Solstice Gold 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 Solstice Gold Corp. generated cash of -$920,014, which is more than the previous year. Cash used in financing activities reached the amount of $525,726 last year. Net change in cash is therefore -$199,481.
Cash Flow
| 2018 | -445.65K | -1.83M | 9.31M |
|---|---|---|---|
| 2020 | -678.09K | -2.19M | 1.21M |
| 2021 | -389.33K | -729.32K | 20K |
| 2023 | -3.81M | 38.00K | 2.67M |
| 2024 | -920.01K | 194.80K | 525.72K |
SGC.V Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|
Cash at beginning of period | 578.14K | 1.68M | 1.82M | 3.48M | 1 |
Operating activities | |||||
Net income | -886.48K | -3.51M | -416.81K | -680.78K | -2.17M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 11.98K | 309.18K | 0 | 124.94K | 917.67K |
| Deferred income tax benefit | 11.98K | 309.18K | 0 | 124.94K | 917.67K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 8.96K | 34.60K | -6.44K | 5.34K | -144.35K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -920.01K | -3.81M | -389.33K | -678.09K | -445.65K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 3 | -729.32K | -2.19M | -1.83M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 194.80K | 38.00K | -729.32K | -2.19M | -1.83M |
Financing activities | |||||
Common Stock Issued | 563.32K | 2.70M | 0 | 1.19M | 8.37M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -20K | 40K | 0 |
Cash used in financing activities | 525.72K | 2.67M | 20K | 1.21M | 9.31M |
Net Change In Cash | -199.48K | -1.10M | -1.09M | -1.66M | 7.03M |
Cash at end of period | 378.66K | 578.14K | 721.77K | 1.82M | 7.03M |