Lithium South Development
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 Lithium South Development generated cash of -$7,374,492, which is less than the previous year. Cash used in financing activities reached the amount of $205,749 last year. Net change in cash is therefore -$2,067,733.
Cash Flow
| 2014 | -361.40K | -27.26K | 391.14K |
|---|---|---|---|
| 2015 | -545.51K | -30K | 599.40K |
| 2016 | -1.26M | -44.29K | 2.44M |
| 2017 | -291.04K | 120K | 2.37M |
| 2018 | -6.59M | -649.12K | 4.77M |
| 2019 | -762.86K | -1.32M | 1.90M |
| 2020 | -232.45K | -1.44M | 1.72M |
| 2021 | -6.49M | -3.64M | 23.73M |
| 2022 | -5.54M | -2.81M | 976.91K |
| 2023 | -7.37M | 5.10M | 205.74K |
LIS.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.55M | 13.63M | 46.38K | 1.64K | 191.45K | 2.66M | 1 | 28.14K | 4.25K | 1.77K |
Operating activities | ||||||||||
Net income | -8.46M | -9.17M | -8.04M | -2.98M | -1.69M | -7.75M | 2.56M | -1.58M | -584.56K | -1.11M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 37.74K | 47.17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58.94K |
Stock-based compensation expense | 863.50K | 2.26M | 3.68M | 505.69K | 0 | 0 | 0 | 264.59K | 120.86K | 147.86K |
| Deferred income tax benefit | 863.50K | 2.26M | 3.68M | 505.69K | 0 | 0 | 0 | 264.59K | 120.86K | 147.86K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 95.55K | -53.56K | -50.67K | -31.10K | 93.08K | -38.54K | -29.22K | -4.11K | -9.90K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 164.71K | 0 | 0 | 0 |
Cash generated by operating activities | -7.37M | -5.54M | -6.49M | -232.45K | -762.86K | -6.59M | -291.04K | -1.26M | -545.51K | -361.40K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -2.70M | -2.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -2.81M | -1.24M | -1.44M | -1.32M | -649.12K | -220.14K | -44.29K | -30K | -27.26K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | -649.12K | -150K | 0 | 0 | 0 |
Cash generated by investing activities | 5.10M | -2.81M | -3.64M | -1.44M | -1.32M | -649.12K | 120K | -44.29K | -30K | -27.26K |
Financing activities | ||||||||||
Common Stock Issued | 205.74K | 976.91K | 24.25M | 1.72M | 396.94K | 4.52M | 4.87M | 2.44M | 608K | 415.56K |
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 | 0 | 0 | -528.15K | 0 | 1.50M | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 205.74K | 976.91K | 23.73M | 1.72M | 1.90M | 4.77M | 2.37M | 2.44M | 599.40K | 391.14K |
Net Change In Cash | -2.06M | -10.08M | 13.59M | 44.74K | -189.80K | -2.46M | 2.19M | 1.14M | 23.89K | 2.47K |
Cash at end of period | 1.49M | 3.55M | 13.63M | 46.38K | 1.64K | 191.45K | 2.19M | 1.16M | 28.14K | 4.25K |