Signing Day Sports
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 Signing Day Sports generated cash of -$4,848,373, which is more than the previous year. Cash used in financing activities reached the amount of $8,895,671 last year. Net change in cash is therefore $869,120.
Cash Flow
| 2022 | -4.92M | -855.48K | -3.08M |
|---|---|---|---|
| 2023 | -4.84M | -3.17M | 8.89M |
SGN Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 254.40K | 4.68M |
Operating activities | ||
Net income | -5.47M | -6.67M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 183.74K | 7.93K |
Stock-based compensation expense | 547.92K | 152.25K |
| Deferred income tax benefit | 547.92K | 152.25K |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -43.10K | -17.49K |
Inventories | 0 | 0 |
Accounts payable | 57.63K | 746.48K |
Cash generated by operating activities | -4.84M | -4.92M |
Investing activities | ||
Purchases Of Investments | -2.10M | 0 |
Investments In Property Plant And Equipment | -5.64K | -855.48K |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -3.17M | -855.48K |
Financing activities | ||
Common Stock Issued | 6M | 0 |
Payments for dividends | -800K | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 4.71M | -3.08M |
Cash used in financing activities | 8.89M | -3.08M |
Net Change In Cash | 869.12K | -4.43M |
Cash at end of period | 1.12M | 254.40K |