Rosecliff Acquisition Corp I
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 Rosecliff Acquisition Corp I generated cash of -$13,240,000, which is less than the previous year. Cash used in financing activities reached the amount of $3,844,000 last year. Net change in cash is therefore -$9,384,000.
Cash Flow
| 2021 | -2.91M | -7K | 13.92M |
|---|---|---|---|
| 2022 | -1.16M | 0 | -785K |
| 2023 | -13.24M | 0 | 3.84M |
RCLF Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 14.17M | 16.12M | 5.12M |
Operating activities | |||
Net income | -20.85M | -2.91M | -3.98M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 722K | 568K | 1K |
Stock-based compensation expense | 1.24M | 1.15M | 1.36M |
| Deferred income tax benefit | 1.24M | 1.15M | 1.36M |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -52K | -859K | 1.25M |
Inventories | -230K | 0 | 0 |
Accounts payable | -935K | 1.34M | -2.39M |
Cash generated by operating activities | -13.24M | -1.16M | -2.91M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -7K |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 0 | -7K |
Financing activities | |||
Common Stock Issued | 3.35M | 0 | 14.61M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | -483K | -785K | -701K |
Cash used in financing activities | 3.84M | -785K | 13.92M |
Net Change In Cash | -9.38M | -1.94M | 10.99M |
Cash at end of period | 4.79M | 14.17M | 16.12M |