.30M | -1.36M | -1.04M | -268.11K | 0 |
Acquisitions Net | 7.81K | 250.34K | 0 | 78.58K | 0 |
Cash generated by investing activities | -1.44M | -1.11M | -1.07M | -390.97K | 0 |
Financing activities | |||||
Common Stock Issued | 23.70M | 344K | 6.00M | 4.25M | 100K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -2.40M | 2.50M | -568.40K | -1.04M | 0 |
Cash used in financing activities | 20.75M | 2.85M | 6.94M | 5.23M | 100K |
Net Change In Cash | 5.23M | -2.51M | -385.65K | 2.87M | 66.75K |
Cash at end of period | 5.40M | 170.54K | 2.68M | 3.07M | 66.75K |
| Data source | Data source |