Innovative Eyewear
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 Innovative Eyewear generated cash of -$5,766,303, which is less than the previous year. Cash used in financing activities reached the amount of $6,661,394 last year. Net change in cash is therefore $696,338.
Cash Flow
| 2019 | 0 | 0 | 0 |
|---|---|---|---|
| 2020 | -40.26K | -59.03K | 126.32K |
| 2021 | -1.21M | -118.45K | 1.38M |
| 2022 | -3.22M | -219.95K | 6.95M |
| 2023 | -5.76M | -198.75K | 6.66M |
LUCY Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 3.59M | 79.72K | 27.02K | 0 | 0 |
Operating activities | |||||
Net income | -6.66M | -5.68M | -3.24M | -768.18K | -109.42K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 85.25K | 32.56K | 7.67K | 994 | 0 |
Stock-based compensation expense | 936.76K | 1.47M | 1.33M | 81.64K | 0 |
| Deferred income tax benefit | 936.76K | 1.47M | 1.33M | 81.64K | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | -183.09K | -43.39K | -46.44K | 0 |
Inventories | 0 | 47.76K | -250.43K | -29.66K | 0 |
Accounts payable | 0 | 67.95K | 157.53K | 46.44K | 0 |
Cash generated by operating activities | -5.76M | -3.22M | -1.21M | -40.26K | 0 |
Investing activities | |||||
Purchases Of Investments | -1.94M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -78.46K | -219.95K | -118.45K | -59.03K | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -198.75K | -219.95K | -118.45K | -59.03K | 0 |
Financing activities | |||||
Common Stock Issued | 4.11M | 6.12M | 492.15K | 126.32K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -109.49K | 822K | -57.18K | 0 | 0 |
Cash used in financing activities | 6.66M | 6.95M | 1.38M | 126.32K | 0 |
Net Change In Cash | 696.33K | 3.51M | 52.70K | 27.02K | 0 |
Cash at end of period | 4.28M | 3.59M | 79.72K | 27.02K | 0 |
| Data source | Data source |