Mountain Crest Acquisition Corp. II
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 Mountain Crest Acquisition Corp. II generated cash of -$28,930,000, which is more than the previous year. Cash used in financing activities reached the amount of $5,284,000 last year. Net change in cash is therefore -$24,826,000.
Cash Flow
| 2019 | -6.21M | -2.73M | 8.7M |
|---|---|---|---|
| 2020 | -5.77M | -2.30M | 7.44M |
| 2021 | -30.81M | -1.07M | 72.33K |
| 2022 | -28.93M | -1.18M | 5.28M |
MCAD Cash Flow Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 40.56M | 123K | 757K | 1.01M |
Operating activities | ||||
Net income | -39.76M | -40.33M | -6.38M | -5.78M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 2.72M | 1.61M | 75K | 72K |
Stock-based compensation expense | 1.82M | 646K | 233K | 84K |
| Deferred income tax benefit | 1.82M | 646K | 233K | 84K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 1.51M | 1.00M | 181K | -68K |
Cash generated by operating activities | -28.93M | -30.81M | -5.77M | -6.21M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.18M | -1.07M | -2.30M | -2.73M |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.18M | -1.07M | -2.30M | -2.73M |
Financing activities | ||||
Common Stock Issued | 257K | -14.87M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 5M | -9.48M | -3.65M | 5M |
Cash used in financing activities | 5.28M | 72.33K | 7.44M | 8.7M |
Net Change In Cash | -24.82M | 40.44M | -634K | -253K |
Cash at end of period | 15.74M | 40.56M | 123K | 757K |
| Data source | Data source | Data source |