QC Copper and Gold
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 QC Copper and Gold generated cash of -$4,420,754, which is more than the previous year. Cash used in financing activities reached the amount of $1,925,282 last year. Net change in cash is therefore -$3,030,208.
Cash Flow
| 2018 | -429.53K | -61.17K | 991.04K |
|---|---|---|---|
| 2019 | -1.16M | 10.16K | 1.00M |
| 2020 | -1.06M | 471.33K | 1.99M |
| 2021 | -5.87M | 7.75M | 13.88M |
| 2022 | -10.06M | -37.25K | 1.44M |
| 2023 | -4.42M | -534.73K | 1.92M |
QCCU.V Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 8.85M | 17.50M | 1.74M | 346.85K | 500.33K | 0 |
Operating activities | ||||||
Net income | -7.32M | -3.90M | 482.12K | 2.32M | -1.14M | -596.41K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 11.10K | 15.49K | 11.88K | 2.85K | 93.24K | 0 |
Stock-based compensation expense | 146.52K | 914.62K | 79.17K | 339.36K | 120K | 0 |
| Deferred income tax benefit | 146.52K | 914.62K | 79.17K | 339.36K | 120K | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -629.14K | -1.03M | 4.72K | -67.56K | -74.21K | 0 |
Inventories | 0 | 0 | 0 | -14.55K | 0 | 0 |
Accounts payable | -56.39K | -597.79K | 847.81K | 14.55K | 0 | 0 |
Cash generated by operating activities | -4.42M | -10.06M | -5.87M | -1.06M | -1.16M | -429.53K |
Investing activities | ||||||
Purchases Of Investments | -545.90K | 0 | -7.82M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -51.70K | -19.02K | 0 | -51.01K |
Acquisitions Net | 0 | 0 | 7.82M | 509.64K | 0 | 0 |
Cash generated by investing activities | -534.73K | -37.25K | 7.75M | 471.33K | 10.16K | -61.17K |
Financing activities | ||||||
Common Stock Issued | 1.60M | 1.44M | 12.34M | 2.07M | 1.03M | 1M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 1.92M | 1.44M | 13.88M | 1.99M | 1.00M | 991.04K |
Net Change In Cash | -3.03M | -8.65M | 15.76M | 1.39M | -153.48K | 500.33K |
Cash at end of period | 5.82M | 8.85M | 17.50M | 1.74M | 346.85K | 500.33K |