Rare Element Resources Ltd.
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 Rare Element Resources Ltd. generated cash of -$11,706,000, which is less than the previous year. Cash used in financing activities reached the amount of $6,000 last year. Net change in cash is therefore -$11,704,000.
Cash Flow
| 2014 | -13.68M | -33K | -42K |
|---|---|---|---|
| 2015 | -9.33M | -2K | 3.07M |
| 2016 | -3.63M | 88K | 595K |
| 2017 | -1.27M | 0 | 4.70M |
| 2018 | -1.83M | 0 | 0 |
| 2019 | -1.93M | 0 | 5.07M |
| 2020 | -3.11M | 0 | 161K |
| 2021 | -2.84M | 0 | 25.08M |
| 2022 | -9.42M | 0 | -25K |
| 2023 | -11.70M | -4K | 6K |
REEMF Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 15.52M | 24.94M | 2.70M | 5.66M | 2.52M | 4.36M | 927K | 3.88M | 10.13M | 23.90M |
Operating activities | ||||||||||
Net income | -8.99M | -9.42M | -5.40M | -3.22M | -1.43M | -1.76M | -853K | -3.42M | -9.67M | -14.02M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 102K | 100K | 30K | 5K | 5K | 14K | 18K | 38K | 118K | 210K |
Stock-based compensation expense | 467K | 2.92M | 1.53M | 386K | 68K | 0 | 33K | 97K | 254K | 517K |
| Deferred income tax benefit | 467K | 2.92M | 1.53M | 386K | 68K | 0 | 33K | 97K | 254K | 517K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -68K | -106K | 0 | 0 | 0 | 0 | 0 | 11K | 8K |
Inventories | 0 | 68K | 0 | 0 | 0 | 0 | 0 | 0 | 190K | 314K |
Accounts payable | 64K | -892K | 1.00M | -355K | 97K | 334K | -13K | -844M | -190K | -314K |
Cash generated by operating activities | -11.70M | -9.42M | -2.84M | -3.11M | -1.93M | -1.83M | -1.27M | -3.63M | -9.33M | -13.68M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.82M |
Investments In Property Plant And Equipment | -16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2K | -33K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | -13.97M |
Cash generated by investing activities | -4K | 0 | 0 | 0 | 0 | 0 | 0 | 88K | -2K | -33K |
Financing activities | ||||||||||
Common Stock Issued | 31K | 0 | 25.08M | 161K | 5.07M | 0 | 4.70M | 0 | 3.07M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -25K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 6K | -25K | 25.08M | 161K | 5.07M | 0 | 4.70M | 595K | 3.07M | -42K |
Net Change In Cash | -11.70M | -9.42M | 22.24M | -2.95M | 3.14M | -1.83M | 3.43M | -2.95M | -6.25M | -13.76M |
Cash at end of period | 3.81M | 15.52M | 24.94M | 2.70M | 5.66M | 2.52M | 4.36M | 927K | 3.88M | 10.13M |
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