LithiumBank Resources 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 LithiumBank Resources Corp. generated cash of -$4,376,491, which is less than the previous year. Cash used in financing activities reached the amount of $7,053,962 last year. Net change in cash is therefore $2,070,964.
Cash Flow
| 2020 | -153.25K | 0 | 946K |
|---|---|---|---|
| 2021 | -2.09M | -875.02K | 11.03M |
| 2022 | -3.22M | -2.55M | 1.31M |
| 2023 | -4.37M | -606.50K | 7.05M |
LBNK.V Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 4.42M | 8.88M | 817.48K | 24.74K |
Operating activities | ||||
Net income | -6.96M | -3.46M | -6.10M | -168.56K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 1.85M | 135.14K | 3.96M | 0 |
| Deferred income tax benefit | 1.85M | 135.14K | 3.96M | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -82.60K | 14.50K | -56.51K | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -4.37M | -3.22M | -2.09M | -153.25K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -606.50K | -2.55M | -1.04M | 0 |
Acquisitions Net | 0 | 0 | 170.19K | 0 |
Cash generated by investing activities | -606.50K | -2.55M | -875.02K | 0 |
Financing activities | ||||
Common Stock Issued | 6.06M | 1.31M | 6.08M | 946K |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 600K | 0 | 0 | 0 |
Cash used in financing activities | 7.05M | 1.31M | 11.03M | 946K |
Net Change In Cash | 2.07M | -4.45M | 8.06M | 792.74K |
Cash at end of period | 6.49M | 4.42M | 8.88M | 817.48K |