Quest Patent Research
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 Quest Patent Research generated cash of $1,930,585, which is more than the previous year. Cash used in financing activities reached the amount of $1,872,298 last year. Net change in cash is therefore $472,883.
Cash Flow
| 2014 | 91.53K | 0 | 0 |
|---|---|---|---|
| 2015 | -199.22K | 439.04K | 439.04K |
| 2016 | -373.18K | 250K | 250K |
| 2017 | -167.77K | 0 | 125K |
| 2018 | -378.63K | -20K | 400K |
| 2019 | 746.52K | -75K | -301.23K |
| 2020 | -246.30K | -95K | 51.96K |
| 2021 | -49.67K | -1.15M | 1.21M |
| 2022 | -914.17K | -1.50M | 2.24M |
| 2023 | 1.93M | -3.33M | 1.87M |
QPRC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 90.60K | 264.84K | 247.86K | 537.19K | 166.91K | 165.54K | 208.32K | 331.50K | 91.69K | 159 |
Operating activities | ||||||||||
Net income | 3.64M | -753.51K | -4.15M | -1.31M | -1.31M | -2.11M | -1.16M | -956.09K | -327.27K | -161.52K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 786.55K | 910.32K | 1.15M | 648.39K | 529.48K | 437.72K | 331.27K | 164.81K | 11.22K | 0 |
Stock-based compensation expense | 48.70K | 117.41K | 1.91M | 0 | 0 | 0 | 77K | 0 | 63K | 0 |
| Deferred income tax benefit | 48.70K | 117.41K | 1.91M | 0 | 0 | 0 | 77K | 0 | 63K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -3.00M | 0 | 1.03M | 751.48K | -1.85M | 2.84K | 52.14K | -13.44K | -19.05K | -18.28K |
Inventories | 0 | 0 | 0 | 0 | 0 | 6.10M | 4.19M | 3.39M | 1.10M | 595.46K |
Accounts payable | 147.99K | 19.10K | -1.03M | -470.90K | 3.02M | 191.39K | 39.85K | 70.21K | -4.68K | 35.84K |
Cash generated by operating activities | 1.93M | -914.17K | -49.67K | -246.30K | 746.52K | -378.63K | -167.77K | -373.18K | -199.22K | 91.53K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -3.33M | -1.50M | -1.15M | -95K | -75K | -20K | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -3.33M | -1.50M | -1.15M | -95K | -75K | -20K | 0 | 250K | 439.04K | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.87M | 0 | -1.75M | -171.73K | -16K | 0 | 125K | 0 | 189.04K | 0 |
Cash used in financing activities | 1.87M | 2.24M | 1.21M | 51.96K | -301.23K | 400K | 125K | 250K | 439.04K | 0 |
Net Change In Cash | 472.88K | -174.23K | 16.97K | -289.33K | 370.28K | 1.36K | -42.77K | -123.18K | 239.81K | 91.53K |
Cash at end of period | 563.48K | 90.60K | 264.84K | 247.86K | 537.19K | 166.91K | 165.54K | 208.32K | 331.50K | 91.69K |
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