Rigel Resource Acquisition Corp.
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 Rigel Resource Acquisition Corp. generated cash of -$1,724,125, which is less than the previous year. Cash used in financing activities reached the amount of -$51,596,135 last year. Net change in cash is therefore -$38,847.
Cash Flow
| 2021 | -68.50K | -306M | 307.74M |
|---|---|---|---|
| 2022 | -1.55M | 0 | -11.60K |
| 2023 | -1.72M | 53.28M | -51.59M |
RRAC Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 109.59K | 1.67M | 0 |
Operating activities | |||
Net income | 7.47M | 16.27M | 13.97M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 348 |
| Deferred income tax benefit | 0 | 0 | 348 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 0 | -766.42K | 0 |
Cash generated by operating activities | -1.72M | -1.55M | -68.50K |
Investing activities | |||
Purchases Of Investments | -4.99M | 0 | -306M |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 53.28M | 0 | -306M |
Financing activities | |||
Common Stock Issued | 0 | 0 | 307.74M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -58.27M | 0 | 0 |
Repayments of term debt | 6.79M | 300K | 0 |
Cash used in financing activities | -51.59M | -11.60K | 307.74M |
Net Change In Cash | -38.84K | -1.56M | 1.67M |
Cash at end of period | 70.74K | 109.59K | 1.67M |
| Data source | Data source | Data source |