Octagon 88 Resources
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 Octagon 88 Resources generated cash of -$553,132, which is less than the previous year. Cash used in financing activities reached the amount of $1,178,537 last year. Net change in cash is therefore $141,766.
Cash Flow
| 2012 | -169 | 0 | 0 |
|---|---|---|---|
| 2013 | -39.90K | 0 | 148.14K |
| 2014 | -553.13K | -483.63K | 1.17M |
OCTX Cash Flow Statement (2012 – 2014)
| 2014 | 2013 | 2012 | |
|---|---|---|---|
Cash at beginning of period | 108.59K | 355 | 524 |
Operating activities | |||
Net income | -8.13M | -572.01K | -32.50K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 6.56M | 0 | 0 |
| Deferred income tax benefit | 6.56M | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 56.58K | 4.66K | 32.33K |
Cash generated by operating activities | -553.13K | -39.90K | -169 |
Investing activities | |||
Purchases Of Investments | -483.63K | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -483.63K | 0 | 0 |
Financing activities | |||
Common Stock Issued | 1.36M | 0 | 0 |
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 | 1.17M | 148.14K | 0 |
Net Change In Cash | 141.76K | 108.23K | -169 |
Cash at end of period | 250.36K | 108.59K | 355 |