NXT Energy Solutions
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 NXT Energy Solutions generated cash of -$4,831,950, which is less than the previous year. Cash used in financing activities reached the amount of $5,009,117 last year. Net change in cash is therefore $138,276.
Cash Flow
| 2014 | -3.58M | -2.71M | 3.02M |
|---|---|---|---|
| 2015 | 6.98M | -277.57K | 327.82K |
| 2016 | -7.58M | 527.49K | 464.81K |
| 2017 | -5.46M | 3.11M | 2.02M |
| 2018 | -6.04M | -2.96M | 9.17M |
| 2019 | 4.07M | -173.92K | -1.38M |
| 2020 | -3.45M | 3.43M | -34.92K |
| 2021 | -1.03M | -274.04K | 875.42K |
| 2022 | -2.93M | 550K | 389.21K |
| 2023 | -4.83M | -32.32K | 5.00M |
NSFDF Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 263.43K | 2.25M | 2.69M | 2.85M | 339.53K | 166.61K | 490.49K | 7.08M | 50.63K | 3.31M |
Operating activities | ||||||||||
Net income | -5.45M | -6.73M | -3.12M | -5.99M | 3.77M | -6.96M | -8.97M | -9.09M | 10.54M | -1.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.75M | 1.76M | 1.77M | 1.78M | 1.78M | 1.79M | 1.89M | 2.10M | 704.94K | 67.16K |
Stock-based compensation expense | 241.27K | 215.28K | 287.9K | 168.41K | 43.80K | 0 | 581.35K | 790.5K | 1.08M | 658K |
| Deferred income tax benefit | 241.27K | 215.28K | 287.9K | 168.41K | 43.80K | 0 | 581.35K | 790.5K | 1.08M | 658K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.83M | 784.50K | 123.58K | 406.11K | -1.33M | -1.25K | -61.65K | 0 | 0 | 46.94K |
Inventories | 1 | -741.32K | -14.37K | 120.76K | -364.14K | 0 | 0 | 0 | 0 | 299.84K |
Accounts payable | 559.35K | 741.32K | 14.37K | -120.76K | 104.74K | -898.92K | 0 | 0 | 0 | -336.91K |
Cash generated by operating activities | -4.83M | -2.93M | -1.03M | -3.45M | 4.07M | -6.04M | -5.46M | -7.58M | 6.98M | -3.58M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -208.73K | 0 | 0 | -2.95M | -518.76K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -32.32K | 0 | -65.31K | 0 | -216.69K | -10.00K | 0 | -89.70K | -3.38M | -41.80K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 3.13M | 0 | 0 | 0 |
Cash generated by investing activities | -32.32K | 550K | -274.04K | 3.43M | -173.92K | -2.96M | 3.11M | 527.49K | -277.57K | -2.71M |
Financing activities | ||||||||||
Common Stock Issued | 1.62M | 432.24K | 69.25K | 7.59K | 0 | 9.21M | 2.02M | 0 | 335.94K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -42.69K | 0 | -1.34M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 3.34M | -92.76K | -151.13K | -42.51K | -159.90K | -39.57K | -36.76K | -34.15K | -8.12K | 0 |
Cash used in financing activities | 5.00M | 389.21K | 875.42K | -34.92K | -1.38M | 9.17M | 2.02M | 464.81K | 327.82K | 3.02M |
Net Change In Cash | 138.27K | -1.99M | -432.29K | -168.09K | 2.51M | 172.91K | -323.87K | -6.59M | 7.03M | -3.26M |
Cash at end of period | 401.71K | 263.43K | 2.25M | 2.69M | 2.85M | 339.53K | 166.61K | 490.49K | 7.08M | 50.63K |
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