Metal Energy 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 Metal Energy Corp. generated cash of -$1,610,358, which is more than the previous year. Cash used in financing activities reached the amount of $568,245 last year. Net change in cash is therefore -$1,042,113.
Cash Flow
| 2021 | -510.73K | 177.38K | 7.34M |
|---|---|---|---|
| 2022 | -4.23M | 0 | 26.01K |
| 2023 | -1.61M | 0 | 568.24K |
MERG.V Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 2.77M | 7.01M | 0 |
Operating activities | |||
Net income | -1.67M | -4.77M | -3.01M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 87.40K | 43.15K | 910.72K |
| Deferred income tax benefit | 87.40K | 43.15K | 910.72K |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 304.12K | -308.51K | -36.40K |
Inventories | 0 | 308.51K | -123.35K |
Accounts payable | 0 | 587.81K | 123.35K |
Cash generated by operating activities | -1.61M | -4.23M | -510.73K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2 | 0 | 0 |
Acquisitions Net | 0 | 0 | 194 |
Cash generated by investing activities | 0 | 0 | 177.38K |
Financing activities | |||
Common Stock Issued | 591.53K | 0 | 7.48M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 |
Cash used in financing activities | 568.24K | 26.01K | 7.34M |
Net Change In Cash | -1.04M | -4.23M | 7.01M |
Cash at end of period | 1.73M | 2.77M | 7.01M |