Midnight Sun Mining 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 Midnight Sun Mining Corp. generated cash of -$1,622,776, which is more than the previous year. Cash used in financing activities reached the amount of $1,135,624 last year. Net change in cash is therefore -$16,600.
Cash Flow
| 2014 | -125.22K | -328.57K | 329.96K |
|---|---|---|---|
| 2015 | -286.63K | -85.19K | 371.83K |
| 2016 | -249.08K | -521.24K | 1.46M |
| 2017 | -463.44K | -2.32M | 3.61M |
| 2018 | -1.11M | -2.92M | 2.71M |
| 2019 | -109.39K | -338.67K | 247.16K |
| 2020 | -753.04K | -133.15K | 1.94M |
| 2021 | -869.15K | -133.13K | 2.50M |
| 2022 | -2.23M | -263.88K | -23.29K |
| 2023 | -1.62M | 470.55K | 1.13M |
MMA.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 40.48K | 2.56M | 1.06M | 6.96K | 207.87K | 1.52M | 698.14K | 0 | 0 | 123.84K |
Operating activities | ||||||||||
Net income | -1.53M | -3.17M | -1.90M | -759.13K | -356.99K | -1.45M | -891.30K | -407.00K | -231.01K | -248.07K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 37.38K | 25.63K | 23.75K | 23.4K | 23.4K | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 525.72K | 416.05K | 81.60K | 330.41K | 31.43K | 0 | 240.47K | 182.92K | 10.5K | 27.29K |
| Deferred income tax benefit | 525.72K | 416.05K | 81.60K | 330.41K | 31.43K | 0 | 240.47K | 182.92K | 10.5K | 27.29K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -19.39K | -5.5K | 23.56K | -1.82K | 1.85K | -17.49K | -4.76K | 2.96K | 1.55K | 4.75K |
Inventories | 232.62K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -232.62K | 282.43K | -65.01K | 79.67K | 8.58K | 32.35K | -9.28K | 0 | 0 | 0 |
Cash generated by operating activities | -1.62M | -2.23M | -869.15K | -753.04K | -109.39K | -1.11M | -463.44K | -249.08K | -286.63K | -125.22K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | -25K | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -139.74K | 724.04K | -338.67K | -2.92M | -2.32M | -521.24K | -85.19K | -365.30K |
Acquisitions Net | 0 | 0 | 0 | 724.04K | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 470.55K | -263.88K | -133.13K | -133.15K | -338.67K | -2.92M | -2.32M | -521.24K | -85.19K | -328.57K |
Financing activities | ||||||||||
Common Stock Issued | 932K | 5K | 1.96M | 1.07M | 278.8K | 2.81M | 3.57M | 1.54M | 285.62K | 337.5K |
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 | 69.03K | -28.29K | -26.71K | -26.64K | -26.37K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 1.13M | -23.29K | 2.50M | 1.94M | 247.16K | 2.71M | 3.61M | 1.46M | 371.83K | 329.96K |
Net Change In Cash | -16.6K | -2.52M | 1.50M | 1.05M | -200.90K | -1.32M | 830.66K | 698.14K | 0 | -123.84K |
Cash at end of period | 23.88K | 40.48K | 2.56M | 1.06M | 6.96K | 207.87K | 1.52M | 698.14K | 0 | 0 |