Ocean Biomedical
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 Ocean Biomedical generated cash of -$9,429,000, which is less than the previous year. Cash used in financing activities reached the amount of $10,399,000 last year. Net change in cash is therefore $970,000.
Cash Flow
| 2019 | 0 | 0 | 0 |
|---|---|---|---|
| 2020 | -64K | 0 | 64K |
| 2021 | -1.05M | -107.1M | 1.11M |
| 2022 | -747.29K | -2.1M | 2.1M |
| 2023 | -9.42M | 0 | 10.39M |
OCEA Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 34K | 60K | 0 | 0 | 0 |
Operating activities | |||||
Net income | -114.46M | -958.43K | -62.34M | -1.65M | -232K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 1.20M | 0 | 56.55M | 0 | 0 |
| Deferred income tax benefit | 1.20M | 0 | 56.55M | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 1.23M | 290.38K | 0 | 0 | 0 |
Cash generated by operating activities | -9.42M | -747.29K | -1.05M | -64K | 0 |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -107.1M | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -3 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | -2.1M | -107.1M | 0 | 0 |
Financing activities | |||||
Common Stock Issued | 15.76M | 0 | 1.01M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -64.28M | 0 | 0 | 0 | 0 |
Repayments of term debt | 6.80M | 2.1M | 0 | 0 | 0 |
Cash used in financing activities | 10.39M | 2.1M | 1.11M | 64K | 0 |
Net Change In Cash | 970K | -747.29K | 60K | 0 | 0 |
Cash at end of period | 1.00M | 328.30K | 60K | 0 | 0 |