Next Hydrogen 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 Next Hydrogen Solutions generated cash of -$8,223,264, which is more than the previous year. Cash used in financing activities reached the amount of -$425,683 last year. Net change in cash is therefore -$11,175,660.
Cash Flow
| 2020 | -222.09K | 957.15K | 1.88M |
|---|---|---|---|
| 2021 | -83.70K | -344.25K | 4.77M |
| 2021 | -12.55M | -1.54M | 52.20M |
| 2022 | -12.63M | -4.03M | -440.46K |
| 2023 | -8.22M | -2.52M | -425.68K |
NXH.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 22.08M | 39.19M | 1.09M | 955.76K | -324.60K |
Operating activities | |||||
Net income | -12.01M | -14.27M | -25.00M | 423.31K | -322.88K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 872.37K | 708.12K | 278.75K | 100.55K | 175.55K |
Stock-based compensation expense | 601.56K | 1.88M | 2.61M | 1.59M | 0 |
| Deferred income tax benefit | 601.56K | 1.88M | 2.61M | 1.59M | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -771.14K | 104.53K | -747.75K | -143.79K | 4.22K |
Inventories | -1.06M | -1.67M | -831.58K | -134.00K | 0 |
Accounts payable | 620.55K | -272.73K | 2.03M | 12.84K | 0 |
Cash generated by operating activities | -8.22M | -12.63M | -12.55M | -83.70K | -222.09K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | -344.25K | 0 |
Investments In Property Plant And Equipment | -2.52M | -4.03M | -1.11M | -1.05K | 0 |
Acquisitions Net | 0 | 0 | -432.57K | 0 | -331.1K |
Cash generated by investing activities | -2.52M | -4.03M | -1.54M | -344.25K | 957.15K |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 57.19M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -22.72K | 0 |
Repayments of term debt | -385.68K | -440.46K | -5.22M | -1.94M | 1.88M |
Cash used in financing activities | -425.68K | -440.46K | 52.20M | 4.77M | 1.88M |
Net Change In Cash | -11.17M | -17.11M | 38.10M | -427.95K | 735.05K |
Cash at end of period | 10.90M | 22.08M | 39.19M | 527.81K | 410.44K |