Lithium Ionic 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 Lithium Ionic Corp. generated cash of -$44,910,192, which is less than the previous year. Cash used in financing activities reached the amount of $27,984,798 last year. Net change in cash is therefore -$10,324,985.
Cash Flow
| 2021 | 182.16K | 0 | 7.60M |
|---|---|---|---|
| 2022 | -14.45M | -9.39M | 37.55M |
| 2023 | -44.91M | 6.60M | 27.98M |
LTH.V Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 21.49M | 7.78M | 0 |
Operating activities | |||
Net income | -64.32M | -26.12M | -779.36K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 305.25K | 33.15K | 0 |
Stock-based compensation expense | 3.00M | 6.94M | 120 |
| Deferred income tax benefit | 3.00M | 6.94M | 120 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 239.95K | -518 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 |
Cash generated by operating activities | -44.91M | -14.45M | 182.16K |
Investing activities | |||
Purchases Of Investments | 0 | -10M | 0 |
Investments In Property Plant And Equipment | -654.08K | -10.09M | 0 |
Acquisitions Net | -2.74M | 701.11K | 0 |
Cash generated by investing activities | 6.60M | -9.39M | 0 |
Financing activities | |||
Common Stock Issued | 28.75M | 39M | 7.60M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | -225.55K | 0 | 0 |
Cash used in financing activities | 27.98M | 37.55M | 7.60M |
Net Change In Cash | -10.32M | 13.70M | 7.78M |
Cash at end of period | 11.16M | 21.49M | 7.78M |